Last post on Nov 09, 2013 at 4:12 PM
You are in the Ford Expedition
What is this discussion about?
Ford Expedition, SUV
#373 of 1710 Need opinions
Jun 07, 2001 (6:28 am)
I currently own a 1995 Toyota 4Runner. Its been a good vehicle but its not big enough anymore (baby on the way).
There is a local car salesman who purchases wrecked vehicles (salvage titles) and fixes them up. Many people I have talked to have purchased numerous vehicles from him and swear by his work.
The guy is upfront and honest and even has pictures of the vehicles prior to being fixed. I realize I will have trouble on resell but his prices are very good.
He has a 1999 Ford Expedition Eddie Bauer 4WD White with all the bells and whistles that comes with it. He is asking $19,900 and was told he would come off $500 but that its.
What do you think? Should I go for it?
Thanks in advance.
#374 of 1710 Add to post #360
Jun 07, 2001 (8:47 am)
Sorry it has 39,000 miles on it.
#375 of 1710 Warranty advice.
Jun 07, 2001 (11:04 am)
If your message was in reply to me (message #358), I still have the ability to obtain a warranty even though the vehicle has 39,000 miles. The dealer from whom I purchased the vehicle offered a warranty despite the fact that the factory warranty expired. I got a price over the internet for the warranty which was substantially lower. Any issues with using internet warranties?
Jun 07, 2001 (1:15 pm)
I would never personally buy a salvage vehicle. Sure it looks great, but how will you ever know about the ability of the vehicle to perform in another crash? 48 hours or one of those shows did a piece on slavage cars, and how shoddily the chassis and frame repairs are. It focused on one family that was suing becuase their teenage son was killed because the integrity of the crumple zones on his salvaged car was compromised in the first accident, and never repaired. There is a reason there are salvage titles - it is the reasonable persons way of saying this car cannot be economically fixed properly. I think it is a foolish gamble with little upside.
#377 of 1710 cappy and alwaysford
Jun 08, 2001 (6:10 am)
Sorry cappy but I wasn't commenting on your situation. However I would check with the place that your most likely to have the vehicle serviced and see if they accept the warranty and if they have any comments. If you would rather use their warranty you might try and bring in the Internet quote and see how close they can get to it. Just an thought.
alwaysford, thanks for you opinion. I never thought about the vehicle in a second crash situation.
My biggest concern was resell value and how hard it would be to get rid of. As many times as I trade vehicles it might not be worth it.
#378 of 1710 Salvage vehicle
Jun 08, 2001 (7:05 am)
With the glut of off-lease Expys on the market, why consider a salvage? Check Auto Trader or some other on-line service, or start with your local paper. My mother in-law has a salvaged Suburban and, while she got a "good" price, she has to deal with rattles, leaks, and other things way beyond what she would have if had she purchased a used but un-wrecked vehicle.
As for resale, I suspect that you won't have an easy time of it when someone sees that the title is marked "salvaged". Also, are you planning on trying to finance? I'd check with your bank loan officer first to see what they would be willing to loan you for this vehicle. If your paying cash, there are lots of motivated sellers out there.
Lastly, go to the NADA or Kelly Blue book sites and run the vehicle through their appraisal programs. Note what they knock off for salvage vehicles.
#379 of 1710 Salvage and resale
Jun 08, 2001 (9:14 am)
After the vehicle is repaired it is usually retitled. Salvage does not appear on the new title. Some states have laws against this, and the salvage moniker will stay with it, but they are the exceptions. I only know that through the 48 hours report on the subject - it is one of those gray areas that the people who deal in this type of business know where it is easiest to get cars retitled and have the salvage disssappear.
#380 of 1710 Salvage Titles
Jun 08, 2001 (10:22 am)
Within the last year or so, Colorado passed a law forbidding the re-titling of salvaged vehicles. Not surprisingly, a lot of ads for badly wrecked vehicles diaappeared shortly thereafter from the "used car picture books" available at 7-11.
jmincher: If I were you, I would run, don't walk, away from this potential junk pile that you could wind up stuck with. This is surely one case where a low price DOES NOT equal a good deal.
Jun 08, 2001 (12:35 pm)
SST, we have two banks in town that will loan full loan value on any of this guy's vehicle. He has an immaculate reputation and is upfront and honest about everything.
He will provide a before and after picture if you want and will show a person how much he put into it.
I did check around on some other used Expedition's and his price isn't that great. Good but not great.
alwaysford, here in Oklahoma the salvage title is actually orange in background color. A non-salvage title is green. I know a person can get a new title with a little work but I wouldn't dream of doing it.
I think the guy does do good quality work but I think you have convinced me to look elsewhere. If I am willing to drop $20K on a vehicle I might as well spend $5K more and get one with a better history.
Thanks for comments and advice.
Jun 08, 2001 (8:44 pm)
years ago I bought an Acura that had a salvage title......it was 1yr old Integra that according to the seller took a minor hit that the owner refused anything less than a total on. (Probably true but probably wise on his part) I paid 10k for it (should have been 14k)....while it was a perfectly ok car, I had fairly consistent mechanical problems that resulted from the orginal damage 'til the day I sold it. Considering the money I spent along the way repairing things that were a result of the orginal wreck, the 30% under wholesale I got when I sold it, I doubt I saved a dime buying a salvage vehicle. You have to save a heck of a lot of money to come out ahead on salvage vehicle.