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Steffen999
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Why the salvage title? I would have a reliable mechanic check this baby out very good! What trim level is this?
Salvage Title? A salvage title means the vehicle has been totaled by the insurance company. I would never purchase a vehicle with a salvage title. Insurance companies don’t give money away money,and if they total a vehicle it’s because it has extensive damage. A lot of these salvage titles are vehicles that have been in floods, the body looks perfect they are low mileage meanwhile every electrical connection in the vehicle has been underwater usually salt water, it’s nothing but a ticking time bomb. Run don’t walk away from this!
First read this, and check out all of this…
Salvage Titles
Then I would run away unless the cost is like $5,000 and you’re a mechanic that can repair extensive damage yourself, and even then I would check your State laws as sometimes you may have difficulty registering it.
Salvage Titles
Then I would run away unless the cost is like $5,000 and you’re a mechanic that can repair extensive damage yourself, and even then I would check your State laws as sometimes you may have difficulty registering it.
Fair warning, if you acquire a vehicle with a branded title (salvage, flood, lemon, etc) you will be absolutely stuck with that vehicle with little to no recourse in the event that it has any issues whatsoever. Also your prospects for selling the vehicle are extraordinarily low unless you personally find someone who's willing to buy it with full disclosure on your part of the fact that it has the branded title. Most reputable car businesses refuse to accept a branded title vehicle as a trade-in or as a vehicle that they will purchase, if they do that raises a lot of red flags in my mind about how they choose to operate their business. Many automotive businesses will refuse to even work on the vehicle for repair and maintenance because they can potentially put themselves in a spot of liability that they will be on the hook for any potential problems that arise that may, in reality, have nothing to do with any actions that they themselves were involved in.
I personally view buying any vehicle with a branded title as throwing money down a hole and hoping for the absolute best results with no assurance that you'll get anything other than a loss of your money and a worthless asset that you cannot rid yourself of easily should things (in all likelihood) go awry. I have extensive experience in the car business and I can literally only think of one person then I'm aware of that bought a vehicle with a branded title and had good long-term results but came to find out years later that they were literally stuck with that car and there is nothing that they can do about it.
I personally view buying any vehicle with a branded title as throwing money down a hole and hoping for the absolute best results with no assurance that you'll get anything other than a loss of your money and a worthless asset that you cannot rid yourself of easily should things (in all likelihood) go awry. I have extensive experience in the car business and I can literally only think of one person then I'm aware of that bought a vehicle with a branded title and had good long-term results but came to find out years later that they were literally stuck with that car and there is nothing that they can do about it.
This might just end up in a lesson titled:
How to turn $25k into $50k (the wrong way)
Run Forrest Run...
How to turn $25k into $50k (the wrong way)
Run Forrest Run...
Just doing a very quick nationwide search on CarGurus for Passports under $30K and with less than 50,000 miles, it appears there are about 25 certified pre-owned Passports, another 40 or so Passports that are non-CPO, but still for sale through authorized Honda dealers, and another 90 or so from private parties or private dealer lots. $25,500 for a salvaged Passport?? As others here have said, run from this one!
I think this is the Passport you are looking at: https://en.bidfax.info/honda/passpo...ssport/14591139-honda-passport-sport-2021-silver-35l-vin-5fnyf7h24mb009503.html
I looked up the license plate to get the vin#, then searched that. Appears that the airbags didn't deploy.
I looked up the license plate to get the vin#, then searched that. Appears that the airbags didn't deploy.
Looks like on the driver side, the side curtain airbag deployed. It doesn't look that bad. OP, could have a 3rd party estimator do an inspector.
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I had a 1 year old Ram once that was “almost” totaled. It came in just under whatever valuation level they wanted. They repaired the car in full. The thing never drove right again, the AC would randomly shut off and not work, and other kinks. They can make a car look the same, but inside all kinds of parts in minor bends in steel they don’t catch can haunt you forever. I sold the car within a year after that because it may have looked perfect, but was so so not healthy.
Since it sounds like you really want to buy this Passport. The auction site listed the car as "starts". That means the damage was severe enough that it wouldn't move on its own. There could have been major unibody damage. Do you trust that the damage was fixed correctly? Did they even replace the side curtain airbag? You can't tell just by looking. The seller should supply you with a list of purchased and repaired items. Then you need to take it to an independent mechanic you trust and have them go over the repairs that were done. It won't be free but at least you will have the benefit of someone hands on looking at the repairs. If they won't give you a list....run away....
