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Old 01-01-2013, 01:25 PM
TannerT TannerT is offline
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Location: Columbia, Missouri
 
Join Date: Mar 2012
Posts: 966
Mein Auto: 03 330ci 3pdl 89 325i
I drive a salvage title. However mine got stollen in Tennessee. I also had it inspected really well. They can be dreams for a great price (mine,) or an absolute nightmare. He needs to get it checked out and figure out what exactly totaled it. It is not hard to total cars that are over 3-4 years old. If it was all cosmetic (bumpers, fenders, bent wheels) go for it. If it was any sort of frame damage electrical or engine failure I'd stay away. I have actually been looking at buying an e60 M and with ~50k miles I'd say 30 ish would be a good price bit a salvage title really hurts the value of a car and can cause insurance problems. Regaurdless of how nice the car is after the total loss the seller must realize the extra hassel it can cause a buyer. I may be wrong but I think the accepted fair price for a salvage car is 70% or the actual value. That is how I got a great 330Ci with 80k for $7.5K

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