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Would you buy a truck with a salvage title?
Posted on 3/13/17 at 9:13 pm
Posted on 3/13/17 at 9:13 pm
04 Tacoma for $6K. Extended cab with 132k miles.
It'll be a 2nd vehicle. Upgrading from a ranger.
It'll be a 2nd vehicle. Upgrading from a ranger.
Posted on 3/13/17 at 9:22 pm to GeauxTGRZ
(no message)
This post was edited on 4/21/17 at 12:44 am
Posted on 3/13/17 at 9:32 pm to GeauxTGRZ
Not a chance. It could have so much frame damage it's no longer safe in a subsequent crash. No way.
Posted on 3/13/17 at 9:40 pm to GeauxTGRZ
yes but run a history report to see why it's salvage. Generally you want to pay no more than 60% of the cost you would if it was a good title and 10k is likely what that truck is not salvage. Most likely it was a wreck that an insurance company has totaled out, but some second hand body shop bot at auction and repaired it. A lot of those guys do real good repairs. Main thing to be concerned with is a weak frame, which may have been re-welded or straightened already, or a flood car. Get under it and look at it real close.
Posted on 3/13/17 at 9:48 pm to GeauxTGRZ
No.
Possibly missing airbags or steering & braking components.
Possible structural issues already alluded to here.
Life is too valuable for a salvage truck.
Possibly missing airbags or steering & braking components.
Possible structural issues already alluded to here.
Life is too valuable for a salvage truck.
This post was edited on 3/13/17 at 9:49 pm
Posted on 3/13/17 at 9:54 pm to go ta hell ole miss
What dictates a salvage title?
Insurance company claimed it as totaled?
Insurance company claimed it as totaled?
Posted on 3/13/17 at 10:03 pm to stlslick
quote:
What dictates a salvage title?
Costs more than 75% of its value to repair it.
This post was edited on 3/13/17 at 10:13 pm
Posted on 3/13/17 at 10:10 pm to GeauxTGRZ
Drive it around the farm? Sure, why not. Out on the road? frick that, brother.
Posted on 3/13/17 at 10:14 pm to GeauxTGRZ
No. Salvage titles have frame damage 99% of the time, and frame damaged cars are unsafe in wrecks and have all sorts of drivetrain issues.
Posted on 3/13/17 at 10:15 pm to GeauxTGRZ
Salvage or reconstructed?
And no I wouldn't unless it was going to be a field/hunting truck.
And no I wouldn't unless it was going to be a field/hunting truck.
Posted on 3/13/17 at 10:20 pm to CaptainsWafer
I have seen some decent deals on total loss hail damaged vehicles with salvage titles. Don't have to worry about door dings or spending money on wax
Posted on 3/13/17 at 10:41 pm to GeauxTGRZ
I wouldn't. BUT we just sold a truck that was totaled by the insurance company and all that was done to it was the electronics and seats being stolen. So mechanically it was great, and we put brand new power/heated seats in and a stock stereo. Sold it for $15k where without a salvage title we could have easily gotten $22k or so.
Not all of them are bad, but most are
Not all of them are bad, but most are
Posted on 3/13/17 at 10:47 pm to GeauxTGRZ
Nope... I have no mechanical ability so if I run into problems I'm screwed.
Posted on 3/13/17 at 11:14 pm to GeauxTGRZ
Yes, but only after being checked out by an independent source. A good mechanic can help you. Worth spending $100 for an inspection.
Posted on 3/13/17 at 11:47 pm to carguymatt
quote:
yes but run a history report to see why it's salvage. Generally you want to pay no more than 60% of the cost you would if it was a good title and 10k is likely what that truck is not salvage. Most likely it was a wreck that an insurance company has totaled out, but some second hand body shop bot at auction and repaired it. A lot of those guys do real good repairs. Main thing to be concerned with is a weak frame, which may have been re-welded or straightened already, or a flood car. Get under it and look at it real close.
this ^^^^^^^^^^^^^^^^^^
one thing to know about second gen tacomas 96-04 is they have a bad history of frame rust through if it was from any northern states or mountains where roads get salted.
the main spots to check are at the rear front leaf spring brackets where they connect to the frame. its worth it to bring it into a Toyota dealership to have the frame checked for structural integrity or if it has been bent. a few hundred dollars isn't much to be sure its a good truck before you buy it.
its noy unusual to get a truck that was rolled over when someone was plying in the mud and they total it. when its bought back from insurance company its called a salvage title because they totaled the truck. guys they go replace the smashed up fenders and whatever and its a good truck again, just has a salvaged title. the key is to try and figure out "why" it was salvaged and what had to be done to fix it.
those are great trucks to own, just be sure what you are buying
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