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Salvage Title F-cars ?

Discussion in 'Ferrari Discussion (not model specific)' started by mauispence, Sep 7, 2005.

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  1. mauispence

    mauispence Formula Junior

    Aug 2, 2005
    526
    Lahaina, Maui, Hawai
    Full Name:
    Jim Spence
    #1 mauispence, Sep 7, 2005
    Over the last few weeks I have looked at every F-car on the internet (I think). It didn’t take me too long to see that the “cheep” F-car of each series is the one with a Salvage Title. The interesting thing about this phenomena is that the Classic F-car can be “re-built” (even re-bodied) and still bring high $$ prices. The newer the car the bigger the deduction for a Salvage Title. Did I get that right? Is that the way it works and if so why?
    Just trying to learn the rules of the F-car market.
     
  2. asb9987

    asb9987 F1 Rookie

    Dec 4, 2004
    4,191
    Toronto
    Full Name:
    A. B.
    #2 asb9987, Sep 7, 2005
    Quite simple really. Never restored cars depreciatein value like falling rocks since there are so many "clear" titled ones available in the market. The reason the old ones are worth so much is because of supply issues. There simply very veyr rare, and sought after by collectors, which drives the price up. Bottom line: Newer models that are salvaged lose value very quickly because there are so many others that are clear titles, awaiting pruchases.
     
  3. Doug.

    Doug. F1 Rookie
    Silver Subscribed

    Apr 16, 2004
    3,303
    Las Vegas, NV
    #3 Doug., Sep 7, 2005
    Ditto. Right on.
     

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