how much does a salvage title lower the value

Asked by Oct 15, 2016 at 08:20 AM about the 2007 Chrysler Sebring 4 Dr Touring

Question type: Shopping & Pricing

just body damage to the rear end,completely repaired,no engine,or axle
damage,rides great

3 Answers

222,185

Depends on how well done the repairs where completed. I personally would not purchase a salvage title car, especially a Chrysler Sebring. Plenty of clean ones available for probably around the same cost. There is no set amount lower to pay for a car like this. I would only purchase it if you can get it cheap enough and you plan on driving it into the ground, because you will have the a similar issue selling as you will have buyers lowballing you.

1 out of 1 people think this is helpful.
39,445

I would consider a salvage title vehicle, but I would need to have documented proof of the damage and repairs. I would also either inspect the repairs myself or have a professional do it. I would not buy one with the expectation of trading it or selling it. I have no idea how much the value is lowered on a 2007 Sebring, but would not be surprised if it was 50% or more.

2 out of 2 people think this is helpful.
1,910

Even though it was minor damage, it's still a salvaged Dodge. A 2007 Sebring isn't worth much anyway, but add that salvage title to it, regardless of how well it was repaired, and you might have trouble giving it away.

3 out of 3 people think this is helpful.

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