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Author
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Topic: How far would you guys go on a salvage title fox?
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N8
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Member # 6048
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Just curious how far would ya'll go on restoring and fixing up a salvage title fox. I just picked my son up salvaged title LX. He is pretty gung ho about it and has already used his own money to order a carpet kit, lock set and some small stuff. I know there is the pride in ownership and he is using his own earned cash to fix it up (with my help). But I am wondering if at some point I should step in and tell him to stop putting cash into it because of the salvage title?
Posts: 11638 | Registered: Sep 2005
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1FAST89GT
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Member # 5071
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i pulled out of my 89 salvaged and parted it out keepin the drivetrain do not get too deep u will never get your money out of it
Posts: 4915 | From: VALLEJO | Registered: May 2004
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Luke87GT
Lay'n more stripes
than Caltrans
Member # 21
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posted
If your son is eager to learn about cars, I would encourage him to work on it.
We never get back what we put into these cars, and that is especially true for salvaged cars.
For me, the only way I buy a salvaged car is if it costs 50% of what I would pay for a clean title car (with everything else being equal). Also, I would avoid putting too much dough into it unless I was ready to remove that parts and return the car back to stock before I sell in the future.
The buyer pool for salvaged cars is small, but it grows as the price drops significantly. Just be prepared for that. ![[patriot]](graemlins/patriot.gif)
[ December 28, 2009, 01:20 PM: Message edited by: Luke87GT ]
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Stangless
Posts: 7802 | From: San Mateo | Registered: Jul 2000
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N8
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Member # 6048
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quote:
Originally posted by 1FAST89GT:
i pulled out of my 89 salvaged and parted it out keepin the drivetrain do not get too deep u will never get your money out of it
Yea I know, but it is his and he is hella excited about it. Dont wanna douse the flames, ya know. But I do not want him to go overboard either.
Posts: 11638 | Registered: Sep 2005
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N8
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Member # 6048
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posted
quote:
Originally posted by Luke87GT:
If your son is eager to learn about cars, I would encourage him to work on it.
We never get back what we put into these cars, and that is especially true for salvaged cars.
For me, the only way I buy a salvaged car is if it costs 50% of what I would pay for a clean title car (with everything else being equal). Also, I would avoid putting too much dough into it unless I was ready to remove that parts and return the car back to stock before I sell in the future.
The buyer pool for salvaged cars is small, but it grows as the price drops significantly. Just be prepared for that.
He basically got it for free. Lee towed it to us, so he is in it for tow charge so far basically. I figure I may throw some paint on it, grab a good interior and go from there. It has really low miles too. But yea his is eager to learn and do for himself.
Posts: 11638 | Registered: Sep 2005
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fr5.0
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Member # 8652
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it dont matter you cant take it away now, you already gave him his first car if you do take it it will haunt you forever!!!!
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MAGA
TRUMP TRAIN!!!!
Posts: 2913 | From: sacramento | Registered: Sep 2008
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N8
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Member # 6048
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quote:
Originally posted by fr5.0:
it dont matter you cant take it away now, you already gave him his first car if you do take it it will haunt you forever!!!!
good point...I didnt plan on taking it. but just informing him not to put too much into it. But I dont wanna do that necessarily, dont wanna cheapen his experience or lessen his excitement.
Posts: 11638 | Registered: Sep 2005
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essasin
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Member # 4741
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The momment we modify our cars it is already a bad investment and even if he puts 1k or even 10k into the car it's for our enjoyment, bonding time for you and your son, and it's a learninbig experience. You can't really put a price tag on that.
I know have poured a ton of money on my first car/mustang. I know I can't get what I put into it but I'll never sell it. Finacially, I looked at is as... I could either be using my extra money going to bars,clubs, movies, traveling, but instead I chose to put it on my car. I only use rainy day money and never dip into savings or credit cards.
Posts: 2402 | Registered: Jul 2004
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73 on DUBS
Car thief associate!
