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buying a used cpo salvage title

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Old 03-21-2010, 10:32 PM
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buying a used cpo salvage title

is this a good idea?
Old 03-21-2010, 10:42 PM
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I sincerely doubt there is such a thing for Acura. CPO & Salvage do not go in the same sentence together. I could be wrong. Got a link for the car you are looking for?
Old 03-21-2010, 10:48 PM
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Originally Posted by ggesq
I sincerely doubt there is such a thing for Acura. CPO & Salvage do not go in the same sentence together. I could be wrong. Got a link for the car you are looking for?
I agree. No way Acura warranties a Salvage vehicle.

It may have been a CPO BEFORE whatever happened to make it a salvage title.

IMHO, not a good idea unless you REALLY know your shit when it comes to inspecting a used car. Even then, be prepared for unexpected problems.
Old 03-21-2010, 10:49 PM
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http://www.vandergriffacura.com/used...4e37c5501b.htm

here's the link
Old 03-21-2010, 10:54 PM
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Why does the car have a salvage title? Average value you will get from an insurance company on a car with a salvage title is 50% of the ACV.
Old 03-21-2010, 10:54 PM
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ok, I looked at the carfax. There is a major accident reported but the vehicle is not listed as a salvage? I also dont see where they are selling it as a CPO?
Old 03-21-2010, 10:58 PM
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My first reaction was salvage & CPO are mutually exclusive.

Where does it say either?
Old 03-21-2010, 11:08 PM
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if a car gets in an accident its not conisdered salvage? so is this car ok to purchase
Old 03-22-2010, 12:36 AM
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Yes, but it is not and can not be certified.
Old 03-22-2010, 12:50 AM
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Originally Posted by track 1
if a car gets in an accident its not conisdered salvage? so is this car ok to purchase
No, an accident doesn't automatically mean salvage. Salvage means junk. Not all cars are junk after an accident.

I'd have it very carefully inspected. AND I'd order the accident report. AND I'd tell the dealer you want a CPO warranty. AND I'd make sure the price is right (i.e. can you find the same car with NO major accident at the same or lower price).
Old 03-22-2010, 01:23 AM
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typically if the front airbags deployed- the cost leads the insurance to `Total` the car and make its title `Salvage`- good for parts or can be rebuilt but carries the salvage title with WAY reduced value

At that point the car maker is advised and makes a change in the computer- you are still able to get recall safety items replaced free but most any warranty is long gone

It may take time to get updated- everyone has cut employees

cars that were stolen and recovered after 30 days often get salvage title but can still be good cars

car salesmen talk in coded language you are not privvy too- may as well sell houses~
Old 03-22-2010, 01:31 AM
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Haha it's at the dealership close to my place...I wonder how they can get away with selling a Salvaged CPO?
Old 03-22-2010, 01:52 AM
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I would pay the $7.50 to get the accident report so you can see exactly what happened in the accident.
Now that I think about it though, I would probably stay away from this car since it was probably traded in for a reason. The previous owner did not want it after the accident! Well that is- assuming it was traded in, regardless the dealership probably paid like 10k for the car since it has this accident on the carfax and they are trying to sell it for $23k=craziness!
Old 03-22-2010, 02:44 AM
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I think the price is way 2 high to begin with, salvage or not
Old 03-22-2010, 07:11 AM
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here is a weird story, my friend bought a 2004 honda accord coupe ex, salvage, he made all the repair since it was damage on the side. When he check with the dealer they said that he had 2 year warranty left (ofcourse he never told them that it was a salvage vehicle). All the repair needed were done in the the dealer. after the warranty expired he sold the car.

Salvage title hold the value great if you a selling it has a private owner.

i bought a 2003 RSX type S salvage in 2002. The car only had 1200k (totally new ) for $4000 in an auction. The damage was front end but was only bumpers and radiator support with deploid airbags. i expend $5000 to fix so in total was $9k for the car. i got into a big accident a month later, car wreck and my insurance paid me $20k with the salvage title.
Old 03-22-2010, 07:34 AM
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The price is definitely too high for a salvage title. It is not even a TLS. For a salvage it should be in the 15s.
Old 03-22-2010, 08:43 AM
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They are not offering that car as a CPO vehicle. They have other TL and TL type S for around the same price, but they are offered CPO. I'd look at one of those.
Old 03-22-2010, 01:30 PM
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$23k for a car that had a major accident! dont even think about it!!!
Old 03-22-2010, 05:54 PM
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The car does NOT have a salvage title. It has a major accident reported 10/15/09, but was never issued a salvage title.
Old 03-22-2010, 06:38 PM
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I still wonder why a dealer would even want it on their lot.
Old 03-22-2010, 07:07 PM
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Originally Posted by jvette
I still wonder why a dealer would even want it on their lot.
To Make money! As it was purchased at an auction, maybe the buyer screwed up when he made the bid, or the price was too good to bypass. Some unsuspecting sole will purchase the vehicle.
Old 03-23-2010, 02:22 AM
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Originally Posted by Turbonut
To Make money! As it was purchased at an auction, maybe the buyer screwed up when he made the bid, or the price was too good to bypass. Some unsuspecting sole will purchase the vehicle.
lol lol that sounds horrible but it happens....
Old 03-23-2010, 07:39 AM
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I would walk on this one.

What is CPO?

Certified pre-owned vehicle?
Old 03-23-2010, 09:28 AM
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yeah, no way on this one for that kind of money. I just got a 2007 TL Type-S in Fort Worth for $21,880 (43k miles) with clean carfax and autocheck. This one should be easily under $19k with major damage but non-salvage title.
Old 03-23-2010, 07:52 PM
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Walk.....there are better choices.
Old 03-23-2010, 11:52 PM
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Originally Posted by soon2b954
I would walk on this one.

What is CPO?

Certified pre-owned vehicle?
Old 03-24-2010, 12:13 AM
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in some cases, salvage titles are issued once the car is repaired..
Old 03-24-2010, 01:35 PM
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I didn't see where it said it was CPO... also I would walk on that one. The TL is not a rare car and a quality CPO with a clean title with no accidents shouldn't be hard to find... I traded my last car in after an accident where there was less than $8000 in damage on a two year old car... Within the month that I got the car back the tranny went south, the cd and nav unit failed, the car got an exhaust leak and then the last straw was a gas leak... I traded to the Acura dealer with all the info that I had on the car, and after the car went to auction they found frame damage that wasn't reported by the insurance or the body shop... I would always stay away from any used car with an accident history... With all the people that do short term leases these days, its pretty easy to find a quality, clean well maintained car out there... Keep looking
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