How much are they going for? With a proper job done and not necessarily low miles.
That's like asking what an F430 goes for. **** is all over the board depending on spec and options. The salvage golden rule is 70% of clean title value imo. That being said, not all salvage cars are the same. Some will have corners cut and be dangerous to top out. Others will come out flawless. Be diligent.
I agree .. I was focused on buying an AMG GT (something), but then my buddy made a good point that the f430 is in the same price range. So I'm slowly looking at the market. I probably won't buy anything right now, but I'm trying to understand it better. And like you said, it is all over the place and I can't figure it out. For example the AMGs based on the trim, it's within a 10k range. Those F430 are really all over the place, I've seen them between 80k and 140k. It's crazy.
Please, keep in mind that starting from an "accettable" salving title vehilcle arriving to a drivable and enjoyable one there are so many headhaches, money to spend, parts to source out and long time to invest. If it is a salvage 90% of the time is for a very good reason. Money or time, your choice. IMHO.
I completely agree. I'm seeing my buddy rebuilding a flood car, but i know noone else would restore it in the same way, and the juice needs to be worth the squeeze. I have seen some clean F430s in the 90k, is that still a reasonable price? I dont care about all the bells and whistles, I care for the engine, maintenance, the car being red, and the interior not so ugly that i wana poke my eyes out.
If you’re looking for a deal, there’s a guy on one of the Facebook groups that’s about to list his 2005 silver coupe. It’s higher mileage and first year so the price will be at the lower end but it’s been completely sorted and has some pricey add ons. I think he was going to start at $105k.
Other things to consider that add costs to salvage vehicles: Not all insurance companies will insure a salvage title car, and ones that do can be pricey compared to a non salvage car. It is generally impossible to finance or lease a salvage title car. I know Hagerty here in Canada doesn't care about salvage, you pay on stated value. Some jurisdictions will not allow certain type of salvage cars. For example you can't license a salvage or rebuilt vehicle with flood-related damage in Canada. And unless you were part of the rebuild, or extremely good documentation was kept, you will never really know the true extent of the damage. 100% it will be downplayed. Could mean chasing gremlins forever.
Completely agree. Just prices for this car all over the board. Just trying to understand this market a bit better.