Potential Danger Zone!!!

"R Saldana [|Oo|======|oO|] - BTC/ETH/LTC Prophet" (r-saldana) 11/10/2014 at 11:55 • Filed to: None

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I found this on my local CL, and am so unreasonably tempted. What do you Oppos think when you see or hear rebuilt titled cars? Because this has the potential to solve all of my unreasonable car wants or to break my bank even more than my Land Rover. Just look at that interior. It beckons to have you inside it... (Uh oh, paging the Wert...)

!!! UNKNOWN CONTENT TYPE !!!

bob and john > R Saldana [|Oo|======|oO|] - BTC/ETH/LTC Prophet 11/10/2014 at 11:57

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pretend the cat is your wallet.


BUT WORTH IT

R Saldana [|Oo|======|oO|] - BTC/ETH/LTC Prophet > bob and john 11/10/2014 at 12:01

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poor cat, What do you think worse than a Land Rover?

RamblinRover Luxury-Yacht > R Saldana [|Oo|======|oO|] - BTC/ETH/LTC Prophet 11/10/2014 at 12:01

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DANGER, WILL ROBINSON, DANGER! GERMAN ELECTRONICS!

bob and john > R Saldana [|Oo|======|oO|] - BTC/ETH/LTC Prophet 11/10/2014 at 12:06

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yea. the land rovers break, but the guy driving are a resoursfull bunch, and repairs can be cheap

not so much on an M5. dont looked up what a VANOS service is for that motor.

R Saldana [|Oo|======|oO|] - BTC/ETH/LTC Prophet > RamblinRover Luxury-Yacht 11/10/2014 at 12:18

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Lol, to the max. Clowning on german electronics when we are both Land Rover people.

Montalvo > R Saldana [|Oo|======|oO|] - BTC/ETH/LTC Prophet 11/10/2014 at 12:22

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VANOS...

However if the car is solid then go for it. Just expect that when something big goes the service bill can hit hard. It is the same for any other high performance V8-V10 German luxury car. The only concern I ever had with those years was about the VANOS system because they were still working the kinks out. By the E60 the engine was fairly bulletproof.

RamblinRover Luxury-Yacht > R Saldana [|Oo|======|oO|] - BTC/ETH/LTC Prophet 11/10/2014 at 12:23

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At least *electrics*, not electronics, don't usually cost multiple hundreds of dollars a piece. This means that they can be fixed (for a given value of fixed) with sufficient amounts of fuming, spite, wire, and bullet connectors.

R Saldana [|Oo|======|oO|] - BTC/ETH/LTC Prophet > Montalvo 11/10/2014 at 12:31

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I wonder if it is as bad as snapping a front driveshaft-cracking the transmission bellhousing-generally destroying the t-case in a DII. Total bill was like 5k, for new replacement parts and replacement.

R Saldana [|Oo|======|oO|] - BTC/ETH/LTC Prophet > Montalvo 11/10/2014 at 12:31

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BTW I love that gif. That is my life in a nutshell.

R Saldana [|Oo|======|oO|] - BTC/ETH/LTC Prophet > RamblinRover Luxury-Yacht 11/10/2014 at 12:33

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Haha, all things considered I have had few electric issues with the rover, but I have had shitloads of mechanical bits and bobs go. I just wish I could afford to do a full rebuild, replace everything that has an expiration, replace all aging plastics, and fully rework engine and upgrade it to more modern abilities. (RR Supercharged motor in a D2??? Nah, bro diesel TD5 plus manual swap)

deekster_caddy > R Saldana [|Oo|======|oO|] - BTC/ETH/LTC Prophet 11/10/2014 at 12:55

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Going through this question right now - my brother crashed his car into somebody last week and we are torn about whether or not to fix it. At this point I think we are going to fix it, because even though it will have a "salvage title", it's still going to be better than anything we are finding on the used market in the same range. Here's the full scoop (maybe I should make an entire post about it).

2004 Pontiac Grand Prix. Bought it recently, cheap, put a little money into it for all brakes, some exhaust bits, replaced upper gaskets on engine, swapped stereo etc. It really runs like a top and the interior is in great shape. High miles, 180K+ on the odometer, very minimal rust. Nice reliable commuter ready to go the long haul. Bro lost his job about a month ago and currently has no income, but looking hard for a job.

Bro distracts himself somehow (another topic for another day, there's really no story here), brakes late and rearends somebody at a light. Front bumper just slides under the other car's bumper so the hood, radiator, headlights, fenders are toast but structurally it's still pretty sound. No airbag deployment, no injuries. No glass broken etc.

Insurance company says it will be totaled. We are thinking to let them total it, contest the amount (since we really can't find an equivalent car for the amount they have offered), take their money and buy it back and put in the additional $1000 or so it will take to finish the repairs. Repairs estimated a bit over $3000 by local bodyshops, after buyback will have about $2700 from insurance company. Equivalent replacement cars won't have new brakes, all the money we just sunk into fluid changes, tires etc. If the insurance company makes it go away they won't give us the chance to take all the new parts back off it.

This way we get to keep all the new parts and labor we just put into the rest of the car, and it's overall a sound car. So we are going to have it fixed, get a salvage title and keep it. Pics look bad, but once you get into it, it's really not that bad.

If we were to sell it, it would be worth a lot less to someone else because "salvage title ooooh scary!" But we are getting it fixed right, and making a good car out of it for the long haul. We aren't in this for the quick flip or resale value.

So that's something you need to watch out for with a salvage title - why is it titled this way? What is in it's history and was it fixed properly?

edit - actually read the CL ad and it sounds like it was fixed right, so other than it being an older BMW, I wouldn't be concerned about the bodywork aspect.

R Saldana [|Oo|======|oO|] - BTC/ETH/LTC Prophet > deekster_caddy 11/10/2014 at 13:08

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You and your brother are being smart fellas about this. Any purchase of a vehicle in the current economic downturn (hell, at any point in history) is a money loser. People need to stop this mentality of "starter-home" "fixer-upper" and flipper, no one has money right now, the only people who "do" are either spending on credit or are wealthy enough to buy whatever they want with cash, which is the smartest thing to do. Used car prices and prices of good in general in the coming years are going to stagnate the same way wages have. And those who have run up ridiculous amounts of debt are going to suffer under either poverty brought upon by owing anyone and everyone or under bankruptcy. Eventually, sellers are going to stop over valuing their goods, it won't be today, or tomorrow, but an economic revolution is coming and the people who will benefit most are those who chose to save, restore, and rebuild.

deekster_caddy > R Saldana [|Oo|======|oO|] - BTC/ETH/LTC Prophet 11/10/2014 at 13:22

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Thanks. Yeah, we just can't see getting another car for nearly the price that's not going to need at least the same amount of work that we just put into this one. Starting over from scratch will suck, even with the $3200 the insurance company will pay out. The car in it's excellent condition would really cost more like $6000 to replace, and even then we inherit a bunch of unknowns...