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-   -   Salvage title (http://986forum.com/forums/boxster-general-discussions/42095-salvage-title.html)

RandallNeighbour 01-08-2013 06:16 PM

I like this one!

Porsche 911 Turbo Insurance Vehicle Sales

WhipE350 01-08-2013 06:47 PM

Wow what an amazing site! I've been looking at it all night! Looks like Sandy ruined many many wonderful Porsche family members.

husker boxster 01-09-2013 03:45 AM

I'm curious why people are suggesting a PPI. A normal PPI would be done by a mechanic because you want to know the mechanical condition of the vechicle. What does a mechanic know about body work? They're two VERY different animals. To me, it would be like going to a dentist for an appendectomy. If you're wanting a professional opinion on a wrecked car, why not make arrangements with your ins co to have an adjuster look at it? Or is this what is being referred to when saying "PPI" - a review by the appropriate professional? Just trying to expand my small knowledge base.

husker boxster 01-09-2013 03:52 AM

Quote:

Originally Posted by RandallNeighbour (Post 323070)

On the surface this one looks good. Would be pretty simple to repair. But to me, the damage possibly suggests someone who may be falling behind in life and decided to cash out his Porsche. He does some damage, is a tool to deal with, gets a check, and is out from under his expensive Porsche. The problem is he probably also had some high rev fun before he did the final damage. This wouldn't be apparent but something to consider when bidding.

Frodo 01-09-2013 06:20 AM

Quote:

Originally Posted by WhipE350 (Post 323076)
Wow what an amazing site! I've been looking at it all night!

Yeah, kind of interesting. I love some of the descriptions. Here's one for an '02 Boxster S:
"Primary Damage: FRONT END (MINOR DENTS/SCRATCHES)"
..and the accompanying pic?

http://i213.photobucket.com/albums/c...psb2983033.jpg


Sounds a bit like the description I gave my Dad 35 years ago when, one morning, I had to mention to him that I'd banged up one of the family cars the previous night. "Yeah, sorry, Dad---but the good thing is it's just minor dents and scratches.." :rolleyes:

shadrach74 01-09-2013 08:33 AM

Quote:

Originally Posted by husker boxster (Post 323096)
I'm curious why people are suggesting a PPI. A normal PPI would be done by a mechanic because you want to know the mechanical condition of the vechicle. What does a mechanic know about body work? They're two VERY different animals. To me, it would be like going to a dentist for an appendectomy. If you're wanting a professional opinion on a wrecked car, why not make arrangements with your ins co to have an adjuster look at it? Or is this what is being referred to when saying "PPI" - a review by the appropriate professional? Just trying to expand my small knowledge base.

Your assumption that cars are totaled solely on the basis of body work is misguided.

A hard pothole hit could total an early base Boxster even if the sheet metal is untouched as could running over a curb at moderate speed. Any true PPI should include checking the alignment of a vehicle as well. An owner with moderate knowledge can do a lot to see if sheet metal has been replaced in the case of an impact. Pcars, especially Boxters, are rather easy to inspect for signs of sheet metal work. Pull the liners in the bonnet and trunk, there are seams and rivet lines everywhere that would either look factory or they wouldn't. If they don't then you dig deeper.

Buying salvage is not for those with a small knowledge base or for those that want someone else to tell them it's a good buy. There's a risk (as there is to any purchase) and the buyer must either be confident in his/her ability to assess the risk reward and be prepared to incur the costs of being wrong. In the case of salvage titled vehicles the risk and reward is greater...how much greater depends on how well it's evaluated and how well it's bought. Those who've not had the time to learn how to analyze a machine on condition, should stick with certified pre-owned. It's likely the least painful way to go.

I will say this about CarFax, purchases and Pcars.

1) A Carfax is almost useless in terms of condition. It's a small part of the puzzle at best and it's just a piece of paper that is by design a way for people don't know better feel comfortable. Given the choice between a car fax and physical inspection, I'd take a physical inspection every time.

2) Your insurance company is part of an industry database and has access to far more information about your cars accident history than Carfax ever will. If you know an adjuster ask him to do an industry data base vin search.

3) Pcars are expensive machines. At some point in a Porsche's life it has likely been owned by someone of means. Say you're a nicely paid pro or business man making 400K or so a year and you put your 2012 991 turbo into a curb sideways at 45mph. The insurance company would have almost 20K on the estimate in wheels, tires and alignment, not to mention suspension work and what ifs of replacing exotic suspension pieces... Are you going to pony up 25-30K in cash to fix it with serviceable used parts by your local indy or risk have your 140K car end up with Carfax blemish and a major rate hike? Could go either way, but $25K is not a huge hardship to most folks driving $150K cars…

The only guarantee is that there are cars out there with a pristine Carfax report that do not truly have pristine history and conversely, there are safe, well repaired and reliable vehicles out there that are misrepresented by their vehicle history reports...


Choose your priorities wisely, it's a jungle out there...

doublesw 01-09-2013 03:54 PM

Quote:

Originally Posted by husker boxster (Post 323097)
On the surface this one looks good. Would be pretty simple to repair. But to me, the damage possibly suggests someone who may be falling behind in life and decided to cash out his Porsche. He does some damage, is a tool to deal with, gets a check, and is out from under his expensive Porsche. The problem is he probably also had some high rev fun before he did the final damage. This wouldn't be apparent but something to consider when bidding.

you would be surprised at the amount of people who do this. They rag their car out and then have some kind of bull**************** accident that causes just enough damage to total their car, but not enough that anybody get seriously hurt.

Krusser 05-20-2013 09:42 AM

I bought 2 salvage cars couple of years ago and one some months ago (view here and at this page), so I think there is nothing wrong with buying salvage cars, but I would never buy a salvage car if it wasn't saving me at least 70% off the retail value of the car. Moreover, it depend on why it has a salvage title, I would never buy a flooded vehicle.

01SBox 05-20-2013 10:43 AM

LOL, yeah, those minor dents and scratches will surely buff right out.

Quote:

Originally Posted by Frodo (Post 323113)
Yeah, kind of interesting. I love some of the descriptions. Here's one for an '02 Boxster S:
"Primary Damage: FRONT END (MINOR DENTS/SCRATCHES)"
..and the accompanying pic?

http://i213.photobucket.com/albums/c...psb2983033.jpg


Sounds a bit like the description I gave my Dad 35 years ago when, one morning, I had to mention to him that I'd banged up one of the family cars the previous night. "Yeah, sorry, Dad---but the good thing is it's just minor dents and scratches.." :rolleyes:



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