<div class="ubbcode-block"><div class="ubbcode-header">Quote:]Problem is it has a salvage title. How much will this affect the value of the car? And if I spent money restoring the vehicle could I expect to recoup my investment on a car with a salvage title?[/QUOTE]
IMHO, a salvage title devalues the car tremendously - for resale! In these post-Katrina days, everybody thinks 'water damage'...plus there's always the possibility that its been in a serious wreck & has been put back together out of a couple of cars.
Down here, when an insurance company issues a salvage title, it takes a licensed & bonded rebuilder to put it back on the road....& they all cost less than comparable models with good titles.
Were it me, I'd only invest in it if I were going to drive it a few years....I don't think serious collectors would pay top dollar for a salvage title.
But, just my opinion.