UZ_

Put the pitchforks down I know you animals came here to say NO WAY. let me explain

It's an 08' Nismo salvage with, supposedly, just front end damage. A good buddy of mine owns an Autobody shop so he can let me know about any red flags before I buy the car. I want this car to fix as a project, have some fun in, and then flip. Quick question to all of you, if you would buy a salvaged nismo, how much would you pay for a 08' rebuilt title nismo black with 70k miles on it? Also, assume the car looked great with no signs of a wreck, aka it has been fixed up.

Just trying to figure out an actual value so I can make a real offer without low balling before going out to see it.

HRMoneyPit

100% no


But if I got my HR for 15.5 and Nismo go for 20kish


I wouldn't imagine getting even 15k for a Salvage

nizmo_0385

iTrader: (5)

Id say you can get 11-13k.
70k isnt exactly low mileage.
If it were lower say like 30-40 maybe you can get 14.
I dont think its a good flip unless you get it for 5k and put less than oem parts.

dboyzalter

iTrader: (3)

I would say around 10k and the buyer would still be losing a little sleep at night.

I would rather have a base model with a clean title.

jhc

Sounds like you're trying to rationalize a risky purchase. I'd say it would be fun if you're willing to take a hit on the flip.

travlee

iTrader: (8)

and most insurance companies will not insure a salvage title, if they do it will only be liability

turboed350z

I wouldnt buy salvage regardless

HRMoneyPit

Wrong again Trav. My dad has full coverage on his Salvage Titan

turboed350z

Bet hes paying more than the cars payment lol.

Statefarm will insure salvage car that they didnt salvage. If your dad got full coverage, his premium is higher than the car payment, which is just stupid to begin with.

bith8791

No.

verdict.

Pass... keep looking.

dboyzalter

iTrader: (3)

Travlee is never wrong

dcains

iTrader: (15)

This Nismo's been for sale forever (really, at least a year, or more):

http://www.turbotoysautosales.com/20...8/Details.aspx

UZ_

I am indeed. I think you make a good point, one like gambling. Only gamble with the money you are willing to lose. At this point in my life, I don't have the money to just throw out. My dream of a nismo will have to wait until I'm out of school.

UZ_

Forget it then. No one wants a salvage there's no market worth penetrating.

MicVelo

This is rational thinking. The Nismo isn't THAT much better than a nice "other trim" Z. It is a special car for sure but not worth risking your "investment" only to take a big hit and have just as much trouble selling it.

Only salvage title car I'd ever even consider is one that has been gone over thoroughly to ensure no frame damage (like a non-accident total, e.g., theft recovery) TO BE CONVERTED to a track only car. Even then.... ehhhhhh.

Mic

HRMoneyPit

Yeah my dad's truck insurance is no more then it ever was with Snyder other cars. You guys are wrong here and I'm speaking from real experience. And we have 21st Century


And no car payment on his truck he bought cash. So that post was not valid here either

turboed350z

Umm does the insurance agent KNOW its a salvage car? Have you guys ask whether its higher because it was salvaged?

travlee

iTrader: (8)

i said most, didnt say every. my buddy wrecked his titan and insurance totalled it, bought it back from the insurance company, fixed it and he couldnt get full coverage on it. it prob depends on the state and the company

HRMoneyPit

Yeah Trav might have to be the agent too depending how they feel lol

And yes they know it is. And the pink also says salvage. Believe me I was confused when my dad told me he got full coverage too


Maybe its cause it's newer? (2010) maybe different rules