Does this sound like I got good deal?
I found a 2008 Honda Civic on Craigslist for $5,900. I talked the seller down to $5,000 and the car only has 105k miles on it. It does have a salvage title but it's not for anything too serious.
Good deal
LOL… How would you have any clue why it was a salvage car, Plus 105 k in 7 years is average miles no big deal, so don't say it "only has 105k". Seriously, your being really naive about this being a salvage title car.
Go to nada.com and price the car with option, mileage, condition etc. Then multiply the average retail price by.6 and that will be the true value of a vehicle with a salvage title.
No, but people who buy on Craigslist deserve what they get… Mostly.
Even if the car was an EX with an automatic, alloys and power sunroof in "Very Good" condition with a clear title (it doesn't matter WHY it has a salvage title, by the way), it's worth maybe $7300 RETAIL.
With a salvage title, the same car is worth about $4400.
I really hope you already bought it!
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