Value of 2002 Honda S2000 - Rebuilt title?
How much do you all think a 2002 S2000 with 49000 miles on it and a rebuilt title should sell for? Besides the rebuilt part, it is in excellent shape.
$7500-$8000. Not a penny more…
No more than $8000.
Subtract 50% off the retail value for the bad title. Any car with a rebuilt title is NOT in excellent condition and in no way can be described as such. Rebuilt cars are unsafe, most are un-insurable and most lenders WILL NOT approve a loan for a rebuilt car.
That's like saying "if I didn't have this broken leg, I can run just as fast as you"
You won't get it for 50% off. You might get it for 30% off. You should strive for 40% off what a never wrecked car would cost.
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