Rebuilt Cars your opinion?
#2
Posted 13 June 2009 - 08:36 AM
Life without love is like eating fries without the ketchup.
#3
Posted 13 June 2009 - 12:31 PM
#4
Posted 13 June 2009 - 12:35 PM
does anybody know if a car with a rebuilt title costs more to insure? i would think so but dunno.
#5
Posted 13 June 2009 - 02:28 PM
#6
Posted 13 June 2009 - 03:35 PM
i would probably trust a rebuilt with the similar stock parts
if it's a non associated stock part, very skeptical.
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#7
Posted 13 June 2009 - 10:59 PM
definitely have it checked out by someone who REALLY knows their stuff.
rebuilt engine is more common, and not so bad..but always, be careful and have it inspected at a shop.
other than that, as long as it drives straight..............
#8
Posted 14 June 2009 - 01:38 AM
like if you realy want a old school car..compare how much you would have to spend rebuilding it your self....and how much their charging you for the car + likely problems (from test drive mechanics inspection etc...)
things to look out for....
- chassis and bent, dented or rusted bit of metal in the chassis
- body work, mainly rust...under the battery... under the interior fabrics, weatherstrips etc...
- engine gearbox etc etc, before you can get a mechanic to inspect it...try to hear and feel if theres anything wrong with it...rattling etc etc...
- breaks suspension, well...just see if they work properly
but most importantly.... do some research on the availability of parts, im restoring a 280zx at the moment costed me 2k to buy...but so far its already costed me 7grand for the body works...
and if the seller restored their car via a mechanic..they should hold somesort of certificate and even warranty from the mechanic that did the job..
enjoy
#9
Posted 15 June 2009 - 10:36 PM
#10
Posted 16 June 2009 - 09:50 PM
#11
Posted 21 June 2009 - 07:52 PM
but hey, your money.. your choice.
#12
Posted 22 June 2009 - 02:47 AM
When a car is declared salvage, it always remains a salvaged vehicle and that salvage title can never be changed back. This classification of salvage results in the following:
1. Because it is a salvage vehicle, the insurance company will not insure it for full fair market value, because it has already been declared salvage; This means that the car is worth much less than blue book, and in fact, there is no blue book on a salvage vehicle, as the value is only determined by what someone is willing to pay. If you pay $9,000 for it and you want to insure it, no insurance company will insure it for $9,000. They might insure it for $2,500-$4,000, but no more than that, even if they would insure it at all. Most insurance companies will not insure salvage vehicles for comprehensive coverage, only liability. Some insurance company has already paid a lot of money and made the determination that it was not worth rebuilding.
2. There is no warranty on a salvage vehicle, implied, stated or written because you cannot give a warranty on a vehicle with salvage title.
3. You are buying it "as is and where is," and when you buy it, you are saying that you understand that, and understand that you cannot sue anyone for lying to you about its condition because you bought it "As is-Where is with No warranty."
4. Because it is a salvage vehicle you have no, repeat NO recourse back against the person that sold it to you, so if it turns out that it was not repaired properly, etc, it is your problem because you bought it "as is and where is" with no warranty.
5. The real problem is that when a "salvage vehicle" is allegedly repaired, there is no way to inspect the car to determine if the air bags work, if all of the factory installed safety equipment works, such as energy absorbing bumpers, Federally mandated safety equipment works, that the car was repaired properly, and it is impossible for anyone to determine this because they would have to take the car completely apart to do it.
6. You are making an assumption that everyone involved in the purchase, sale at auction, purchase by some dealer, is telling the truth, or telling you all that they know, or that they know everything they need to know about the car. I have dealt with hundreds of cases like this and in every case, someone was lying about material facts. They either lied outright, or lied by omission in not telling the purchaser the truth, or the repairs that were done were not done completely or correctly.
7. You are betting your life that this car has been properly, and completely repaired, and that all of the safety equipment will work when you get into an accident. There is absolutely no way I would take that chance, or put my family or friends at risk of losing
their life because the car was not repaired correctly.
8. There is no one on this earth, at the California Highway Patrol, or the dealership, or an expert, that can verify this vehicle has been safely repaired. I am a recognized expert in vehicle identification, in VIN verification, and am very mechanically inclined, and have over 40 years experience in verifying vehicles, and I could not and would not examine this car and tell you that it is a safe vehicle. All any law enforcement VIN officer can tell you is that the VIN on the car is the True Vin, and that the VIN has not been altered or switched from a wrecked vehicle onto a stolen vehicle to conceal the fact that the car was stolen.
9. Do yourself a big favor, pass on this car and buy one locally, from a dealer or private party that you can check up on and verify what they say. There is no such thing as "getting a good deal on a salvage vehicle" unless you are an auto wrecker and can sell parts off of the rest of the wrecked vehicle.
Total Loss Salvage Vehicle
544. "Total loss salvage vehicle" means either of the following:
[a] A vehicle, other than a nonrepairable vehicle, of a type subject to registration that has been wrecked, destroyed, or damaged, to the extent that the owner, leasing company, financial institution, or the insurance company that insured or is responsible for repair of the vehicle, considers it uneconomical to repair the vehicle and because of this, the vehicle is not repaired by or for the person who owned the vehicle at the time of the event resulting in damage.
[b] A vehicle that was determined to be uneconomical to repair, for which a total loss payment has been made by an insurer, whether or not the vehicle is subsequently repaired, if prior to or upon making the payment to the claimant, the insurer obtains the agreement of the claimant to the amount of the total loss settlement, and informs the client that, pursuant to subdivision [a] or [b] of Section 11515, the total loss settlement must be reported to the Department of Motor Vehicles, which will issue a salvage certificate for the vehicle.
Amended Ch.1008, Stats. 1994. Effective January 1, 1995. Operative July 1, 1995.
Amended Sec. 4, Ch. 451, Stats. 2003. Effective January 1, 2004.
#13
Posted 22 June 2009 - 06:15 PM

