Member # 5677
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let him have some fun with it!
salvage is ok as long as it doesn't
have major frame damage like front end going
left and rear going right. if its stolen recovery who cares it his first FIFTY.
jus let him know if he decides to sell he might not get full price unless he builds a bad ass fox then someone mite cough it up, but then again he aite gonna wanna sell this one, his first love jus let him have fun i know its killing you cause u know better but your pops just guide him threw the build as you would do it jus my .02 ![[Razz]](tongue.gif)
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you r not ready!!!! -H$$-
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Juan Moralas aka Julienn Morales aka 73 on DUBS accompliced by his brother Ben Moralas aka Benjamin Moralas aka bnmrls aka benmorales94025@yahoo.com of Menlo Park (408)431-3020 / (650)271-2509 pictured here is a member of the East Palo Alto car theft ring called High Speed Specialist aka HSS aka H$$ which has loose Norteño gang ties. Be suspect of Ben Morales / Juan Morales and their EPA criminal H$$ affiliates. They've been spotted at various car shows, 7th street, and Sacramento Raceway.
This thief affiliated High Speed Specialists group is **NOT** related to the legit drag racing group under the same name out of Oakland.
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STOLEN Mustang SALEEN FOUND AT "73 ON DUBS" FAMILY'S HOUSE
Known Car Thieves: BEWARE
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Posts: 672 | From: da LO | Registered: May 2005
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2BlueGeeTees
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Member # 4702
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Mustangs aren't usually the best first car. I say as long as he respects what a car like that even in stock form is capable of doing and he is safe with it the car will be a great experience. Also he must no the value of the car versus what he will be putting into it must be worth it to him as far as it making him happy. Good luck to him always great to have a newcomer to our great hobby
Posts: 2316 | From: Vacaville | Registered: Jul 2004
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BULLITTMAN
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Member # 8468
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I don't see anything wrong with letting him put money into it, because he can always find a clean titled fox later and swap the good stuff onto that one...
One thing to keep in mind is, I don't think you can get full coverage on a salvage titled car...so God forbid but if it gets stolen, he will not be able to recover anything which will be a double disappointment for him.
[ December 28, 2009, 03:05 PM: Message edited by: BULLITTMAN ]
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R.I.P Little Bro Willie Guzman (5LTRSVT) 4/24/87 - 11/23/12
01 Bullitt #3102 Stroked and blown
Built and tuned by Shaun at AED
14 Fiesta ST
Posts: 1354 | From: San Jose | Registered: Jun 2008
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N8
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Member # 6048
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quote:
Originally posted by 707vibrantcobra93:
Mustangs aren't usually the best first car. I say as long as he respects what a car like that even in stock form is capable of doing and he is safe with it the car will be a great experience. Also he must no the value of the car versus what he will be putting into it must be worth it to him as far as it making him happy. Good luck to him always great to have a newcomer to our great hobby
Yea he is my second oldest. My oldest gets the Cobra. So I have 2 kids that are into stangs. My 3rd inline for a car wants a Mini Cooper ![[Mad]](mad.gif)
Posts: 11638 | Registered: Sep 2005
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N8
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Member # 6048
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posted
quote:
Originally posted by BULLITTMAN:
One thing to keep in mind is, I don't think you can get full coverage on a salvage titled car...so God forbid but if it gets stolen, he will not be able to recover anything which will be a double disappointment for him.
extra good point there. Even in its current form, the first mods are all the theft proctection I can throw at it. Kill switches, alarm, removable steering wheel...blah blah..
Posts: 11638 | Registered: Sep 2005
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2BlueGeeTees
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Member # 4702
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N8 if ur kids r anything like u respect for the cars won't even be an issue. I would just set a limit as far as where is too far to go with the car because it is a bad economy and thieves don't give a damn about ur hard earned money
Posts: 2316 | From: Vacaville | Registered: Jul 2004
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50 Deep
Jockin 03 Cobras
Member # 6216
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I might give him a limit. And at which point tell him just to drive the car for a certain period of time before he goes dumping more money into it. Might also have him invest his money into the brakes, tires, suspension before you let him touch the motor outside of your basic tune-up/repair items. Fox's are poor in terms of handling the power they have stock. Plus it will give him a chance to learn to control what that car has. Seen a lot of wrapped up fox's from newer drivers.
