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Unread 07-22-2006, 07:54 PM   #1
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Default Need Advice Badly. I might buy this car (Incase you miss the thread)

Can it really count as a repost if it's on a totally different forum? :P. lol. I want to get as many opinions as possible. Anway... here it is:

I know I've made some similar threads but I've appreciated the advice in every one and I need your advice once again.

Here's the situation... and it's a difficult one.

The Good:- It's a 1997 Black Automatic RS V6 with 66,000 miles. Very nice. Just like my totaled one.
- It's got brand new tires (I think)
- It's got some very expensive looking chrome rims
- 400 watt JVC sound system
- In-Dash multi-CD changer that changes colors
- Metallic tint on the side windows
- I already have nice power antenna I never installed in my totaled camaro I could put on the car
- Many of my blackouts, and my foil sunblocker thing would fit the car.
- The owner is obviously a car guy, and sounds like he's taken good care of the car. I think he might also really need to sell the car (since he's even considering 2,000 below his asking) and that I'll be in a good position to get the price very low.

The Bad:- The Carfax says it's been in a moderate and minor accident (one of which the owner knew about and told me about). One on the front left of the car (the moderate accident). One on the left side of the car (the minor one). I think airbags deployed both times which is why the car was totaled. Not sure.
- It's got a salvage title (the owner was also honest about this)... My understanding of this is that it'd be really hard to resell if I ever wanted to, and that I can't get collision insurance.... AHH!
- The airbag in the steering wheel isn't connected, and there is no shotgun airbag. I'll need to replace this and it would probably cost around $1,500.

Salvage Title Issues
The salvage title and airbags are a tricky situation... Is there any way to "fix" a salvage title?... you know...make it back into a regular title?

I might be willing to take a risk on this car if the price is right. I mean it sounds like it's nice and if the mechanics check out then it'd be awesome to drive...

My Thoughts
After getting the insurance money on my other camaro I'll have a total of around $8,000-$10,000 to spend (Including airbag repair). His original asking price was $7,000. I got him down to $5,000 just over the phone. We'll probably drive up and check it out (it's like 160 miles away). So basically he'll be thinking "$5,000" all week... I'm considering buying it for $4,000-$4,500... but he's put a lot of money in this car and I know he's getting toward his breaking point. The good thing is that the jump from 5,000 to 4,000 isn't nearly as bad as from 7,000 to 4,000.

Anyway... Assuming I could get the car for $3,700-$4,500... Spend another $1,500 on the airbags...

That'd leave me with $2,300-$4,300 leftover for future repairs/accident issues.

The car sounds amazing (assuming the mechanics and paint check out) but I'm equally scared about the insurance issue.

What do you think?
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Unread 07-22-2006, 10:57 PM   #2
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I drive a 1992 Mercury Grand Marquis which we bought for $700 at 70000 miles. Why so cheap? The guy hit something on the front right that messed the car up a bit. The bumper cover (plactic covering the real bumper) was hanging down and touching the pavement. The bumper (1/4 inch aluminum) was bent down a lot. Also the airbags didn't work, ABS didn't work, as well as a lot of other stuff. I put a new bumper on and managed to patch the bumper cover up with fiberglass/epoxy. I also replaced any broken/missing lamp assembies as well as the header panel (grey piece above grille). LOL only 2 original lamps are left. Some trim pieces are missing/broken (hard to find) but this is car is driveable (w/o airbag) and very cheap. So far it lasted 2 years w/o major repairs. Also I don't think you can get a clear title, but you can get a title that says something along the lines of "reconstructed".

EDIT: Ohhhh, the informationator, the one with the 97 black camaro. i remember now. OK sorry you'e looking for a dream car, not just something driveable. I don't see any links or pics, so i can't tell what condition the car is in. It would suck if the frame or suspension is bent. Then the car won't drive straight. If the airbag is the only problem, then go for it. Like I said, you won't get it to a clear title, but "rebuilt" or something is possible.

Go check it out. Test drive it, if its possible. Make sure the steering wheel doesn't pull to either side under acceleration, braking, and "cruising".

Hope this answer your questions.

Last edited by apavlov13; 08-04-2006 at 08:49 AM.

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Unread 08-03-2006, 09:01 PM   #3
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I would say stay away from it, you don't know if the salvage title is from an acident or was it flooded. If it was flooded stay far, far away! Also it seems too high on the sales price. Just did a Blue Book check on a 97 RS convertible and the price was 5,500. Thats for one in reasonable good shape. Take your time when looking for a car, do you home work and don't be swayed by someone lower the price on a vehicle (there's probally a reason for it). Again I would stay away on this one.

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Unread 08-03-2006, 11:55 PM   #4
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I too would be wary of the car. Make sure the frame isn't bent. There is no way to change a salvage title back to a normal one, at least here in Oregon. Also like BFH said the blue book price is just over what you were offering to pay for it. I could see possibly paying $3000 for what you descirbed but not $5000.
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Unread 08-04-2006, 11:27 AM   #5
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First of all, the asking price is wasy to high. When your car has a salvage title, the value of it goes down anywhere from 40-60% if you are trying to sell it.

Secondly, you can fix the car all you want, but the "salvage" title will never go away, it will always say "salvage" unless there is some new law that I am unawair about.

Last but not least, I would stay away from this car if I were you. All it takes is a little patience, because people sell cars all the time. I know what it feels like to want to jump on a car that seems like a great deal, but you got to understand "deals" come around all the time with cars, it's by far a once in lifetime oportunity. You will be able to find something nicer than that without a salvage title if you give it the time!

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Unread 08-04-2006, 12:46 PM   #6
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Offer him something really low, around 3500, I think that that would be a fair price for something that old and with a salvage title.
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