getting tempted to the bastard stepchild Steve? Should go over 40k, but it won't. It really is nice.Wow that is nice looking
I love it but I am contemplating something even more ridiculous than another car to blow time & money with - a 1962 Chris Craft mahogany ski boatgetting tempted to the bastard stepchild Steve? Should go over 40k, but it won't. It really is nice.
I understand, they are beautiful.I love it but I am contemplating something even more ridiculous than another car to blow time & money with - a 1962 Chris Craft mahogany ski boat![]()
I think a salvage title is generally irrelevant on a car this old. My 911 had a salvage title when the PO bought it in 2000 because it was a cheap used Porsche in the 90s and didn't take a lot for something too-expensive to happen to it. The car is straight everywhere with no evidence of a collision and corner weights perfectly, so I spent zero seconds worrying about it. Hell, my current normal car, a 2013 Jetta Sportwagon TDI, may end up getting totalled because the cats got stolen *again* and the ECM got bricked this time, with a potential five-figure cost to repair to as it was before. And that's a car that will run and drive normally save for the ECM.
The manner in which it 'hurts the value' is only relevant if it acquired that salvage title between your buying it and selling it. If you take a hit selling it, it's the same hit you gave when you bought it. If you are talking about a car with a significant pool of people who put a particular financial value highly original and low-mileage examples (e.g. air-cooled 911s) then yes, it will be worth less than one of those. So will most other examples. I don't think (based on my experience looking at 911s) the difference between the latter two is significant, especially when the reason for the title is most anything other than major body damage or flooding. When a car is at the bottom of its value curve, it's not hard to total it for insurance purposes because of cost of repair.I beg to differ with you. In my book, a salvage title is a problem with any age car that you intend to buy, especially on a collector car. When you go to sell, it will for sure hurt the value and limit the pool of potential buyers.
The manner in which it 'hurts the value' is only relevant if it acquired that salvage title between your buying it and selling it. If you take a hit selling it, it's the same hit you gave when you bought it. If you are talking about a car with a significant pool of people who put a particular financial value highly original and low-mileage examples (e.g. air-cooled 911s) then yes, it will be worth less than one of those. So will most other examples. I don't think (based on my experience looking at 911s) the difference between the latter two is significant, especially when the reason for the title is most anything other than major body damage or flooding. When a car is at the bottom of its value curve, it's not hard to total it for insurance purposes because of cost of repair.