2014 1ss 1le, salvage,value - Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums

Billtx77 · 10-19-2016, 02:14 PM

First post but not my first camaro, need to justify the price for this one.
Tell me what you guys think.
2014 1ss 1le
4000 mi
First owner lost control and hit the front just to the left of the hood, drivers side. Wheel and suspension whacked along with the sheetmetal.
A friend of mine fixed everything, and yeah he's well qualified. I'm also a tech.
Silver ice metallic. Lightly optioned and runs as new. Salvage title is only downside.
Agreed on 20k, what ya think.

2lane 1LE · 10-19-2016, 02:19 PM

i got a 2013 30k miles 2ss/rs/1le with just about every rpo was lite sheet metal damage the guy i got it from replaced the front bumper hood and right fender that was it paid 16,000 for it

Quote:

Originally Posted by Billtx77

First post but not my first camaro, need to justify the price for this one.
Tell me what you guys think.
2014 1ss 1le
4000 mi
First owner lost control and hit the front just to the left of the hood, drivers side. Wheel and suspension whacked along with the sheetmetal.
A friend of mine fixed everything, and yeah he's well qualified. I'm also a tech.
Silver ice metallic. Lightly optioned and runs as new. Salvage title is only downside.
Agreed on 20k, what ya think.

GONIF · 10-19-2016, 06:14 PM

A restored salvage vehicle is worth about half of what a regular title vehicle is . And if you have an accident or it is stolen the insurance company will only pay about half of blue book . The reason the insurance company paid off the owner , and did not repair it is because it would cost more to repair than the vehicle is worth . As long as you understand all of that , you can make an educated decision . FYI ,and when you want to sell it most people don't want it or do not want to pay much for it . If none of that matters to you and you are paying cash and intend to keep it for a few years buy it cheap cross your fingers and enjoy .

b20 · 10-19-2016, 06:31 PM

Quote:

Originally Posted by GONIF

At restored salvage vehicle is worth about half of what a regular title vehicle is . And if you have an accident or it is stolen the insurance company will only pay about half of blue book . The reason the insurance company paid off the owner , and did not repair it is because it would cost more to repair than the vehicle is worth . As long as you understand all of that , you can make an educated decision . FYI ,and when you want to sell it most people don't want it or do not want to pay much for it .

I agree half

Jayjellyfish212 · 10-19-2016, 06:37 PM

Quote:

Originally Posted by GONIF

At restored salvage vehicle is worth about half of what a regular title vehicle is . And if you have an accident or it is stolen the insurance company will only pay about half of blue book . The reason the insurance company paid off the owner , and did not repair it is because it would cost more to repair than the vehicle is worth . As long as you understand all of that , you can make an educated decision . FYI ,and when you want to sell it most people don't want it or do not want to pay much for it .

Bingo! He nailed it! This is true facts.

2lane 1LE · 10-19-2016, 06:59 PM

nope not the case at all i talked to my insurance guy first and as long as the repairs are done with oem parts at a shop they pay what ever the market is at the time of the loss. and your wrong about the pay off as well anytime a permanent structure i.e something that does not unbolt is bent its a total loss all the new cars the core support does not unbolt so a lite front end hit will bend it and thats game over total pay off.did the home work !

Quote:

Originally Posted by GONIF

A restored salvage vehicle is worth about half of what a regular title vehicle is . And if you have an accident or it is stolen the insurance company will only pay about half of blue book . The reason the insurance company paid off the owner , and did not repair it is because it would cost more to repair than the vehicle is worth . As long as you understand all of that , you can make an educated decision . FYI ,and when you want to sell it most people don't want it or do not want to pay much for it . If none of that matters to you and you are paying cash and intend to keep it for a few years buy it cheap cross your fingers and enjoy .

GONIF · 10-19-2016, 07:15 PM

Quote:

Originally Posted by 2lane 1LE

nope not the case at all i talked to my insurance guy first and as long as the repairs are done with oem parts at a shop they pay what ever the market is at the time of the loss. and your wrong about the pay off as well anytime a permanent structure i.e something that does not unbolt is bent its a total loss all the new cars the core support does not unbolt so a lite front end hit will bend it and thats game over total pay off.did the home work !

If your happy , its all good . That will not change the blue book value and the title will always be branded restored salvage . It will also have a bad Carfax . I have been in the used car biz since 1995 and have gone through this many times. Due to the fact you car is a unibody if it is hit in a spot that can not be unbolted it now has frame damage per the insurance company and Carfax.

pbsinternet1le · 10-19-2016, 07:23 PM

Salvage title is always hard to resell... buy it cheap and drive it till the wheels fall off.. literally...

2lane 1LE · 10-19-2016, 07:26 PM

very happy

Quote:

Originally Posted by GONIF

If your happy , its all good .

2lane 1LE · 10-19-2016, 08:58 PM

used car dealer ? well you just lost all credibility. i don't care about car fax i didn't buy it to roll the mileage back and become a used car dealer

Quote:

Originally Posted by GONIF

If your happy , its all good . That will not change the blue book value and the title will always be branded restored salvage . It will also have a bad Carfax . I have been in the used car biz since 1995 and have gone through this many times. Due to the fact you car is a unibody if it is hit in a spot that can not be unbolted it now has frame damage per the insurance company and Carfax.

