Quote:
Originally Posted by fred jernejec
I am interested in a GTO that has a rebuilt salvage title. How bad does this affect the value of a car? It was stolen in the seventies and was then recovered without interior. drivetrain numbers match . A very nice car but I am concerned about the title! Thoughts? thank you fred
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Are you buying to flip or for yourself? I've bought a couple "Salvage" title vehicles. The prices reflected this. One was a 77 280Z out of an impound lot. Not wrecked, needed a hood, but was quite a chore getting the paper work up to par because it had lien sale papers. The other was a BMW Z3?? Had rear quarter damage, we replaced all the damaged parts and painted to match. Woman who bought was thrilled and knew about the salvage title. Now on an older car like a GTO I would have no problem with a salvage title if the price was right.