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Signature Wheel Ford Representative
Email: Terrance@Signaturewheel.com
Instagram: @Signature_Wheel_Mustang
Web: www.SignatureWheel.com
Posts: 6043 | From: sacramento | Registered: Nov 2005
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N8
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Member # 6048
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quote:
Originally posted by 50 Deep:
I might give him a limit. And at which point tell him just to drive the car for a certain period of time before he goes dumping more money into it. Might also have him invest his money into the brakes, tires, suspension before you let him touch the motor outside of your basic tune-up/repair items. Fox's are poor in terms of handling the power they have stock. Plus it will give him a chance to learn to control what that car has. Seen a lot of wrapped up fox's from newer drivers.
yea the engine wont probably ever be modded. But yea the other stuff will definitely be taken care (brakes, chassis stiffening...). Plus there will be a trial period with the car where I will only let him drive certain places and he definitely has to keep his grade up. Or you WILL see it in the Ford Sale section...lol
Posts: 11638 | Registered: Sep 2005
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50 Deep
Jockin 03 Cobras
Member # 6216
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posted
quote:
Originally posted by N8:
quote:
Originally posted by 50 Deep:
I might give him a limit. And at which point tell him just to drive the car for a certain period of time before he goes dumping more money into it. Might also have him invest his money into the brakes, tires, suspension before you let him touch the motor outside of your basic tune-up/repair items. Fox's are poor in terms of handling the power they have stock. Plus it will give him a chance to learn to control what that car has. Seen a lot of wrapped up fox's from newer drivers.
yea the engine wont probably ever be modded. But yea the other stuff will definitely be taken care (brakes, chassis stiffening...). Plus there will be a trial period with the car where I will only let him drive certain places and he definitely has to keep his grade up. Or you WILL see it in the Ford Sale section...lol
Probably with no pics either
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Signature Wheel Ford Representative
Email: Terrance@Signaturewheel.com
Instagram: @Signature_Wheel_Mustang
Web: www.SignatureWheel.com
Posts: 6043 | From: sacramento | Registered: Nov 2005
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N8
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Member # 6048
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posted
quote:
Originally posted by 50 Deep:
quote:
Originally posted by N8:
quote:
Originally posted by 50 Deep:
I might give him a limit. And at which point tell him just to drive the car for a certain period of time before he goes dumping more money into it. Might also have him invest his money into the brakes, tires, suspension before you let him touch the motor outside of your basic tune-up/repair items. Fox's are poor in terms of handling the power they have stock. Plus it will give him a chance to learn to control what that car has. Seen a lot of wrapped up fox's from newer drivers.
yea the engine wont probably ever be modded. But yea the other stuff will definitely be taken care (brakes, chassis stiffening...). Plus there will be a trial period with the car where I will only let him drive certain places and he definitely has to keep his grade up. Or you WILL see it in the Ford Sale section...lol
Probably with no pics either
You know how we roll on CaFords... ![[worship]](graemlins/worship.gif)
Posts: 11638 | Registered: Sep 2005
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warhorse58gt
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Member # 7702
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n8. i'd let him go as far as he wanted with it.. as long as he knows he will never get anything close to what he put in it.. who cares... i understand from your point as father.. i wouldn't let my daughter fix up a pos that unsafe to drive.. but if she found a clean salvage car that she likes... why not..
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WOLFPACK RACING
With guns, we are 'citizens'. Without them, we are 'subjects'.
83gt 354ci sbf 9.40 @ 143
77 cobra 2 171ci 97hp of pure fury!
Posts: 4200 | From: 209 | Registered: Jun 2007
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racsirx
CAFords OG
Member # 1710
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Well, I had a few Salvage title vehicles over the years that I have dumped a ton of money into and I dont see it being a problem. I have a friend, who just dumped $10K into a salvaged 66 Impala and it is show quality, has won a few Trophies with it and has been offered double on his investment and the buyers knew it was a salvage title.
