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Value of a TT with previous damage?
Hello,
I have been looking at my options for picking up a late model 996 and have come across a 2002 TT with a salvage title. I have seen pictures of the car before it was repaired, and it didn't look too bad. The car had no frame, drivetrain, or engine damage and has 7800 miles. It has been repaired and looks and drives perfect as far as I can tell. Of course I would have a complete inspection performed before I would pull the trigger on a car like this. The guy that owns the car hasn't decided what he is going to ask for it, but I'm hoping it is low enough that I can afford it.
My questions are:
1. How much should a salvage title depreciate the car?
2. Will anyone lend on a salvage title?
3. How difficult will it be to sell or trade the car at later date?
Thanks in advance,
El Duderino
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