Quote:
Originally posted by mikemover
It can be a good thing financially, but having a salvage title still SERIOUSLY hurts the resale value of the car if you ever intend to do so. People will see "salvage title" and assume the worst, and will of course expect to buy your car at a much lower price.
Mike
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Mike makes a great point. I don't plan on selling my car, that's why a salvage title doesn't bother me.
At the same time however, let's say you're looking for a relatively rare specimen of a car, like a TD. and you see a very clean spotless one. yet it has a salvage title, you're still going to pay whatever the market demands for a car like that. yeah it's been in a wreck and that's a drawback - but as long as it was fixed well, and better than the other specimen's, i assume you'd get just as much despite the title (knowing how little the cars are worth at this point anyways - now if they were still $35,000 cars, then yea it would suffer even more i think).