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1998 formula ws6 - salvage

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Old Feb 15, 2010 | 01:55 AM
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Default 1998 formula ws6 - salvage

found this local car. 98 ws6 formula with 29k on the clock. only thing is it has a salvage title. its at a dealer, they said it did not have any damage done and was a theft recovery and is in the shop getting new motor mounts.

any idea what to offer cash?
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Old Feb 16, 2010 | 04:16 PM
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How about ZERO cash... That may be all it is worth if you don't do serious homework on the car. Despite incredibly low miles that car could be the biggest 'money pit' you ever had the displeasure of owning. Then try to sell a a 12 year old salvage title car. YIKES!!! On the other hand, IF the car is professionally inspected and you get the 'green light' on it, I still would never pay more than $5,000 for it. Remember that you will have to sell it one day with that salvage title and it will be bottom dollar. Be careful and good luck.
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