Chris P
03-28-2010, 09:56 AM
Okay. Well I need to buy a car today. And I found a Kia Soul (2010). And they are only asking $12,000 with $3995 down. I'm thinking of getting it, but not 100% sure due to the fact that it has a salvage title. I mean, I went and looked at it, and its the upgraded model that would usually go for $17,000 if it DIDNT have a salvage title. Ive looked at it, drove it, listened to it run.. Everything SEEMS okay. I'm just wondering, would it be a waste? Anyone ever have experiences with a "new" salvage title vehicle? Oh, and by the way, it has only 4000 miles on it.
Thanks!
And, is $12,000 a good price? Or should I try to get it a good bit lower?
It is considered "salvage" because it was in an accident in October of 2009. Because its a new car, insurance company's will turn it to "salvage" if it is at least 25% damaged. I mean, I didn't even KNOW it was a salvage car, until the dealer told me after I looked at it. It looks brand new!
While I was there yesterday, I ran all of the stuff with my insurance company, and my monthly payments only $61. So the insurance isn't an issue at all!
I didnt mean it is worth 17k new, I mean, if this car was USED and DIDNT have a salvage title, it would be worth 17k. This thing would be $20k NEW.
Thanks!
And, is $12,000 a good price? Or should I try to get it a good bit lower?
It is considered "salvage" because it was in an accident in October of 2009. Because its a new car, insurance company's will turn it to "salvage" if it is at least 25% damaged. I mean, I didn't even KNOW it was a salvage car, until the dealer told me after I looked at it. It looks brand new!
While I was there yesterday, I ran all of the stuff with my insurance company, and my monthly payments only $61. So the insurance isn't an issue at all!
I didnt mean it is worth 17k new, I mean, if this car was USED and DIDNT have a salvage title, it would be worth 17k. This thing would be $20k NEW.