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88 Saleen #564
88 GT 331 NOVI2000
88 Coupe TURBO 9.75@142
95 Cobra R #75-SOLD
06 F250
13 BMW AH3
17 GT350 #5556
GOD'S NOT DEAD
Posts: 20750 | From: Concord & Pittsburg, CA | Registered: Aug 2002
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Luke87GT
Lay'n more stripes
than Caltrans
Member # 21
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posted
quote:
Originally posted by N8:
quote:
Originally posted by 50 Deep:
quote:
Originally posted by N8:
quote:
Originally posted by 50 Deep:
I might give him a limit. And at which point tell him just to drive the car for a certain period of time before he goes dumping more money into it. Might also have him invest his money into the brakes, tires, suspension before you let him touch the motor outside of your basic tune-up/repair items. Fox's are poor in terms of handling the power they have stock. Plus it will give him a chance to learn to control what that car has. Seen a lot of wrapped up fox's from newer drivers.
yea the engine wont probably ever be modded. But yea the other stuff will definitely be taken care (brakes, chassis stiffening...). Plus there will be a trial period with the car where I will only let him drive certain places and he definitely has to keep his grade up. Or you WILL see it in the Ford Sale section...lol
Probably with no pics either
You know how we roll on CaFords...
I am gonna be the first to LOW BALL your ass rofl!
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Stangless
Posts: 7802 | From: San Mateo | Registered: Jul 2000
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N8
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Member # 6048
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posted
quote:
Originally posted by Luke87GT:
quote:
Originally posted by N8:
quote:
Originally posted by 50 Deep:
quote:
Originally posted by N8:
quote:
Originally posted by 50 Deep:
I might give him a limit. And at which point tell him just to drive the car for a certain period of time before he goes dumping more money into it. Might also have him invest his money into the brakes, tires, suspension before you let him touch the motor outside of your basic tune-up/repair items. Fox's are poor in terms of handling the power they have stock. Plus it will give him a chance to learn to control what that car has. Seen a lot of wrapped up fox's from newer drivers.
yea the engine wont probably ever be modded. But yea the other stuff will definitely be taken care (brakes, chassis stiffening...). Plus there will be a trial period with the car where I will only let him drive certain places and he definitely has to keep his grade up. Or you WILL see it in the Ford Sale section...lol
Probably with no pics either
You know how we roll on CaFords...
I am gonna be the first to LOW BALL your ass rofl!
LMAO is was just joking with fasthatch about this last night. Mofo's gonna low ball anything I sell just because its me...
Posts: 11638 | Registered: Sep 2005
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asskickn88
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Member # 4957
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posted
I'd have him invest the money in safety stuff obviously and then anything above that I'd have him do upgrades that can be removed. If he decides later to change to a different car he can move some of the stuff with him or resell it to get some of the cash back so he doesn't loose a ton because of the title.
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Three 540 Bimmers and a 5.0 Explorer.... got a Ford back in the stable!
It's time for the country to do what Obama's own father did.
Abandon him.
Posts: 6069 | From: Rocklin, Ca | Registered: Oct 2004
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Jdub07
( O Y O )
Member # 2728
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I say just "advise" him, after that let him learn a lesson or two.
It wont make or break him or you if he dumps a few grand into it over a long period of time.
What can be gained? Time with pop, learning some in's and out's about cars, kickin himself in the ass for changin the rims three times, or exhaust four times, money management, priorites, etc.
In this case it could be a salvaged car or a new car...same question would apply.
Big picture Nate.
Posts: 7282 | Registered: Apr 2003
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djlopez916
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Member # 8787
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I wouldn't have him put a ton of money into it most people wreck there 1st car. My first car/stang lasted 6 months wasn't my fault tho got T bonned. But I had put a lot of money into a car that I pretty much just took a loss on.
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89 GT VERT work in progress
05 v6 stang
97 Ford expedition
Posts: 827 | From: South Sac | Registered: Dec 2008
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