atuzai

Found a Max GLE 2k, 10k mi fully loaded , ask only $18900. Called the owner, he is the sencond owner and he said he bought the car just for selling to make money. Fully loaded 2k GLE for $18900, still can make money. Sounds too good to be. How can I make sure the car not a stolen one or has some serious problem?
Helps needed, any thoughts ? Thanks!

breaux124

iTrader: (1)

Get the VIN and then get a carfax report. Maybe it was a salvage or a flood car. Don't think someone would have the stupidity to sell a stolen car to a main stream person

sinewave

Could be a wreck that he picked up at auction and repaired. Spend a hundred bucks and have it thoroughly inspected.

atuzai

If it is a wreck and I take the car. Does the warrenty will cover the future repair? Just thinking if the dealer can not find the problem now, but later it will have problem what the warrenty will do.

ajaffee

It all depends what the warranty covers. If it covers the broken part, and the warranty has not yet expired, they should repair it under warranty.

sinewave

A few years ago, my uncle bought an Aerostar van from another relative that makes a living by buying wrecked cars at auction and repairing them. He brought it in to the dealer with 15K miles for warranty work. They refused to fix it under warranty because the repair was so crappy. There were some parts that were put back together with super glue! Needless to say, they make for interesting family reunions!

atuzai

just come back from test drive. the owner is an owner of body shop. he bought this car from a insurance company in Texa. He seems very honestly. he told me the car was flip up in an accident, but no damage inside. he repainted it with black color over the orginal silver one. And he change 3 doors.

when I asked him is the car still under warranty. he said no. when buy from insurance company it will not be covered by warranty anymore, is that correct?

We drive to Carmax to have the car appraised. the conclusion is "
evidence of paintwork, possible frame damage.

Then I checked Carfax.com, it showed "JUNK TITLE ISSUED".

The carmax appraised value is $17500, the owner can low the price down to $18500. it feel good when drive it. and the owner seems honest guy.

in this case should I take the car? he said the car did not demage any inside when he bought it. Can I trust him? or is it worth to buy a such car at such a price?

Here is the VIN: JN1CA31A0YT206046


any suggestion? should I take it?

JDwyer2821

Get it check out by a mechanic if you are going to buy.

sinewave

My advice, get away from this car and don't look back! DO NOT BUY A CAR WITH A SALVAGE TITLE! There are plenty of Maxima's out there that have not been wrecked.

atuzai

thanks all, finally I give it up. thinking I will wait the new Altima coming out. it said new Altima will grow as big as Max.

CoOlKidS1979

I hate to tell you but if you think youre gonna get deal here you really arent. These things are always to good to be true, for 18500 dont take the risk.

max1ma97se

iTrader: (1)

18,500 for a salvage holy **** thats alot of money. umm word of advice your car havin a savage title dramitically reduces price of the car 30-50%! i am a 100% satisfied owner of a salvage maxima. theres is nothing wrong depending on what kind of accident it has been in and how good they fix it. my fully loaded 97 se cost 4900 at the auction and another 7k to fix was hit on the driver front side i ended up paying 12k (he made a nice profit) and i might be buying another max from them. have the car checked out 18.5 sounds really high though that guy be makin hella money off of u. hope this bit of info helps ned any more email me, if i dont know the answer my friends will, so feel free to ask ?'s

Black97GLEnj

iTrader: (2)

Even if you bought it, Wrecked titles kill your resale value in the future. I personally wouldn't touch it... Your better off checking out repo auctions.. thats how i got my max

Kashoggio

iTrader: (11)

rolled over? yeah there is going to be frame damage. If he had to replace the 3 doors you can imagine what the roof looked like. That repo idea sounds good, wonder how much you could get a max from there.

cwally

I go to insurance car auctions. Many of these cars are actually in easy repairable condidtion. In 98 I bought a 96 VW with 14,000 miles for $2,300 (theft recovered). Cost $2,500 for interior (airbags and all). Sold it at $9,000 with 50,000 miles. The warranty only covers the emissions for salvage cars. Nothing else.

Salvage title = any car that the insurance has paid out on. Damage or no damage. I used to work for Geico.

Salvage cars I bought in 2000
1998 Ford Explorer Sport $6,000 +2,000 for repairs

in 1998
1996 VW Golf $2,300 + $2,500 interior
1996 VW Jetta GLS $6,500 repaired
1997 Nissan Maxima GLE $6,000 + $1,300 interior
and others...

atuzai

what is repo auctions? where I can get information for that? thanks

Kashoggio

iTrader: (11)

yes but some places sell cars that are slightly banged up but also have a clear title, you might want to look in to that

Black97GLEnj

iTrader: (2)

Repo=repossessed (people who don't make their car payments loose their cars) I actually got my max from the gas station I worked at in the summer... Once in a while they would store cars that were going up for auction. I bought the max before it went to auction for $7500. I put about $1500 into it for a new rear bumbper and a fresh paint job. They advertise for auctions all over the NYC area. It may be different in your area. Look in the newspaper in the Legal Notice section... sometimes they list auctions there.

cwally

You have to be careful though. As with salvage cars, repo cars might also have problems. No money for payments MIGHT also mean no money for repairs, or repairs done the wrong way. I had a friend buy a 1996 Maxima out of the repo aution. He said that he couldn't take the risk of a salvage car. Three days later he spent 1,800 dollars on a new transmission. As with everything there are good and bad stories. I would just rather spend $1,800 on a salvage NEW car than on an Repo car. B/C both ways, salvage cars have no warranty, and repo cars sometimes are out of theirs. You just know, or have someone who knows what they are doing.

humaras

Cwally--got a question for you:
So a "salvage title" means that the car has been paid out for by an insurance company? What if you own the salvage titled car, can you still purchase insurance for the car as though it was any other car with a regular "clean title?" and what if the car was stolen from you, or the insurance has to pay out to you for the car? would the insurance take into consideration that the car is a "salvaged titled" car or it would insure/pay out like any other car?

thanks.

cwally

1.So a "salvage title" means that the car has been paid out for by an insurance company?
Yeah thats what salvage title means. They declared it a loss because they paid out for it.

2.What if you own the salvage titled car, can you still purchase insurance for the car as though it was any other car with a regular "clean title?"
Yes and no. You can still purchase insurance for the car as if it were a regular car. Payout wouldn't be the same.

3.What if the car was stolen from you, or the insurance has to pay out to you for the car? would the insurance take into consideration that the car is a "salvaged titled" car or it would insure/pay out like any other car?
I didn't work in the claims department, but was informed that they pay out (if I remember correctly)about 20-30% less than what they would pay out if the car had a clean title.

Ex. Your car costs 10,000 to replace(clean title) but since you have a salvage, they will only pay about about $7,000. That shouldn't be a problem though, because the car should have cost u cheaper that that anyway.

Also, if u have mods on the car that u have informed them of, and pictures with reciepts, they should pay you for those mods.
And as with anything, make your decisions at your own risk.

humaras

Cwally,

thanks for the words of wisdom there. Just enlightening myself. Now that I know the aspects of the insurance, do you know of any good places to get (bid) for a car such as a maxima that the insurance company has paid out for? I need a car in the next year or so to go to grad school, but I can't take the car I have now since my folks need it.

thanks again

cwally

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