View Single Post
Old 01-02-2013, 05:53 PM   #19
mac.mogul
Focus Fanatic
 
mac.mogul's Avatar
 
Join Date: Oct 2011
Fan#: 90409
Location: Wichita, KS
What I Drive: 2011 Sterling Grey SES Sedan

Posts: 2,378
FF Reputation: 10 mac.mogul Great Standing Member
Buy-Sell-Trade Rating: (0)
If you're able to, buying a salvaged car with flood damage can be a good investment.

I've seen people buy Shelby GT500's that were salvaged because of flood damage. The only thing wrong with them was the electronics. Replace that and you've got a 500+hp muscle car for a fraction of the cost. Do you run the risk of future problems? Yes of course, but buying a 50,000 dollar muscle car at an auction for less than $20k with $2k of repairs seems like a bargain, yeah? You won't be able to get full-coverage insurance, but you may be able to get collision coverage or at the very least liability so even that will be cheaper. You don't pay property tax on salvaged titles either.
__________________
2011 SES 5spd #006 >> SR #213

Join the cause! 3 Door Fords for America! facebook.com/3DRS4US

The internet is for finding an answer, not for finding ways to ask a question.
mac.mogul is offline  
 
  Reply With Quote