is in excellent condition? It is a 96 Mazda 626 91K miles for $2995....what do you think?
2006-09-09 04:45:49 · 10 answers · asked by Sharonzeke 2 in Cars & Transportation ➔ Buying & Selling
A salvage title may mean that the car was a rebuilt total loss, or it may meant that the car was at one point sold to an insurance company or junkyard.
If a car is stolen, the insurance usually will pay the claim after 30 days. If the car is recovered after the insurance has settled the claim, the insurance company gets the car. Once they pay they claim, they get ownership of the vehicle.
In some areas, the police use private tow companies to handle the impounding of vehicles. If, after a period of time, the car is not claimed, the tow company can apply for authorization to dispose of the vehicle. For example, if someone is arrested for a crime, their car will often be impounded. If they are jailed, they will not be able to get the car out of impound. Usually this authorization only allows for the vehicle to be sold to a scrapyard. If it is a late model vehicle, or a car in very good condition, the scrapyard my apply for a salvage title, and resell the car.
You do not say what engine or trim level the car you are considering has so I can not help you much with the value. If you do decide to consider the car, pay to have it checked out by your own qualified mechanic prior to purchase. Make sure that any and all repairs were done well. If the seller does not want to allow you to have the car checked, run from the deal!!!
2006-09-10 16:15:24 · answer #1 · answered by fire4511 7 · 1⤊ 0⤋
STAY AWAY. Completely. Unless your willing to pay AT LEAST double for your car insurance, its not worth it.
If your price range is under $3,000 you should be able to find an older car that runs great and has clean title. Check out retirement communities. They usually have for sale ads posted in the head office. Seniors tend to take MUCH better care of their cars and they'll give you the deal of a lifetime because they want the money quick.
Also you can try craigslist.com but don't believe everything you hear. Be very hesitant. I bought a 77 Firebird off there and the guy said it ran great, clean title...i drove it a block and it broke down. And i already bought it. I took his word, which was imcredibly stupid.
Good luck! And remember...CLEAN TITLE. Its worth it in the long run.
2006-09-09 11:50:03 · answer #2 · answered by Anonymous · 0⤊ 0⤋
I would stay away from it. You may run into trouble getting it registered. Check with your DMV before buying it and see what they say about salvage titles. Also keep in mind that a salvage title means the vehicle has likely been in a major accident. Something important, like the frame could've been damaged and repaired, not replaced, look into this and be very careful in your decision to buy this vehicle! Good Luck!
2006-09-09 11:53:44 · answer #3 · answered by vegasinco 2 · 0⤊ 0⤋
Could be a "can of worms". Whenever contemplating purchase of a veh. with a salvage title, get a carfax on it. I myself might take a chance on one that was wrecked and totalled, but they can keep the ones that have been burned or damaged by flood, particularly salt water.
2006-09-09 11:55:41 · answer #4 · answered by yp_al_spruce_pine 2 · 0⤊ 0⤋
Stay Away....they paid a couple of hundred dollars for it...
You are just ASKING FOR TROUBLE!!!
remember....if a deal looks too good to be true....IT IS....
2006-09-09 12:15:08 · answer #5 · answered by B_Auto 2 · 0⤊ 0⤋
Only for less than $100.00.
What idiot is trying to sell you a salvaged car for THAT price?
2006-09-09 11:53:53 · answer #6 · answered by ? 3 · 0⤊ 0⤋
DUH! Salvage title means it was wrecked and written off by the previous owners insurance. They either fixed it enough to get some sucker to buy it. Or they stole the care you are buying and swapped the vin numbers.
2006-09-09 11:51:54 · answer #7 · answered by Anonymous · 0⤊ 0⤋
offer them $500
2006-09-09 11:51:47 · answer #8 · answered by bhcky79 3 · 0⤊ 0⤋
Stay Away...
2006-09-09 16:13:57 · answer #9 · answered by Bigz 2 · 0⤊ 0⤋
no stay away from it
2006-09-09 11:51:53 · answer #10 · answered by Stoner 5 · 0⤊ 0⤋