Jayjellyfish212 · 10-19-2016, 09:10 PM

OP the current salvage value is 10-15k and will never be worth more no matter what. Best to just drive and enjoy.

backeddy · 10-20-2016, 12:23 AM

When I was buying recovered thefts at auction I was paying $4-6k for complete, undamaged cars (1le's, zl1's) missing just motor and tranny which was $6-9K on ebay etc. So for $10-14k I had complete, undamaged salvage cars that were selling for $20k when the market was mid $30's. No way I would pay more for a damaged "repair" than I did to put together a good one...............

Splat · 10-20-2016, 12:35 AM

Quote:

Originally Posted by GONIF

A restored salvage vehicle is worth about half of what a regular title vehicle is . And if you have an accident or it is stolen the insurance company will only pay about half of blue book . The reason the insurance company paid off the owner , and did not repair it is because it would cost more to repair than the vehicle is worth . As long as you understand all of that , you can make an educated decision . FYI ,and when you want to sell it most people don't want it or do not want to pay much for it . If none of that matters to you and you are paying cash and intend to keep it for a few years buy it cheap cross your fingers and enjoy .

Quote:

Originally Posted by GONIF

If your happy , its all good . That will not change the blue book value and the title will always be branded restored salvage . It will also have a bad Carfax . I have been in the used car biz since 1995 and have gone through this many times. Due to the fact you car is a unibody if it is hit in a spot that can not be unbolted it now has frame damage per the insurance company and Carfax.

^ Agreed 100%

Quote:

Originally Posted by 2lane 1LE

used car dealer ? well you just lost all credibility. i don't care about car fax i didn't buy it to roll the mileage back and become a used car dealer

2lane 1LE · 10-20-2016, 09:49 AM

so putting in a motor and trans is better then changing a bumper and fender ??? really ?? whatever i love my car and i didn't buy it to resale so 10k cheaper works for me.

Quote:

Originally Posted by backeddy

When I was buying recovered thefts at auction I was paying $4-6k for complete, undamaged cars (1le's, zl1's) missing just motor and tranny which was $6-9K on ebay etc. So for $10-14k I had complete, undamaged salvage cars that were selling for $20k when the market was mid $30's. No way I would pay more for a damaged "repair" than I did to put together a good one...............

10-19-2016, 02:14 PM	#1
Billtx77 Drives: 1969 Z/28, 14 1SS 1LE Join Date: Oct 2016 Location: Lake Tahoe Posts: 15	2014 1ss 1le, salvage,value First post but not my first camaro, need to justify the price for this one. Tell me what you guys think. 2014 1ss 1le 4000 mi First owner lost control and hit the front just to the left of the hood, drivers side. Wheel and suspension whacked along with the sheetmetal. A friend of mine fixed everything, and yeah he's well qualified. I'm also a tech. Silver ice metallic. Lightly optioned and runs as new. Salvage title is only downside. Agreed on 20k, what ya think.

10-19-2016, 06:14 PM	#3
GONIF Drives: 73 VETTE ,, 05 2500hd diesel,14 1LE Join Date: Feb 2014 Location: The Left lane PHOENIX AZ Posts: 2,626	A restored salvage vehicle is worth about half of what a regular title vehicle is . And if you have an accident or it is stolen the insurance company will only pay about half of blue book . The reason the insurance company paid off the owner , and did not repair it is because it would cost more to repair than the vehicle is worth . As long as you understand all of that , you can make an educated decision . FYI ,and when you want to sell it most people don't want it or do not want to pay much for it . If none of that matters to you and you are paying cash and intend to keep it for a few years buy it cheap cross your fingers and enjoy . __________________ OLD GUY FLYING FAST AND LOW Last edited by GONIF; 10-19-2016 at 06:52 PM.

10-19-2016, 07:23 PM	#8
pbsinternet1le Drives: 2017 1le current /2015 2ss 1le sold Join Date: Jan 2016 Location: Whitesburg Ga 30185 Posts: 759	Salvage title is always hard to resell... buy it cheap and drive it till the wheels fall off.. literally... __________________ 2017 1LE Hyper Blue

10-19-2016, 09:10 PM	#11
Jayjellyfish212 Drives: 2014 1LE Join Date: Aug 2015 Location: Upstate NY Posts: 2,050 View My Garage	OP the current salvage value is 10-15k and will never be worth more no matter what. Best to just drive and enjoy. __________________ Car mods: never enough!

10-20-2016, 12:23 AM	#12
backeddy Banned Drives: 2011 Boxster Spyder (best car ever) Join Date: Aug 2014 Location: San Jose, Ca Posts: 1,529	When I was buying recovered thefts at auction I was paying $4-6k for complete, undamaged cars (1le's, zl1's) missing just motor and tranny which was $6-9K on ebay etc. So for $10-14k I had complete, undamaged salvage cars that were selling for $20k when the market was mid $30's. No way I would pay more for a damaged "repair" than I did to put together a good one...............