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ZO6 with a slavage title-thoughts

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Old 03-07-2009, 03:33 PM
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Default ZO6 with a slavage title-thoughts

I have a great deal on a 08 Z w/5500 miles. It was in a flod and has a slavaged title. I have won the bid just waiting on my carfax results.
What are you alls thought on this.
Old 03-07-2009, 03:34 PM
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How much damage, and how much did you bid to get the winning bid??
Old 03-07-2009, 03:37 PM
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No damage that a car wash didnt fix. I have over 50 pics and there is nothing wrong with car. The guy garanttees me there is 0 damage. It just has no warrante and a salvage title. I am getting it for 45% of MSRP.
Old 03-07-2009, 03:40 PM
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So the car runs, and you have driven it ??
Old 03-07-2009, 03:42 PM
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No it is out of state but I only pay $1000 now and the rest when we drive it. My wife wants to fly out and pick it up. But yes the guys says the owner was driving it. Says it is absolutely like new.
Old 03-07-2009, 03:42 PM
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The car is on Ebay. I am paying far less than the asked price!
Old 03-07-2009, 03:49 PM
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I don't know man. I saw some very nice BMW's that a friend bought from the Katrina carnage. He was able to make 2 good ones out the 3 he bought. All kinds of mysterious things wrong once he started tearing into them.
Old 03-07-2009, 03:54 PM
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Originally Posted by David Gordon
No it is out of state but I only pay $1000 now and the rest when we drive it. My wife wants to fly out and pick it up. But yes the guys says the owner was driving it. Says it is absolutely like new.
Let me ask you this, would you expect him to say well there is an occasional this or that ?? Of course not he's trying to sell the car for as much as possible, and the fact that theres no warranty, means you have no recourse when something happens after you drive away. Just go into this with your eyes open, don't go blindly.

I bought a truck when I was 16 because it looked sweet, little did I know that it had some serious problems that didn't show up until I did an oil change. He must've filled her up with slick 50 to hide the knock the motor had. I was bummed out and had no money to fix it. Sometimes you learn the hard way.

I do hope the car is everything the seller says it is, and that you are happy with it. Good luck
Old 03-07-2009, 03:55 PM
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I just noticed something, 1000 up front and after you drive it you are obligated to buy, or can you get your 1000 back if you don't like it ?? Just curious.
Old 03-07-2009, 04:05 PM
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I doubt I will get the money back but I didnt ask him. Look at the car it is on E-bay, if you dont mind.
Old 03-07-2009, 04:10 PM
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run as fast as you can... hell, loosing a $1,000 will be a small price to pay compared to all the issues your likely to run into.
Old 03-07-2009, 04:15 PM
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Don't do it to yourself, I'm a car dealer and everytime I've had to deal with a salvage car its nothing but a headache. Sometimes it doesn't happen right away but it always happens. Keep in mind a car is considered salvage by the insurance company when the repair to the car is more than 80% of its wholsale value.
Old 03-07-2009, 04:18 PM
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another thing is the car salvage or rebuilt? in CT and i know a few other states, all salvage means is that the car was totalled and still needs to be state inspected to get a rebuilt title. also, when you go to sell, good luck but your going to be lucky to get half of what the car should be worth.
Old 03-07-2009, 04:26 PM
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I have read all there is on the car and the seller and can find nothing wrong. The seller has lots of transactions on e-bay all good.
The car was in a very light flood. they charged the battery because it had set out a few weeks and drove it to their dealership. There it was washed and the picture look like it is a new car. It has not been in a wreck just a light flood.
Old 03-07-2009, 04:30 PM
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Good luck, and let us know how it all goes.
Old 03-07-2009, 04:32 PM
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John what are your thoughts on this?
Old 03-07-2009, 04:34 PM
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hope it works out for you, just wanted to give you a heads up
Old 03-07-2009, 04:36 PM
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If I were buying it, and the car drove okay and looked good... The very first time I had an electrical problem I think I'd replace the entire wiring harness.

My aunt's Mercedes got flooded but they dried it and it was okay, I was surprised. I guess I'd just worry about the wiring inside the car, the engine stuff has the weather proof connectors.
Old 03-07-2009, 06:15 PM
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Originally Posted by David Gordon
I have read all there is on the car and the seller and can find nothing wrong. The seller has lots of transactions on e-bay all good.
The car was in a very light flood. they charged the battery because it had set out a few weeks and drove it to their dealership. There it was washed and the picture look like it is a new car. It has not been in a wreck just a light flood.

Just FYI....

No lenders I have been in contact with will loan on a "Salvage" or "Rebuilt" title..

In January I passed on a CLEAN TITLE
2007 5000 mi. Black Z-o6 WITH zero issues for $37000.
I was willing to go $35k.
THESE CARS ARE SOFT!!!!!
I'll find one.... I'm either going to buy a Z or a G8--- whichever I can find a better deal on...

Remember this.... the scar will ALWAYS be with the car, the potential buyer will have difficulties securing funds through an institution, will be a bottom feeder lookin' to rip it, potential gremlins and, lastly, collectability on this particular car will ALWAYS BE ZERO.

Like buying a Honda.... spend a little more up front and get it back when you re-sell it. (You get peace of mind while owning it that it a good car)

GOOD LUCK!

Last edited by nickate; 03-07-2009 at 07:30 PM.
Old 03-07-2009, 07:08 PM
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45% off MSRP s like what 35-40k
dont do it

better deals out there



2007 Chevrolet Corvette Z06 $34,000
ATLANTA , GA 30309
2007 CORVETTE Z06 RON FELLOWS EDITION ONLY 399 OF THESE MADE THIS IS #216. 92 MILES, GARAGE KEPT, PLASTIC STILL ON THE SEATS. Fully loaded with all options including Navigation, Bose Audio, heads up display, 6 speed transmission, xenon lamps, 505HP 7.0L.


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