Please I need FAST help.
#1
Please I need FAST help.
Ok well heres the deal, i dont have a mustang yet , but im really thinking about it its 2005 black mustang really nice, cobra rims, flowmaster, everything! only 8500!! yeah really good. BUT its salvaged title. so yeah i dont know if i should get it. can yall help me out? .. he said it was only "fender, bumper, drivers side corner was damaged" but he bought new parts fixed it. but idk can yall help me out? should i buy it or not ?? thanks!!!
#4
ok well your taking the owners word for it. if its salvage title it was probably reported to carfax. what does carfax say about the reason for the salvage title?
salvage title cars are worth nothing for resale value. thats why its so cheap.
HOWEVER, that doesnt mean its a bad car either. there are a ton of cars that get "totalled" by insurance companies because they either mis-calculate repair costs, or assume things are way beyond repair when they really aren't. so it may not be a bad car, but i would 100% HAVE THE CAR INSPECTED HEAD TO TOE BY A SHOP before even considering buying it.
you also have to remember, that salvage title car will be worth almost nothing in a few years. its probably not even worth 8500 right now either (and i personally wouldnt buy it for 8500$), in a few years you'll be lucky to get a few grand for it.
salvage title cars are worth nothing for resale value. thats why its so cheap.
HOWEVER, that doesnt mean its a bad car either. there are a ton of cars that get "totalled" by insurance companies because they either mis-calculate repair costs, or assume things are way beyond repair when they really aren't. so it may not be a bad car, but i would 100% HAVE THE CAR INSPECTED HEAD TO TOE BY A SHOP before even considering buying it.
you also have to remember, that salvage title car will be worth almost nothing in a few years. its probably not even worth 8500 right now either (and i personally wouldnt buy it for 8500$), in a few years you'll be lucky to get a few grand for it.
#8
i do plan on keeping the car for a long time, cuz im berly 16 prolly going to keep it till i have a kid or something, a family ... but for now like i plan on keeping it yeah... and not relaly "racing it" but just going really fast all the time
#10
Aww man if you're 16 stay the hell away from it. The last thing you need is to finance this car only to end up with it being a money pit and not be able to sell the thing. For 8500 you can get a great car with a clean title. Even a Mustang.