My .02 worth.
My .02 worth.
Passports are not "rare" they are still being made and there's a decent supply of used ones out there. Cars are expensive high ticket purchases for most of us. Even it it was a smoking hot deal, I don't think it would be worth the risk, at least not for my money.
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ADMIN: Deleted copy of Spammers post
I agree completely with everything everyone else said above, buying a salvage title vehicle is a dangerous pursuit.
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However, the vehicle you are interested in buying is the only instance that I will advise that a buyer should proceed...with loads of caution. The reason I said that is because the reason this Passport was written off is because of hail damage. I pulled it's recent history and the only obvious damage is pitting on the body and a smashed windscreen (and maybe moonroof) courtesy of hail stones. See attached pre repair pictures.
Now you should be aware of a couple of things if you are still interested in the car.
1. This vehicle has certainly been repainted and from the pictures you attached I'm not convinced the body shop got the Sonic Gray Pearl right.
2. Most people who are in the business of restoring and selling salvage title cars are doing it to make maximum profit and a lot are not particularly ethical so there could be several things that they cut corners on while fixing this car. Case in point is the windscreen (and maybe moonroof) replacement, if it's not done by a top end shop you will get water leaks. Driving aids also need to be calibrated after replacing the windscreen. Are you sure if any of these was done? The state the people offering this Passport for sale left parts of the interior of the car in gives me some concern that they might have taken care of just the barest minimum, you didn't post the picture but mud from the salvage yard is still all over the cargo tray and cargo area in the picture on their website. Who paints a car but fails to clean the interior?
3. I've seen people buy a fully restored salvage vehicle that seems to have only a minor damage before it was restored only to discover that they needed a new transmission a few months after purchase. And that was because the salvage yard and the initial buyers did not follow the manufacturers directive for towing the vehicle while it had no power, they dragged it around and chewed up the transmission gears. So don't be taken in by the glitzy new paint, you need a Honda tech to do an extensive inspection of the vehicle before jumping into it.
4. Finally, $31,900 is too much to pay with all the risks involved.
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I agree completely with everything everyone else said above, buying a salvage title vehicle is a dangerous pursuit.
.
.
.
However, the vehicle you are interested in buying is the only instance that I will advise that a buyer should proceed...with loads of caution. The reason I said that is because the reason this Passport was written off is because of hail damage. I pulled it's recent history and the only obvious damage is pitting on the body and a smashed windscreen (and maybe moonroof) courtesy of hail stones. See attached pre repair pictures.
Now you should be aware of a couple of things if you are still interested in the car.
1. This vehicle has certainly been repainted and from the pictures you attached I'm not convinced the body shop got the Sonic Gray Pearl right.
2. Most people who are in the business of restoring and selling salvage title cars are doing it to make maximum profit and a lot are not particularly ethical so there could be several things that they cut corners on while fixing this car. Case in point is the windscreen (and maybe moonroof) replacement, if it's not done by a top end shop you will get water leaks. Driving aids also need to be calibrated after replacing the windscreen. Are you sure if any of these was done? The state the people offering this Passport for sale left parts of the interior of the car in gives me some concern that they might have taken care of just the barest minimum, you didn't post the picture but mud from the salvage yard is still all over the cargo tray and cargo area in the picture on their website. Who paints a car but fails to clean the interior?
3. I've seen people buy a fully restored salvage vehicle that seems to have only a minor damage before it was restored only to discover that they needed a new transmission a few months after purchase. And that was because the salvage yard and the initial buyers did not follow the manufacturers directive for towing the vehicle while it had no power, they dragged it around and chewed up the transmission gears. So don't be taken in by the glitzy new paint, you need a Honda tech to do an extensive inspection of the vehicle before jumping into it.
4. Finally, $31,900 is too much to pay with all the risks involved.
I would never buy a vehicle with a salvaged title. I knew someone that “fixed” BMW’s that were totaled and sold them with salvaged titles. It’s your money but if your smart you will run away from it.
It is not only your money but your family's life riding on that salvage title. Not a wise decision IMHO...and the resale value will not be great with that title plus you may find it harder to sell later on. The pictures are fantastic, but you might consider passing on it unless you can get accident reports to verify the level of the damage, what was replaced/repaired, if factory parts were utilized and who did the repairs.
