In this guys case he is already priced way over retail if it had a clean title. This is probably a $3500 car. the way it is
Sent from my iPhone > On Sep 27, 2015, at 7:31 PM, Dan Penoff via Mercedes <mercedes@okiebenz.com> > wrote: > > Gotcha. > > The S500 coupe had a salvage title. Made it a lot cheaper, and I knew the > reason why, which helped. > > I haven’t been scared by salvage titles, but you certainly have to do your > due diligence. With our older cars it’s not uncommon to find them, as one > hit in the supermarket and the insurance company wants the car off their > books. That was the case with Tarek’s S500 coupe. He took the money, bought > the car back and had it fixed. > > My 1997 SL500 has a rebuilt title, which was the result of a insurance > company total loss and the buyer not being the owner. He bought it from the > insurance company as a total loss, had it repaired and inspected by the state > to get it back on the road. > > Rebuilt titles are far more rare than salvage, but to be honest, probably > better since the state usually gets involved in certifying their > roadworthiness and the integrity of the repair work. > > And yes, it does make for a substantial hit on value, retail or private sale. > I paid probably half of what the SL500 would have been worth had it been an > unmolested model with the same age and miles (78k) on it. > > Dan > > >> On Sep 27, 2015, at 6:26 PM, Kaleb C. Striplin via Mercedes >> <mercedes@okiebenz.com> wrote: >> >> Salvage title >> >> Sent from my iPhone >> >>> On Sep 27, 2015, at 5:17 PM, Dan Penoff via Mercedes >>> <mercedes@okiebenz.com> wrote: >>> >>> What, pray tell, is a “branded title”? >>> >>> Dan >>> >>> >>>> On Sep 27, 2015, at 6:13 PM, Mitch Haley via Mercedes >>>> <mercedes@okiebenz.com> wrote: >>>> >>>> Andrew Strasfogel via Mercedes wrote: >>>>> And there is a title problem due to a collision?? >>>> >>>> Dealers tell me that branded titles are worth half as much as clean titles. >>>> >>>> _______________________________________ >>>> http://www.okiebenz.com >>>> >>>> To search list archives http://www.okiebenz.com/archive/ >>>> >>>> To Unsubscribe or change delivery options go to: >>>> http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com >>> >>> >>> _______________________________________ >>> http://www.okiebenz.com >>> >>> To search list archives http://www.okiebenz.com/archive/ >>> >>> To Unsubscribe or change delivery options go to: >>> http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com >> >> _______________________________________ >> http://www.okiebenz.com >> >> To search list archives http://www.okiebenz.com/archive/ >> >> To Unsubscribe or change delivery options go to: >> http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com > > > _______________________________________ > http://www.okiebenz.com > > To search list archives http://www.okiebenz.com/archive/ > > To Unsubscribe or change delivery options go to: > http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com > _______________________________________ http://www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
