Message Font: Serif | Sans-Serif
No. of Recommendations: 1
I'm debating just walking away, or giving the seller the opportunity to drop their price to reflect the salvage from the first accident. They have it $2000 below Edmunds, but I'm told it should be at least 50% of Edmunds due to the accident.

As someone who's never bought a new vehicle ever (but bought used from a dealer a couple of times), my two cents on this is that "salvage" doesn't mean "junk", and whoever told you salvage price should be at least 50% of Edmunds has been smoking something. It depends on the car, the accident, the repair, and most importantly, what shape the car is in NOW. A rule like that doesn't do the buyer OR the seller any favors. Regarding this particular car, if it's $2000 below Edmunds, the seller has ALREADY dropped their price to reflect the salvage nature of the title. Are you feeling misled about the first accident, or was it before this owner bought this car?

Maybe I should nuke our vacation next year and go to a dealer...

Definitely not the way I'd go. You'll get a lot more mileage from the family vacation. Whole lot.

On the other hand, keep in mind that SOME people would have to consider that this car is clearly haunted.

(story: my dad paid $300 for my first car ['66 Valiant] when I was 14, and it needed some work, which we did together. priceless.)
Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.