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Old 09-22-2007, 06:12 PM   #1
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Garage
two words

track car!!
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Old 09-22-2007, 06:26 PM   #2
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Quote:
Originally Posted by j.fro
track car!!
+1 .
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Old 09-23-2007, 05:05 PM   #3
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Yes, you will have a salvage title. Some states will require you to have it inspected after repairs to be considered road worthy, at which point the title will read "rebuilt salvage." Yes, it is hard to sell cars like this, but if you want it for your own good, you can make out very well if you know the damage was only cosmetic.

Your car is likely worth about $15k, say damage was $7k, you buy it back from for $2k or $3k, get it fixed for hopefully $5k, and for $7k now you have a new Boxster, albeit one that was salvaged.

Worth looking into if you know the car was good before, and you plan to keep it for a while.

Patrick
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Old 09-24-2007, 06:44 AM   #4
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While there is likely an emotional attachment to the now wrecked car, take the payoff and go get another one. If you have the room and luxury of time, you might consider buying it back and parting it out yourself. Not sure how many broker/dismantlers are on the board.
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