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09-02-2016, 01:24 PM
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#26
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Admin.
Join Date: Aug 2005
Location: Hamilton, NJ
Posts: 20,165
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Quote:
Originally Posted by sweetbmxrider
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.
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its that value thing that matters. especially when you go to sell it.
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Vent Windows Forever!
The looser the waistband, the deeper the quicksand. Or so I have read.
Feather-light suspension, Konis just couldn't hold. I'm so glad I took a look inside your showroom doors.
Hey everybody, it's good to have you on the Baba-too-da-ba-too-ba-ba-buh-doo-ga-ga-bop-a-dop
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09-02-2016, 02:50 PM
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#27
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Join Date: Jun 2007
Location: Arm pit of the world... NJ
Posts: 2,677
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A salvage title is not a big deal. There are legal ways to make the salvage disappear.
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John
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09-02-2016, 03:17 PM
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#28
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Stalker
Join Date: Aug 2004
Posts: 12,082
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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.
Last edited by V; 09-02-2016 at 03:18 PM.
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09-03-2016, 05:50 AM
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#29
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Join Date: Dec 2005
Location: Toms River, NJ
Posts: 350
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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,
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09-03-2016, 07:35 AM
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#30
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Meet Coordinator
Join Date: Jan 2008
Location: brick/pt. pleasant beach
Posts: 19,368
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Quote:
Originally Posted by BonzoHansen
its that value thing that matters. especially when you go to sell it.
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Yup but like what Paul and Ted said, you can make it work.
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09-03-2016, 01:30 PM
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#31
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Join Date: Dec 2005
Location: Mays Landing, NJ
Posts: 7,108
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Quote:
Originally Posted by BonzoHansen
its that value thing that matters. especially when you go to sell it.
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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.
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2018 Camaro 2SS Redline package, ESC Novi 1500 tuned by EFX, Might Mouse wild catch can, GM STB, smoked ZL1 3rd brake light, Xpel XR Black 35% tint all around, Street Scene front splitter, C7 Carbon ZL1 side skirts, Drake Muscle Car Wickerbill spoiler
2010 Infiniti G37x-Moonlight White w/Graphite interior. Stock...for now. Xpel XR Black tint(hey it's a mod lol)
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09-11-2016, 03:43 PM
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#32
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Co-Founder / Site Admin
Join Date: Jul 2004
Location: Ewing, NJ
Posts: 22,476
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Quote:
Originally Posted by ted gerlach
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,
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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
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1999 Camry - Beigemobile DD
2002 Suburban - Wife's DD
2004 Grand Cherokee - Not running / Project / Selling?
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09-13-2016, 04:04 PM
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#33
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Join Date: Sep 2004
Location: Haledon, NJ
Posts: 5,162
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Quote:
Originally Posted by ted gerlach
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,
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yup. Same story with my IROC.
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1989 IROC-Z 355 LT1 T56 Swapped
2016 Chevy Colorado LT 3.6 v6
2008 Jeep Grand Cherokee Laredo 4.7L RIP 12/29/2016
1998 Honda CBR 600F3
2003 Yamaha FX140
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