Salvage title M3

[m3f_JuliusPleaser]

Good example.



Back in '98, I bought a salvage title '94 Miata that had 22K miles on it for $2400. It was a black on tan car, and it had every option including seat subwoofers. The car was hit in the front but it was still driveable.



Parts were REALLY expensive, but I still made a couple grand profit when it sold.

[m3f_infamousm3]

A salvage title isnt that bad "IF" you know what your doing.

My friend buys and sells cars that were damaged. 1st you need

to know about body work and frame damage. You cannot reg a

salvage car unless it gets inspected by DMV. People are saying

you only get $4000 grand and thats not true. I've also heard you

cannot get loans, thats not true. YOu just need to deal with someone

who knows what they are doing.

Just a example of cars I've seen driven and now are sold, with all salvage

titles..

99 M3 (someone came up to NJ from texas)

97 4/door M3

95 M3 (mine) which is for sale. $6000 :thumbsup:

about 7 lexus IS300

about 15 NAVI,Expo's

He makes major $$$$ from fixing up cars.



I wouldnt pay 11g's for a crashed car.. I know where he can get a M

for 11gs without being crashed. It's in NY.

check out my ride in the gallery under (infamousm3)



jay

[m3f_infamousm3]

P.S



never buy a CRASHED MAZDA...they dont make many after market body

parts.. eace:

[m3f_Sirius_880bd69485]

That was an 04 X5 too btw. Totaled, the entire body was warped.

[m3f_Realhotguy_80d06ef0ad]

X5 I tought it was a m roadster

[m3f_m3fuz_1da011f372]

I would never buy a salvaged car. I have personally seen what it takes to get that title.. and its not pretty.



Heres an example of a car that may get a salvaged title:



What are you talking about?? That'll buff right out.



It's a salvage title for a reason. Tell your friend to run, not walk, but run away and hold out for a decent E36 without the headaches.

[m3f_Sirius_880bd69485]

What are you talking about?? That'll buff right out.



It's a salvage title for a reason. Tell your friend to run, not walk, but run away and hold out for a decent E36 without the headaches.



Lol, even stevie wonder could see that mess....

[m3f_roc64]

Lol, even stevie wonder could see that mess....

These guys that think salvage tiltles are no prob dont have a clue. They are a nightmare. Besides not to sound to much like an a$$hole, but if the only way they can buy a Bimmer is to buy a Salvage one they should get a straight civic and enjoy the reliability, because who knows what you get with a dirty title?

[m3f_Sirius_880bd69485]

These guys that think salvage tiltles are no prob dont have a clue. They are a nightmare. Besides not to sound to much like an a$$hole, but if the only way they can buy a Bimmer is to buy a Salvage one they should get a straight civic and enjoy the reliability, because who knows what you get with a dirty title?



I completely agree.

[m3f_astan100_7ef66fbe89]

I will admit that you could possibly land a sweet deal, but the potential downside should be large enough to keep all but the most experienced buyers away from such things.



Don't start thinking of ghetto ways to cheat the system either; that's just ridiculous.

[m3f_JuliusPleaser]

Total rebuilding is not for the novice. You need to have a SERIOUS hookup in the paint and body business before even considering a rebuild.



I owned an autoglass replacement company for years, and I have several close friends in the body business. That's the only way I was able to pull off 5 rebuilds without losing my ass.

[m3f_Realhotguy_80d06ef0ad]

My friend bought the car evem though i pleaded with him. He wouldn't listen. Well he already bought new tires for it, Michelin pilot ps2. His car is in the shop now. Getting body work.Turns out theres no problems at all with the engine or anything. Just body damage. So all thats left for him is to get a new door and fix the dents on the right side right behind the door. So the cost wasn't too much for his car. I think it'll get around 16,000 all together. This seems like a good deal to me. The car has around 30,000 miles on it. Do u guys still think it was a bad deal even though theres no major problems? One thing i can't figure out though is that how it got the salvage title on it. I mean not much damage. Maybe it was stolen then crashed,i dont know, whatever

[m3f_Sirius_880bd69485]

Get some pics of it before its fixed... with the damage on it.



It would give, at least me, a better prespectvie on what he got.

[m3f_douglee25]

In PA anyway, if you buy something with a salvaged title, you take some pictures before and after the repairs and send the State the pics. At this point you can register it without issue. I don't know that I would do it with a $16,000 car, but for a motorcycle or a sub $5,000 car, I would do it if the car checked out.



Doug

[m3f_96BmwCosmo_c44c0f570d]

i as well as my father are in the salvage business. everyone dogs salvage but they really dont know what they are talking about. a car can be salvaged if its been i water stolen vandalized etc. my m3 was salvaged, its a 96 cosmos black with 41k on it when bought. thing is in immaculat condition. you have to understand the prices for parts on cars arent cheap and when you start to add up little things that need to be replaced the reapairs get quite expensive, for instance my car needed the entire nose replaced sheet metal wise and slight frame work. in order to get the parts to all line up and for the car to pass Salvage inspection which is the hardest inspection a car will see. the frame of the car has to be straightend and measured so that the measurments line up to the exact millimeter or it will not pass inspection. i paid $4,000 for my car at the auction and put another 2k in parts and paint etc. so if your telling me a 96 m3 with 41k original miles is a rip off because its salvage then i dont know. the reason cars are savaged is mostly becasue the prices of parts are relatively expensive. they go by dealer costs not wholsale or anything so do the math here are estimated prices, a complete front bumper assembly around $600ish headlights $200ish, fenders$300ish sensors$100-300ish, plastics$100-$300, radiator$300ish, aux fan $300ish ac condensor$300ish, broken motor mounts$100ish, labor for assembly around a $1000, paint and what ever else $1500ish. anyone who knows how much bmw parts cost will know that this all adds up to being more. plus all the other things that need to be replaced will add up insurance companies use retail prices and that is why the repairs get so costly and the vehicles get salvaged. In reality you drive teh car not the title, and that is why i dotn understand why people make a big fuss about it. as long as the car is purchased through someone who knows what they are doing they will not have any regrets purchasing a salvaged vehicle