First off, I doubt I have ever heard of a salvage title that was issued for "minor cosmetic damage". There's your first red flag. Second, 50% off price guide values is the general rule of thumb if you want to buy 'salvage'. That car is normally worth about $8,200 or so with a clean title. Anyone that wants to buy it should be in the neighborhood of $4,000. Be very careful about buying cars with 'salvage' titles. If it turns into a 'money pit' you are really in dire straits. Just try to sell it!
2001 Trans Am Convertible Red w/ taupe top (A4)
2007 Ford Mustang GT/CS Convertible White w/ black top (5 speed)
1974 AMC Matador X Red (3 speed auto)