Thread: salvage title
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  #15  
Old 05-29-2012, 04:40 PM
Air&Road Air&Road is offline
Posting since Jan 2000
 
Join Date: Sep 2011
Posts: 7,328
Tom,

To share again what my Dad seemed to have learned; if you can find someone who needs a truck, it's in good shape and the buyer is paying cash, then you could sell it below normal market value. The buyer would get a good deal, again if everything was put back right again.

If the book says $7,200 for a truck with good title, I think $4,000 puts you in the ballpark. This gives you enough margin to take extra time to sell it, find a buyer that realizes the situation and understands how this might be a bargain, and still leave you a little room to make a few bucks for messing with it.

Again, best of luck with it and keep us posted.
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