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Hi,
If you are dependent upon finding a Cheap Porsche in order to own one, then this is not the right Car for you at this time. And this is more germane to the discussion than the viability of a Salvaged Car.
There are many Salvage Cars which are put back together correctly and go on to give many more miles of driving pleasure. In fact, I have a friend who has a side business of buying Salvaged Exotics (Ferraris, Lamborghinis), repairing them properly and Washing the Title through another State before selling them. But, he has experts to call upon and doesn't buy just any Salvage Car, only the ones he knows can be properly restored. He just sold a Lamborghini Diablo which was totalled. He bought the Car for $30k, spent $56k having it properly repaired at a Nationally known Lambo specialist, and sold the Car for $92k. He suffers no moral conflict because he spends the $$ to get the Car right before selling it. In 10 years, he's never had a single dissatisfied customer. I would buy one of his Exotics without hesitation - I drove this Diablo and it's Showroom New in Fit, Finish, Performance, and Feel.
That said, having a Salvage Title will always have you looking over your shoulder, wondering if some future breakdown or failure is the result of the Car not having been properly restored or whether it's a normal failure. This is no way to enjoy owning a Porsche.
Bite the Bullet and either wait until you can afford a non-salvaged Car or carry a loan on one. As mentioned, you have plenty of time to get a proper Car which you won't have to spend needless energy worrying about...
Happy Motoring!... Jim'99
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