Tag: rebuilt

By on August 14, 2015


The prospect of buying a salvage titled car for almost half the price of one of its clean titled counterparts is tempting for many potential car buyers, but increasingly it’s becoming a losing proposition. I have bought and reconditioned a few dozen salvage cars (I currently own three). As I am getting ready to embark on a new car buying adventure, I sat back to look at the math for my current daily driver.

I purchased my 2005 Cadillac STS from an insurance auction a few years ago for about $3,400. After it arrived, I spent another $2,300 to repair it and get it back on the road. I went through the receipts a few months ago and wrote up a summary of the costs. It worked out to be a great deal for me at the time but now that I am getting ready to replace it, I decided to take a look back and see if I actually saved any money in the long run.

(Read More…)

By on October 22, 2012

TTAC Commentator itsgotvtakyo writes:

Hi Sajeev,

I recently purchased a 1999 Honda Accord LX for my sister. It has 115,000 on the ULEV 4cyl and an automatic transmission. The car is very straight and clean on the inside and out for the year and miles. The seller was a middle aged gentleman who bought the car four years ago for his daughter. The vehicle has obviously been maintained but there’s one glaring issue I have my fingers crossed on… the transmission. (Read More…)

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