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How much does a salvage toyota matrix xrs 2006 model with 45 k mileage worth ?

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Old 26 Oct 2010, 01:09 am   #1 (permalink)
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Default How much does a salvage toyota matrix xrs 2006 model with 45 k mileage worth ?
I just saw this car which was so nice.I saw the pictures of the car before it is fixed and the accident was at the back.The seller got it from the auction.The car look really nice .The seller is a dealer who said that he owns the body shop.His asking price was 8499.I like the car.He said he will go down 8000 including tax and all fees.The thing I like about the car was the engine is good since the damage was at the back.































1.Should I pay that money for the car.















2.What is the risk of buying a car that was damaged at the back ?















3.What kind of a problem will the car have if it got hit at the back?















4.How much should I offer?















6.What is my risk in buying a salvage car?































Tks all















9 minutes ago - 4
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Old 26 Oct 2010, 01:24 am   #2 (permalink)
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1. No.















2. Many risks.















3. You name it.















4. 0 dollars.















5. Where'd five go?















6. I would never recommend buying a salvage vehicle. Some insurance companies won't even offer comprehensive coverage on a salvage vehicle. Cars these days are unibody - meaning, the body and frame are one. A collision can easily bend the structure of the car. That's one reason why cars are so often 'totaled' these days. Keep your $8k and get something with a clear title.
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Old 26 Oct 2010, 01:39 am   #3 (permalink)
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1. No.















2. Frame damage=potentially won't drive straight/hold an alignment.















3. Could be damage to some fuel delivery components either through direct impact or vibrations...also the rear axle and suspension might also have damage or structural integrity problems.















4. It's worth 3-4k. FMV with that title. (50% of pp blue book fair)















5. You lose the ability to resell the car for anywhere near you pay for it if you pay what he wants. Plus can't sell it in certain states.
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Old 26 Oct 2010, 01:54 am   #4 (permalink)
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Some states require repair records and inspection of salvaged vehicles. Failed inspect = no registration.
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