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Thread: Price check

  1. #31
    Senior Member Cobrajet's Avatar
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    Quote Originally Posted by Car Nut View Post
    I have a 2014 ES that I bought with a salvage title. I got it from a guy that buys salvage cars and fixes them up for resale. I knew what I was getting into, because he sold it to me before doing any repairs. Drivers fender was damaged, both drivers doors and rear quarter panel. I picked up a fender and drivers door, and hung them both myself in about an hour, maybe 1 1/2 hrs. I then turned it over to my body guy who straightened the rear door and quarter, then completely repainted the whole car. Had 38k when I bought it. I think I have about $5,000 in it. I have State Farm insurance, and had no problem getting full coverage on it. Yes, I called them before buying it. Lol

    Now for the downside. Some 2014's were blessed with a starter grinding issue. Seems the fix is to replace the "updated" starter, the flywheel, and starter dowel pins. Completely covered issue on "normal" cars. Not on my specially blessed, non warranted "salvage" vehicle. About once a month, I get a God awful grinding when the starter doesn't properly engage. In the US, safety recalls still have to be done by the dealer, free of charge.

    I would not buy a late model salvage vehicle just because of the warranty issue. Suppose you got a bad trans, engine, or rear axle.
    "Uhm... Sorry Mr. Customer, you're not covered for that. We will allow you $3,000 trade in on a new one tho."
    Valid points, to be sure. But it sounds like, in the case of this particular car, that the dealership has already done all the "heavy lifting".



  2. #32
    Senior Member Top_Fuel's Avatar
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    It's back...except the title now says "lien" on craigslist?!?

    Name:  g4_forsale.jpg
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    Link: https://columbus.craigslist.org/ctd/...942714360.html

        __________________________________________

        click to view fuel log View my fuel log 2015 Mirage ES 1.2 manual: 52.2 mpg (US) ... 22.2 km/L ... 4.5 L/100 km ... 62.6 mpg (Imp)


  3. #33
    Senior Member AtomicPunk's Avatar
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    Quote Originally Posted by Top_Fuel View Post
    It's back...except the title now says "lien" on craigslist?!?

    Name:  g4_forsale.jpg
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    Link: https://columbus.craigslist.org/ctd/...942714360.html

    Lien, rebuilt...tomato, tomawto...
    Last edited by AtomicPunk; 07-29-2019 at 09:35 PM.

  4. #34
    Senior Member Top_Fuel's Avatar
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    Price drop to $7K. How low can they go?!?

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    https://columbus.craigslist.org/ctd/...946503482.html
    Last edited by Top_Fuel; 08-04-2019 at 04:38 PM.

        __________________________________________

        click to view fuel log View my fuel log 2015 Mirage ES 1.2 manual: 52.2 mpg (US) ... 22.2 km/L ... 4.5 L/100 km ... 62.6 mpg (Imp)


  5. #35
    Senior Member AtomicPunk's Avatar
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    Quote Originally Posted by Top_Fuel View Post
    Price drop to $7K. How low can they go?!?

    Name:  G4.jpg
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    At any point does it become a good deal?

  6. #36
    Senior Member Top_Fuel's Avatar
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    Depending on what you're after in a car, it may be a good deal as it is. The sticker on that car is $18,000. It looks like an aggressive price (new) would be around $13,500. So it's basically half off as it is. If you're keeping it for the long haul, it could be a great deal. If you're worried about needing warranty support, then it's still a gamble.

        __________________________________________

        click to view fuel log View my fuel log 2015 Mirage ES 1.2 manual: 52.2 mpg (US) ... 22.2 km/L ... 4.5 L/100 km ... 62.6 mpg (Imp)


  7. #37
    Senior Member Dirk Diggler's Avatar
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    Quote Originally Posted by Top_Fuel View Post
    Depending on what you're after in a car, it may be a good deal as it is. The sticker on that car is $18,000. It looks like an aggressive price (new) would be around $13,500. So it's basically half off as it is. If you're keeping it for the long haul, it could be a great deal. If you're worried about needing warranty support, then it's still a gamble.
    Aftermarket warranty about what? $900? Im shocked that car hasnt been bought yet?

  8. #38
    Senior Member Top_Fuel's Avatar
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    Quote Originally Posted by Dirk Diggler View Post
    Aftermarket warranty about what? $900?
    Third party (aftermarket) warranties are notoriously unreliable. And because this car has a salvage title, it most likely would be excluded from coverage.

        __________________________________________

        click to view fuel log View my fuel log 2015 Mirage ES 1.2 manual: 52.2 mpg (US) ... 22.2 km/L ... 4.5 L/100 km ... 62.6 mpg (Imp)


  9. #39
    Senior Member fc321's Avatar
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    Hmmmm, I think for $6000 I personally would take it. But I would take a very close look at the underbody and frame.

    But I am a cheapskate and wow, the price is hard to walk away from. I myself like taking risks so I would definitely go see it in person.

    There are many drawbacks to salvage title cars but if you know what you are getting into there are many advantages to them also. But this is assuming you want to keep the car 10 years because it is so hard to sell a salvage title car, people read so many internet articles saying BEWARE! NEVER BUY A SALVAGE CAR!!!!

    2015 Mirage DE 5 speed Manual - 30k miles

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        click to view fuel log View my fuel log 2015 Mirage DE 1.2 manual: 44.9 mpg (US) ... 19.1 km/L ... 5.2 L/100 km ... 53.9 mpg (Imp)


  10. #40
    Senior Member Dirk Diggler's Avatar
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    Yeah, salvage cars have saved me alot of money twice, and still managed to get 150k plus miles out of both if them. Rhis car will get sold.



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