![]() |
Register or Log In To remove these advertisements. |
|
|
![]() |
|
Thread Tools | Display Modes |
|
![]() |
#1 |
Registered User
Join Date: Apr 2014
Location: NOR-CAL
Posts: 1,134
|
Re: Think I'm gonna have to sell my truck :(
In my limited experience the big ding on salvaged vehicles is that insurance will only pay like. 30% of the value of a non salvage vehicle
Posted via Mobile Device |
![]() |
![]() |
![]() |
#2 |
Registered User
Join Date: Mar 2015
Location: Morada, CA --- (Near Lodi)
Posts: 1,443
|
Re: Think I'm gonna have to sell my truck :(
Mostly it all depends on the buyer.... and what they are looking for and what they will spend. "Everything has a Price"
The other thing someone mentioned is what an insurance company will re-insure the 'repaired vehicle' for with a salvage title. Even if somebody made a show truck out of it and dumped $50,000 into it, an insurance company may say its only worth $5000 to insure and thats their limit of liability on a "salvage vehicle". Thats the main problem with salvage titles.... I have a custom motorcycle worth about $25K I built from a salvage title but it can only be insured for $5000... in CA.
__________________
My Build: 57 Chevy Pro-Street |
![]() |
![]() |
![]() |
#3 |
Registered User
Join Date: Jan 2011
Location: Chattanooga, TN
Posts: 2,200
|
Re: Think I'm gonna have to sell my truck :(
Salvage title doesn't mean death. If you can see the before, it may be no big deal. I bought an '87 Suburban with a mild engine fire as salvage. Put a new engine harness on it and had the hood painted. Used the same belts and hoses (never took them off). I paid $2000 for it and sold it 2 years later for $3000 I think. Had an '89 IROC 5-speed that ran under a barbed wire fence. Paid $1650 for it. I put a used door and ground effects on it for under $100. Drove it 2 years and bought a nose for $75. I waited to find parts the right color so I never had any paint done. Drove it a total of like 5 years and 75K miles and sold it for $2000. One of the best cars I ever had. Point is, if you can show the damage up front, there is no reason to run from a salvage car. The right buyer will understand that. You won't get top dollar, but you should not have to give it away.
__________________
'83 K20-TPI '73 C10 '79 C10-ex-diesel(SOLD) '07 Tahoe(Son driving) '14 Suburban-DD '71 C10-current project |
![]() |
![]() |
![]() |
Bookmarks |
|
|