Need quick advice on buying a car that has been wrecked
#1
Driver School Candidate
Thread Starter
Need quick advice on buying a car that has been wrecked
I've been shopping for a new ES330 with all the options, hoping to get an 04 at a really good price. The closest I've found is $34K, with MSRP over $38K. There is a car a dealer has that was in a wreck and sold back to them with only 1400 miles. They are asking $28,900 for the car, or about $10k less than a new one. They have been very honest about the damage and even gave me the number to the body shop, who faxed me the repair order. The damage was about $7k, and it needed a new bumper, quarter panel, rocker panel, trunk, and lights. The overall parts were $3000 and the labor was close to $4000. The body shop has offered me, if I buy from the dealer, the same lifetime guarantee on the work and paint (which is good provided I don't move in the next 5 years). They also told me there was minimal shifting of the rear unibody, but not enough to replace, they straightened out and the car aligned perfectly on a 4 wheel alignment.
I looked briefly at the car and drove it a few days ago, and I'm going back for an extensivelook and drive tomorrow. On one hand, $7k sounds like a lot of damage, on the other hand, a practically new 330 for $10K less than new sounds tempting.
Any thoughts or advice is greatly appreciated. I am being pushed a bit by the dealer. They just detailed the car today, and if I pass tomorrow it goes on the lot for sale (has not been as of yet, they just got back in on trade after the wreck). So, I have to make a relatively quick decision or chance someone else buying it.
I looked briefly at the car and drove it a few days ago, and I'm going back for an extensivelook and drive tomorrow. On one hand, $7k sounds like a lot of damage, on the other hand, a practically new 330 for $10K less than new sounds tempting.
Any thoughts or advice is greatly appreciated. I am being pushed a bit by the dealer. They just detailed the car today, and if I pass tomorrow it goes on the lot for sale (has not been as of yet, they just got back in on trade after the wreck). So, I have to make a relatively quick decision or chance someone else buying it.
#2
Lexus Fanatic
IMO I'd stay away from cars that have a repair or "salvage" title since they will never drive or look the same as from before, despite how attractive the price of the car
Moving this to Car Chat.
Moving this to Car Chat.
#5
Pole Position
Join Date: Jul 2004
Location: California
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don't buy it
salvage car always has problems unless if u are buying it from the person u know
there could be probles such as windnoise (bent frame) or not perfectly aligned doors, which causes noises, and also resale value,
not worth it to buy
there could be probles such as windnoise (bent frame) or not perfectly aligned doors, which causes noises, and also resale value,
not worth it to buy
#7
Lexus Fanatic
Be patient
save
the 2005 should be coming out soon
might get a good deal on a 2004
have you tried
www.carsdirect.com
save
the 2005 should be coming out soon
might get a good deal on a 2004
have you tried
www.carsdirect.com
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#8
Lexus Champion
cars with damaged titles are a little tougher/more expensive to insure. i'd save your money and get something better. Yeah, the price is nice, but personally, i would never feel secure driving in a car that's been mangled up.
#10
Pole Position
stay clear of it.......looks like more headaches for you in the future & for only $10k off the price of a new one, they would have to do MUCH better than that. Plus, down the road it might be a huge hassle to sell it when it comes time to trade it in at a dealer or selling privately & much lower re-sale value!
Last edited by Lexusfreak; 09-03-04 at 11:42 AM.
#12
Lexus Fanatic
iTrader: (1)
Originally posted by aliga
give them 25K and take it, provided it has a clean title. if its salvage, give them 20K, that is if you plan on keeping the car.
dont let these guys scare you, i deal with salvage cars, and if they are repaired right, there are huge savings to the customer!
give them 25K and take it, provided it has a clean title. if its salvage, give them 20K, that is if you plan on keeping the car.
dont let these guys scare you, i deal with salvage cars, and if they are repaired right, there are huge savings to the customer!
#14
Lexus Test Driver
Originally posted by VSsc400
I agree with this.
I agree with this.
You guys have more time to deal with time wasting issues then I do. The whole point of buying a Lexus for me is it's reliability and near zero hassle.
Why buy something that is questionable for well over 20 thousand dollars? That's me anyways....
#15
Lexus Champion
iTrader: (1)
now wait a minute here.....does it or does it not have a salvage title? thats the big question....if it does not it might be worth it..since it was done at a reputable dealer!! Yes, 7 gs is a lot in damage..but you'll be surprised on the amount of vehicles that are out there that have had at least, LEAST ,3500 worth of damage and you dont even know!!!
get the vin# lets see what pops up!! It probably has not been reported yet but ask what they are gonna report
get the vin# lets see what pops up!! It probably has not been reported yet but ask what they are gonna report