DAMN!!!! why is used car soo freakin expensive???

[hmgROCK]

i'm looking to upgrade my beater...
and these used car 10+years old going for $10k-15k

sheesh man...

i kid you not
i went to check out some dealership parking lot
and it mostly empty....

there barely any car on the lot

[DuMa]

Unlike before, 100k miles is considerered over mileage and no one wants to buy one.  Newer technology these days are making our cars running a bit longer.  100k is nothing.  It is actually the norm when you are looking for a used car. 

Them honda and toyotas at 200k mileage and their prices are still up there. 

If you planning to drive a car forever, I suggest you look for them savage title cars.  With these, they are usually 40% lower than the blue book.  Their mileage are usually lower because there are down time so time to fix it up means not driving it vs time and you will get a lower mileage car.  Totaled is frame damage but they fixed it up and unless you an expert, you can't tell a used car from a salvage car. 

You can find salvage cars at smaller mama papa lots.  These guys are notorious in buying damage cars fixer upper and flip it for a profit. 

[ProudLao]

I will not touch salvage titles automobiles here in the Midwest. Might be okay in California,

[DuMa]

I will not touch salvage titles automobiles here in the Midwest. Might be okay in California,

explain?

rust issue? 

When it comes to pricing and the poor, the poor got no choice. 

[ProudLao]

Yes, definitely rusting issues. Most cars have not been undercoat to prevent rust. And it shows up slowly.

[hmgROCK]

can you financial salvage titles ??
i don't feel like paying full cash

[DuMa]

can you financial salvage titles ??
i don't feel like paying full cash

The question lies with the insurance company.  Some can and some can not since you do need to have full coverage.  As salvage, makes no sense to do full coverage when the value of the vehicle is priced at so low.

So my answer is possible, depending on the insurance company that can insure you.  Dealership is in their best interest to try to make a sale so they can find ways to get you that salvage title vehicle.

I personally love salvage cheap pricing.  I value more on the engine than anything else, the body, I no care.  Damage body may not make you stuck on the road but a fail engine will.  However, if it has structural frame damages, that could be a problem with performances and could be dangerous and thus why not many insurance company will insure you. 

[hmgROCK]

Oh damn

Learn something today
Might have to double check my insurance

[theking]

"$10-15k" is "expensive" for a car? 

That's cheap in today's standards..

No wonder Reporter still hasn't seen his "8k" yet..

[hmgROCK]

$15k for a 10+years old car

 

that's a kinda of expensive...
you can probably get a new car with another $10K

[DuMa]

Honda or toyota salvage...  Only you and them experts will know that your car is salvage.  Small bank player only way to go if you want a good looking car and possible a mint condition engine for 40% below blue book pricing. 

I'm still looking at a 2017 salvage honda accord for $7k.  I rather get 3 of these than 1 brand new one.  With new cars, you gotta babysit it.  With car this cheap, I can drive it like a race car driver, abuse it and not car because the car is no longer in mint condition.  Like divorcee, looks good, everything is all there but she carries that divorcee title which might cost me just $2K when I marry her. 

[hmgROCK]

where you find them salvage
ebay?

[DuMa]

where you find them salvage
ebay?

mama papa dealership

they got some that specialized in it and that is all they sell.   To see salvage title, look at their car fax

Remember to factor in the 40% less of the blue book to see your deal. 

[Hung_Low]

I will not touch salvage titles automobiles here in the Midwest. Might be okay in California,

Why not? I bought one and it's fine... I planned on driving it to the ground and not thinking about selling at all.