Found on local craigslist, listed by "Imports Unlimited".
"2001 Porsche 911 Turbo AWD - $31900 (Wallingford, CT)"
http://newhaven.craigslist.org/ctd/1320876424.html

Found on Carfax
SALVAGE TITLE/CERTIFICATE ISSUED
NOT ACTUAL MILEAGE TITLE ISSUED
FLOOD DAMAGE TITLE ISSUED
VIN: WP0AB29951S686151

 

I've seen the car in person, they have a couple 996 Porsches at the place that I stopped to look at a few weeks back.. I figured it had to be salvaged at that cost, its been sitting outside the showroom there for at least 6 months...

 

The funny thing is that the first owner received the "Not Actual Mileage" title in 2002, and the car was then totaled by the second owner in 2008.

 

If it hadn't been two separate occasions, I suppose all three could have happened at once if the flood destroyed the instrument cluster. Have them knock another $10G off of that car, gut it to the core, and you'll have a nice track car. (Assuming the ECU is still in decent shape and doesn't have any remnants of the water damage.)

 

You guys realize that anytime water gets over the sill the cart is usually classified as salvage/flood damage right?

 

And you realize that when an insurance company totals a car, takes possession, reports it as totaled and sells it with a salvage title that reduces the value of the car right?

 

Yes I do, I also realize that a lot of people like to scream "don't pay more than 30% of what NADA tells you to buy it" which is absolute BS.

For all you CARFAX fanatics I'm attaching a form that dealerships (subscribers) use to "wipe" carfax.

 

I'm not sure how cleaning the history of one vehicle makes a salvage title any better on the rest. Personally, I don't have a problem with salvage titles, if you buy the car cheap enough, and it has been fixed properly. A flood title, on the other hand, I would never buy unless gutting and turning it into a track car. It can take years after the car was "fixed" for the oxidation to short out a harness, and cause major problems. Flood cars are old buried land mines. They may not blow up when you are near, but it's not worth the chance.

 

That's a $20k 996 Turbo.

 

I've been there MANY times. Used to work right down the street. All the cars I have looked at for a potential purchase have had an issue. IMO, ALL they buy are salvage and water cars...and they're d*cks too...