Godlover Posted June 9, 2014 Share #1 Posted June 9, 2014 I have a guy who wants to trade me a pretty sweet 1980 Z28 for my Road Star but the Z has a prior-salvage title. I know how salvage titles effect the value of newer cars but does it make a difference on a 34 year old car? Here is the car: http://www.ebay.com/itm/Chevrolet-Camaro-Z28-Coupe-2-Door-1980-Chevrolet-Camaro-Z28-/251551764143?forcerrptr=true&hash=item3a91a74eaf&item=251551764143&pt=US_Cars_Trucks I plan to look at it tomorrow..... Link to comment Share on other sites More sharing options...
Money Venture Posted June 9, 2014 Share #2 Posted June 9, 2014 Only if you want to sell it as a collector car. Yes, actually it needs to be figured in to the price you pay. Link to comment Share on other sites More sharing options...
Money Venture Posted June 9, 2014 Share #3 Posted June 9, 2014 That looks like a flood car. How old is the title? Link to comment Share on other sites More sharing options...
Godlover Posted June 9, 2014 Author Share #4 Posted June 9, 2014 I guess I should have said it has a rebuilt title - which means that it was rebuilt. The guy bought it that way for $3000 and then had all the work done. He has more into it than what he is asking - which is the case most of the time ---- like me and my Road Star! It looks like a nice car - but will never be a quality show car. I am just looking for a nice driver..... Link to comment Share on other sites More sharing options...
Godlover Posted June 9, 2014 Author Share #5 Posted June 9, 2014 Well, after some research I decided against the trade. First of all - why wouldn't the guy include the fact that it was rebuilt in the Ebay posting? He told me he sold it twice already on Ebay and the buyers were deadbeats. So, I did a search of past auctions and found that it did sell for 7800 and 8000 but the sale didn't go through. Both people had 100% feedback so I assume when they discovered it was rebuilt the backed out. He wanted me to give him $750 too. I wouldn't sell my Road Star for less than 8500 and I would have to think it over at that price! Link to comment Share on other sites More sharing options...
bongobobny Posted June 9, 2014 Share #6 Posted June 9, 2014 Yes, walk away! My neighbor is selling a really nice 67 Mustang as he is moving. Not sure of the asking but I think he would take around 8K or so... Link to comment Share on other sites More sharing options...
djh3 Posted June 9, 2014 Share #7 Posted June 9, 2014 Seller has watched to much Barrett Jackson. Maybe if he had paperwork showing why it was on a rebuilt title I would consider it. But not being up front about it, no way. Maybe contact e-bay and let them know. Link to comment Share on other sites More sharing options...
rickardracing Posted June 9, 2014 Share #8 Posted June 9, 2014 Carfax the vin number. Link to comment Share on other sites More sharing options...
Neil86 Posted June 9, 2014 Share #9 Posted June 9, 2014 He added rebuilt title today to the ad. Link to comment Share on other sites More sharing options...
Monty Posted June 10, 2014 Share #10 Posted June 10, 2014 I think if you look it over real good & it is in as good of shape as he has in his description, it is well worth $8000. I say this as my son works in a custom auto restoration shop, & he is doing one right now. Those parts are very expensive, and the paint alone on this one will cost more than that. Link to comment Share on other sites More sharing options...
Godlover Posted June 10, 2014 Author Share #11 Posted June 10, 2014 Listing removed. Hope he sold it. He seemed like a decent guy. Link to comment Share on other sites More sharing options...
Monty Posted June 10, 2014 Share #12 Posted June 10, 2014 I can still see it. Link to comment Share on other sites More sharing options...
Monty Posted June 10, 2014 Share #13 Posted June 10, 2014 Sons' boss just looked at it. He said it would be worth about 20k, if it didn't have the rebuilt title. Says it was probably totaled, and that ruins the resale. Link to comment Share on other sites More sharing options...
crazygaucho Posted June 10, 2014 Share #14 Posted June 10, 2014 Long time ago I used to buy cars with salvage title form AAA insurance in Los Angeles ....... automobile Club of southern California (AAA) insurance would rather totaled the car and then auctioned it , than dealing with body shops inspectors etc etc, some cars had just small accidents and I wouldn't purchased anything that was hit in the front. I mainly bought and kept them for myself and they were great, but they were harder to sell than a rock .............. honestly if is not totally necessary I will stay away from it ! specially that you don't know the reason why it was salvaged, in my case I was able to see the damage "guesstimate" the repair. Link to comment Share on other sites More sharing options...
Godlover Posted June 10, 2014 Author Share #15 Posted June 10, 2014 As I was reading through the three other times he listed it on Ebay - two of the VIN numbers didn't match - that's what did it for me It still needed a bit of work on the front suspension, etc. I think it is a nice car and if it were what I really wanted I would have gone after it. The first two times it sold on Ebay it went for 7800 and 8000 - but one buyer didn't have finances and the other wanted to pay with Paypal. The Seller claims that both new the title was a rebuilt one. If he had disclosed early on that it was rebuilt I would have been more comfortable but he didn't until we were ready to meet. My Road Star has close to 5000 in chrome, etc - and KBB is 7620 - but we know you can't go by KBB. Anyway - he told me that my Roadie was only worth 7500 with all the accessories and at first wanted me to cough up $1500 difference. Then he went down to a $750 difference ---- after that he disclosed the title issue. If the title were clean - I would have given him the difference - but I walked away and am glad I did. An 80 Camaro isn't one of my favorite cars anyway!!! Link to comment Share on other sites More sharing options...
djh3 Posted June 10, 2014 Share #16 Posted June 10, 2014 Typically what I use a reference on used vehicles is a combo of KBB and NADA. Why there is such a spread of the two agencies I dont know. But I will take both and then average them out, and that seems to be pretty fair. Salvage titles kind of scar me. If you know going in you are never going to get retail and are OK with that its one thing. But you sure as heck dont want to pay retail for it either. To many variables on it. If it was a theft recovery and they stole the wheels and interior say thats one thing, but if it was drove into a lake well..... I have thought more than a few times about pickin gup a salvage title say Victory Vision or Cross Country. But most of the time they are "totaled" is because the plastics is all fubar, and we know how much it costs to replace that stuff even though nothing is really wrong with the bike itself. If I did buy one I would have to go in with the knowledge that I was going to drive it until it quit or I quit. Link to comment Share on other sites More sharing options...
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