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Selecting and Buying My First Car

764 messages, Last post on Aug 17, 2009 at 12:29 PM
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I found this ad in today's paper, should I snap it up? HYUNDAI '03 Elentra GLS, AT, 13K, Hurry, Must sell $6150/obo. |
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Replying to: latham (Feb 15, 2005 8:27 am) |
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Replying to: latham (Feb 15, 2005 8:27 am) While the ad sounds good, it is imperative that you have this car inspected by an independent mechanic BEFORE buying. That almost sounds like too good a deal... |
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Replying to: jlawrence01 (Feb 15, 2005 12:31 pm) Can anyone give me any info on what exactly is a salvage car? Does this look fishy? Should I stay away? Does it still sound like a good deal?
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Replying to: latham (Feb 15, 2005 4:33 pm) Salvage cars have been totaled by an insurance company as being too costly to repair. Usually they have been in major accidents. Although there can be exceptions such as flood damaged cars, fire damagaed cars, and a (very few) stolen cars that have been written off by the insurer and then recovered. These cars may be repaired as cheaply as posible and sold to the unsuspecting (ie you). These cars can be very very unsafe in an accident and also can have numerous nagging mechanical issues. Your resale value that you eventually get will have to be reduced alot just to get anyone to take a look. Skip this car and find something else. This car is no bargain. |
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Replying to: latham (Feb 15, 2005 4:33 pm) They are NOT a bargain. Run away from it! |
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Replying to: accordv603 (Feb 14, 2005 6:11 pm) I once had a friend who had a 6 month old Taurus with 20,000 miles which sold for $13,500... Words of Advice: If you get a Taurus, try and splurge for the higher priced Duratec 3.0L 200 horsepower engine. |
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Replying to: latham (Feb 15, 2005 4:33 pm) EVEN if you have it thoroughly checked over and determine its never been in an accident, that salvage title never goes away. So try explaining it when you want to sell or trade it. Not to mention, I believe such a thing would void the warranty completely. |
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I agree, run, don't walk, away from that car. I doubt the frame is truly straight. Or can you imagine the mold coming in a few months after you buy a flooded one? -juice |
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| I'll say what everybody else says: Avoid the car. It'll be worth $0 when you try and trade it in, not to mention there could be some crucial structural problems involved. If your budget is tight, you might try an older car. Maybe an older Elantra or Sonata. Or possibly a Chevrolet Classic. Do whatever you can to avoid any cars with salvage titles. It'll be impossible to explain to the next potential buyer when its time to sell. | |
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