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Asked: Jan 07, 2008 - 08:08 AM

Status: Closed

Getting a price on a salvage title on a 2002 ford mustang gt convertible?

ford gt covertible 5spd 51,000 good condition where do I find a price for it?

In Vehicle Type > Convertible
2 answers - 687 days ago

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mr_shiftright

Date: Jan 07, 2008
Time: 12:50 PM

I would say use Edmunds True Market Value appraisal system, find the Trade-in Price, and take at least 30% off that number. Also check with your insurance company as some companies will not insure salvaged vehicles; also any extended warranties are void. Also you may not be able to get financing.

Keep in mind that whatever gets you in cheap on a car will come back to haunt you when you sell; so buying a salvage car isn't necessarily a bad idea but it's a bad idea to pay anything but a really REALLY bargain basement price for it.

Here's your linkn to True Market Value: http://www.edmunds.com/tmv/used/index.ht...

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madmanmoo

Date: Jan 08, 2008
Time: 02:24 PM

Agree with Mr.Shiftright. Buying a salvaged title vehicle is risky to say the least. The deal you get must be a barnburner.

Good luck.

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