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timing is everything (Read 286 times)
Dec 7th, 2017 at 8:17pm

ve77er   Offline
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Holland PA

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would anyone ever consider buying a Totaled by Insurance company flood damaged Corvette?? I went and looked at one the other day in Bristol PA it is listed on e-bay (auction ends Saturday) it's a 50th anniversary edition with a 6 speed manual and current bid is at 11,100 has not hit the seller's reserve yet but I can't imagine the reserve being much higher story is it was a Texas car (Hurricane Harvey) and the fresh water damage was below the seat cushions as I said, I looked the car over, and it definitely looks like it was extremely well cared for. but, like I said timing is everything and I have two teens just starting to drive one will graduate in June so college is looming, the other is 2 years behind so, I'm not in a position to fulfill my want--too many needs first so, I'm throwing this out there the car carries a PA reconstructed title which means it's been gone over and has passed the state requirements to legally register and insure the car so, if anyone out there is in the market for a low mileage 50th and willing to take a chance (let's face it, it's taking a chance) here's a good opportunity.
....................Chris  Smiley
 
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Reply #1 - Dec 8th, 2017 at 5:11am

yellowjacket   Offline
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40th anniversary ruby red 'vert for me only.
Next year hopefully  Cheesy
 

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Reply #2 - Dec 8th, 2017 at 10:16am

Artsvettes   Offline
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I would runaway on that deal and never look back. Too much of a risk with the amount of electronics in these cars.  I have bought a few salvaged wrecks to fix and sell but I never even considered a water damaged vehicle. A salvaged titled car will always carry the stigma when it comes time to sell it...jack
 

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Reply #3 - Dec 9th, 2017 at 4:52am

yellowjacket   Offline
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Artsvettes wrote on Dec 8th, 2017 at 10:16am:
I would runaway on that deal and never look back. Too much of a risk with the amount of electronics in these cars.  I have bought a few salvaged wrecks to fix and sell but I never even considered a water damaged vehicle. A salvaged titled car will always carry the stigma when it comes time to sell it...jack

I agree!
 

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Reply #4 - Dec 9th, 2017 at 6:31am

68-73-77   Offline
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Newark,Delaware

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Not sure if I agree, if the car was in water only up to the seat cushion it would not effect any electronics . If you could buy this car for around 12K you could part it out for more than that.  It's true a salvage title lowers the price considerably, but I've seen some pretty nice salvaged car over the years that are nice cars. If I had room I'd sure consider this car especially knowing who did the repairs. It's kinda a toss up , but I don't think you could loose money on this deal.
Alan Smiley
 
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Reply #5 - Dec 11th, 2017 at 7:50am

69Shark   Offline
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If you are buying as an investment I'd probably not go that direction and look elsewhere.

If you are buying for a car for you to enjoy, it might be a great way to get into a nice C5 assuming it was repaired properly.

My brother drove a "totaled" then fixed Ford Ranger for years! It was a great truck purchased for a song and a dance!

Wink

Have fun hunting for a new ride!

Scott
 
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Reply #6 - Dec 11th, 2017 at 10:30pm

ve77er   Offline
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Holland PA

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well, it sold for 12,500.00 and someone got a really nice car-- 21900 miles original owner (flood recovery Hurricane Harvey) the shop that did the repairs and got the car certified in PA as a "reconstructed" title are guys I wouldn't hesitate to purchase from-used them for years for parts and referred numerous people to them over the years (Contemporary Corvette is Bristol, PA) like I said, I personally went and checked this car out and was hoping we could swing it, but not just yet--maybe in the near future we'll see and Scott, this was not going to be an "Investment" just something to drive and enjoy and a 50th, C-5 is not a bad choice.
.....................Chris  Smiley
« Last Edit: Dec 12th, 2017 at 3:42am by ve77er »  
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