Hello,

Just looking for some feedback.

Came across a 2008 TT with 22k miles, cab, trip.

http://74auto.com/vehiclesDetail.php?25834

What do you guys think about price?

I realize salvage kills resale, but it seems I may lose less than with depreciation. Besides, the prices turbos are selling for...it seems I could repair and enjoy for a few years and sell for about $40k. On a toy like this, I would probably put 2k miles on it per year...maybe 3k, but that's stretching it.

Any comments regarding what kind of damage to "lookout" for would be greatly appreciated!

Thanks

 

Looking at the pictures I'd honestly steer clear of it, but to each his own.

Make sure the frame hasn't been bent for starters, by the damage I see that would be #1 concern. Looks like you'll have to invest some time and money just getting the sheet metal back to form, new side airbags, paint etc.

You're better off just buying a non damaged one with higher miles especially if you are only going to drive 2-3k a year. By time you sell the miles will even out with other similarly aged vehicles and shouldn't take too large of a depreciation hit.

Good luck with whatever you decide!

 

+1, even if chassis is repaired properly, alignment will be a major concern for me. It will not feel right.

 

Makes more sense then to buy an ex-salvage car that someone else fixed and are selling for 40k?

 

This could be risky. The purchase price plus costs to repair could come close to the cost of a good used 2007/2008, and after the repair you still have the salvage title. The insurance company sold this car off for a reason. If you own a body shop, buying this car could be a good deal; if not, I'd pass.

 

That's a lot for that car with the damage. Plus you aren't 100% sure of what the total damage is. With the money you would put into fixing it you could buy an 07 with higher miles and have a straight car.

 

Yep, great answer

 

In addition to being a salvage....its also a tiptronic....would be a tough sell in the future.

 

?? Highly unlikely regarding the tiptronic being an issue aside from salvage but if your saying if it's a normal car that tiptronic is gonna be a tough sell your sadly mistaken everyone doesn't want a manual

 

Wow...thanks for the super fast responses!

I don't own a body shop at all...just a big DIYer.

Seller indicated no frame damage....although the section on the driver's side seems to imply otherwise.

Seller indicated he had replaced many suspension parts, front and rear.

I didn't consider alignment being such an issue...but a very good point.

 

I was wondering about the price. I have never seen a salvage turbo for sale prior to repair...so I had no idea where the price fell. Correct me if I'm wrong, but a pristine 08 Cab Turbo with trip and 22k miles will probably cost $75k? I figured a $33k discount is worth the hassle. The and I discussed repairs and if I do most of them, I should be at $10k.

$50k for an 08 turbo is not bad.....but, you never know. Could cost a lot more. I am out of state and making my own inspection is a challenge.

 

The lowest price higher mileage turbo I can find is an 07 with 60-65k miles for $60k.

However, $10k less for a salvage is starting to seem less appealing...particularly b/c of the unknown damage. Porsche parts are not cheap and I could blow through another $10k real quick. Then, I would have a low mileage, 2008 turbo for the price of a high mileage 2007 with a salvage title. This of course, is the quandry.

 

I've seen a lot of comments about manual vs trip vs pdk.

Is a manual clutch supposed to feel "hard?" Last one I test drove, the clutch wore my leg out. There was tons of tension/pressure when I was depressing the clutch. Dealer was like, 'Hmmmm...try another one. I did, and same feel." I have test driven a manual M6, Corvette, Z06 and none of them felt the same. Quite the opposite....super easy to depress. No tension or pressure and most importantly, my leg wasn't worn out....

How is the clutch "supposed" to feel?

 

Insurance and financing will also be in question. I don't think you can get comprehensive insurance on a salvage title, only liability. If you put it in the ditch, you will be paying for the damage. And without comp coverage, I doubt you could get financing.

 

It's a cash deal.

Also, insurance is fine after the car is inspected and certified roadworthy. In Texas, there is a special form the inspection people have to complete. I take it to the DMV and process the title change and I receive a "rebuilt title."