How much should I ask for this car?

D

DavidLikesDrivingFast

New Member

Feb 3, 2013

2

0

1

Feb 3, 2013

#1

• Feb 3, 2013

• #1

My name is David. I just signed up for this forum and I figured if I get this car I will stay with this forum as it is a mustang of course.

So there is this 2005 Mustang Gt White with Red Stripes with only 73k miles on it going for 9995. It looks really nice (picture wise) and I was thinking about purchasing it so I did a carfax and found out it has a salvage title for a collision.
http://orlando.craigslist.org/ctd/3573187139.html

So I'm just wondering, how much should I take off for it being a salvage title?

And the car is a 2 1/2 hour drive so I can't just drive over there and look at it really quick.

 

Modular2v

Founding Member

Jun 30, 2002

3,222

23

99

oklahoma

Feb 3, 2013

#2

• Feb 3, 2013

• #2

Are you financing or paying cash? A lot of banks wont finance a salvage titled vehicle and a lot of insurance companies wont insure them.

 

D

DavidLikesDrivingFast

New Member

Feb 3, 2013

2

0

1

Feb 3, 2013

#3

• Feb 3, 2013

• #3

Paying Cash and thanks for the quick response

 

trinity_gt

10 Year Member

Jan 31, 2003

3,125

81

99

Canada

Feb 4, 2013

#4

• Feb 4, 2013

• #4

I would tread very carefully. As noted, check with your insurance company to see if they'll even touch such a car.

Lipstick and mascara can mask a lot of bad stuff. It could be that the car suffered a pretty minor collision and an airbag went off -- often enough for an insurance company to scrap it -- or it could have been in a severe collision and had, say, the rear half from another wreck welded on. It doesn't take much to make a unit body car a mess and "never quite right."

If you really like the look of it make some time in your schedule to drive down and give it a thorough look-over. Try to get the car on a hoist so you can check for welds, evidence of frame pulling, wrinkles in the floors etc etc. If they don't want you to look under it walk away...

 

Reactions: Kilgore Trout

Jhussey1280

Member

Jan 31, 2012

185

4

19

New Pal, Indiana

Feb 4, 2013

#5

• Feb 4, 2013

• #5

I'm leary of salvage titles for the above reasons. If it were me and it's just MHO, I'd pass on this car. I know my insurance company will not insure a salvages titled.

 

03_TrueBlue_GT

Active Member

May 5, 2010

810

41

29

Houston, Tx

Feb 4, 2013

#6

• Feb 4, 2013

• #6

I say walk away, there are a lot of Mustangs out there to choose from.

Heres one, even though its about $2,000 more than the one you found but its an example of what is out there. Where are you located exactly?
http://www.autotrader.com/cars-for-...=100&listingId=336071443&listingIndex=3&Log=0

 

Z

z28forlife

New Member

Sep 12, 2005

19

0

2

Feb 5, 2013

#7

• Feb 5, 2013

• #7

Keep looking. Salvaged titles are a pain in the ass.

 

nine2oneGT

Member

Apr 13, 2008

94

2

9

Austin, TX

Feb 6, 2013

#8

• Feb 6, 2013

• #8

Not worth your time, you will have a really hard time trying to sell it if you ever need to. There are plenty of Mustangs in the field.