Here is the info:
2003 Honda Civic EX 4 door sedan. Salvaged title. 79,000 miles. Engine has been checked by a mechanic and said to be in good working order except that the starter may need replacing in a year or two.
-Crack across entire length of windshield. Right near the bottom so it doesn't affect visibility too much.
-A/C needs to be recharged.
-Back windows don't go down.
-Back body is cracked a bit, bumper is pretty bad. Would need proper replacing.
-Hood has softball-sized rust spots and peeled clear coat.
-Body has peeled clear coat and a few minor rust spots.
-Interior lining is coming off in one or two places.
-Gas door level is busted. Gas door must be opened from pulling the cable in the trunk.
The salvaged title was because the car was rearended years ago. My friend bought it from someone at that time. He now is selling it to me. The KBB value for 'fair' condition is $3,849. This car has a salvaged title, which I have been told marks the value down to 60% of the KBB value for any given condition. This would mean the car is worth $3,849, though I'm sure the amount of small issues the car has would reduce that number further. But reduce it to what?
I want to buy this car but I want to buy it for a fair price. The engine seems to be great and only has 79,000 miles, which is nothing for a Civic. The body is beat to hell and there are a few non-essential issues which I would have to pay to fix. I also don't want to buy and insure it only to get involved in a collision and have the insurance company tell me its worth nothing since its has a salvaged title and some body issues.
Thanks for any advice!|||You're describing a vehicle is very poor shape, that at best would be worth $2,500 or less. With a salvage title you won't be able to put collision on it, and the insurance would indeed tell you it's worth very little in the shape it's in if you were hit and an insurance company accepted liability on behalf of their customer.|||If you do get in an accident you're insurance company will only give you a few hundred dollars the most. By your description I wouldn't spend one penny on that junk. You're going to end up spending a lot of money to fix it and maintain it.|||as a certified master tech i will say right now to stay away from that stove/its a junker by your own description/the insurance co will not sell you collision/ fire and theft/you will spend on that trap until your sweating money in it to keep it on the road
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