Don't walk away from this one, run away. Salvage titles generally cut the value of the vehicle by at least half and usually far more. Resale value will be virtually nothing later on. The price asked is ridiculously high. It's the old "shiny" principle in action.
You don't say why the vehicle has a salvage title. Was it due to a wreck? With the high amount of flooding CA experienced a few months back is it a water damage salvage? For a 2022 wreck salvage there had to be significant damage to warrant the vehicle being totaled. With a water damage salvage, they are just never right, you are looking at future rust issues as well as electrical issues. It is far too expensive to strip the vehicle of all electrical wiring, harnesses, fixtures etc, so the salvage is a good drying out followed by a good clean up.
Either way, you are looking at buying someone else's problem.
You don't say why the vehicle has a salvage title. Was it due to a wreck? With the high amount of flooding CA experienced a few months back is it a water damage salvage? For a 2022 wreck salvage there had to be significant damage to warrant the vehicle being totaled. With a water damage salvage, they are just never right, you are looking at future rust issues as well as electrical issues. It is far too expensive to strip the vehicle of all electrical wiring, harnesses, fixtures etc, so the salvage is a good drying out followed by a good clean up.
Either way, you are looking at buying someone else's problem.
And one other thing, many lenders won’t give a loan on a salvage title and many insurance companies won’t insure them.
Stop. Don't buy this salvaged Honda.
State Farm, totaled out one of my cars, then paid me $17,500, and sold it (the wrecked car) back to me for $3,000 (approx. 20%).
The value of a 2022 Honda Passport EXL with 21,000 miles is $ $35,900.
Someone bought this wrecked Honda, for about $7,000, fixed it and painted it.
When you compare the asking salvaged price $31,900 vs the approx. $7,000 purchase price...either there was tens of thousands of dollars of damage or tens of thousands of dollars in profits to be had.
Either way, the best of the salvaged cars are only worth 40% of their clean titled car counterparts.
In this case this salvaged Passport is only worth $14,360 and good luck finding an insurance to insure it.
Besides, Craigslist is not a safe place to look for nor to purchase a vehicle. Either you make a cash advance payment and they never show up with the car or you show up with cash and the take your cash from you.
State Farm, totaled out one of my cars, then paid me $17,500, and sold it (the wrecked car) back to me for $3,000 (approx. 20%).
The value of a 2022 Honda Passport EXL with 21,000 miles is $ $35,900.
Someone bought this wrecked Honda, for about $7,000, fixed it and painted it.
When you compare the asking salvaged price $31,900 vs the approx. $7,000 purchase price...either there was tens of thousands of dollars of damage or tens of thousands of dollars in profits to be had.
Either way, the best of the salvaged cars are only worth 40% of their clean titled car counterparts.
In this case this salvaged Passport is only worth $14,360 and good luck finding an insurance to insure it.
Besides, Craigslist is not a safe place to look for nor to purchase a vehicle. Either you make a cash advance payment and they never show up with the car or you show up with cash and the take your cash from you.
I have purchased 3 motorcycles with salvage titles. The rule for purchase is to find the fair market value of same motorcycle with a clean title and then take 50% off -- that is the price for a motorcycle with salvage title. Also know that a vehicle with salvage title usually will not be touched by a dealership. Finally -- only purchase the vehicle if your intent is to drive it until the wheels fall off. NOTE: The price you are looking at is WAY to high. WALK AWAY !!
Unless you know the unknowns by being the original owner the rest is hearsay IMO. Money is one thing. Safety is another. Would you let someone you love drive this? I wouldn't even if it was free. There are plenty of used 20's and 21 for sale at that price level and IMO there are still unknowns with used.
No telling how many gremlins are running around between headlights and taillights! Don't do it!
Some insurance companies won't insure salvage vehicles and some states won't allow them to be registered.
Even if the price was outstanding (this one's way too high), and it was only totaled out due to hail damage but was otherwise mechanically sound, it seems like too much of a potential headache to be worth dealing with. I'd look elsewhere.
Even if the price was outstanding (this one's way too high), and it was only totaled out due to hail damage but was otherwise mechanically sound, it seems like too much of a potential headache to be worth dealing with. I'd look elsewhere.
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