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BonzoHansen 09-02-2016 01:24 PM

Quote:

Originally Posted by sweetbmxrider (Post 929141)
I was chatting with an adjuster and he does it on the side for fun. It really just kills residual value but its not that big of a deal to go through the salvage process so long as you cross your t's, dot your i's, and maintain records. No first hand experience though.

its that value thing that matters. especially when you go to sell it.

Featherburner 09-02-2016 02:50 PM

A salvage title is not a big deal. There are legal ways to make the salvage disappear.

V 09-02-2016 03:17 PM

My one bike was a new Hampshire salvage title. I went through the whole process in nj to get a clear title. Was pretty easy actually for me at least. To do it with a car to sell as original, not worth it. But if i buy a salvage car for 1/8 actual value, fix with another 1/8 value into it, as long as i could sell for half the normal value, i profit. But that's only people who fix and flip cars. For enthusiasts sometimes its just having a certain car and not caring what it'll sell for one day.

ted gerlach 09-03-2016 05:50 AM

if he has a clear title now and does not turn it over to insurance company it will still be a clean title just the an accident mark, just tell them no matter what your keeping car and going to have it fixed no mater what,

sweetbmxrider 09-03-2016 07:35 AM

Quote:

Originally Posted by BonzoHansen (Post 929144)
its that value thing that matters. especially when you go to sell it.

Yup but like what Paul and Ted said, you can make it work.

Frosty 09-03-2016 01:30 PM

Quote:

Originally Posted by BonzoHansen (Post 929144)
its that value thing that matters. especially when you go to sell it.

True but seeing Ed post as long as I have he'd never get the sentimental value for it anyway...so it's worth looking into especially if there wouldn't be any plans to sell it for a long time.

Tru2Chevy 09-11-2016 03:43 PM

Quote:

Originally Posted by ted gerlach (Post 929158)
if he has a clear title now and does not turn it over to insurance company it will still be a clean title just the an accident mark, just tell them no matter what your keeping car and going to have it fixed no mater what,

Yea, I don't think this will be an issue. Went through this with my Jeep when it was hit while parked. Was declared an obvious total loss with 1/4 panel damage on a 23 year old Jeep with 285k-ish miles, but it didn't drive any differently after the hit, and the buyback was under $400, so I bought it back and have kept on driving it, same insurance company & policy, no change to the title.

- Justin

Teds89IROC 09-13-2016 04:04 PM

Quote:

Originally Posted by ted gerlach (Post 929158)
if he has a clear title now and does not turn it over to insurance company it will still be a clean title just the an accident mark, just tell them no matter what your keeping car and going to have it fixed no mater what,

yup. Same story with my IROC.


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