Info on seized vehicles?

[jimmygates]

I was jusst browsing the classified section on the net and I come to a dealer who sells a 1996 Honda Accord for $600. No doubt that I was shocked at the price as 1996 Honda's still sell for $15k. I immediately call the dealer and they inform me the car is a "seized" car. Now I'm wondering, how bad is a "seized" car? For $600 I think I would still buy that car as long as that car drives. Also what's the difference between a seized car and a salvaged car? I love Honda Accords (Especially 95-97) so I think it's a steal at $600. But I would like you guy's info on this. Thanks




-Jimbo

 

[warcleric]

probably a scam, they probably dont have the car and want you to pay for information on how to get a car like this for a price like this....which doesnt really exist.

 

[Sonic625]

Just go to the dealer and find out what it looks like, Miles, Etc.. Usually they have phsyical defects on the car, but who knows. Seeing is believing or something like that.
Thanks,
Sonic625

 

[jimmygates]

Well I've been looking around and it seems like Seized Vehicle auctions are common in many states. I'm just wondering about the condition of the vehicle and the title. For instance I see a car that has a salvaged title but is in perfect condition. What is the meaning of salvaged title and why is it so bad? Also, anyone participated in one of these seized vehicle auctions? Thanks



-Jimbo

 

[warcleric]

in most states a vehicle with a salvage title cannot be registered without a state mandated inspection to the vehicle.

 

[MrBond]

I always wondered what condition the cars were in too. I mean are there bullet holes? Will I find a kilo of cocain under the spare tire when I'm changing it one day? Is there a spare gastank with a valve to drain the "gas" if the cops start chasing you?

 

[jimmygates]

warcleric: Pardon my ignorance but what exactly does salvaged title mean?


Sonic625: I'm going to see if I can take a look at the car. Supposedly the car is a Black 1996 Honda Accord EX w/ 48000 miles.



-Jimbo

 

[warcleric]

It means that at one time during its life it was considered to be damaged beyond repair by an insurance company. When you hear someone say their car was totalled, it means the insurance company took the car paid it off as a total loss and gave it a salvage title, and probably sold it to a scrap yard.

 

[jimmygates]

Thanks for the info Warcleric. Now do seized vehicles have a clean title or history? I hear alot of the vehicles are cars impounded and the owner never went to go pick up the car. So in most cases the cars have no major problems with them. Somone enlighten me



-jimbo

 

[rahvin]

You won't find any good deals on seized vehicles. The local car dealers go the auctions and bid everything up to market value. Anyone claiming to sell a $15000 car for $600 is trying to scam you.

 

[Windogg]

Watch "World's Wildest Police Videos" on FOX. If you see the vehicle on TV, don't buy it. Watch out for any "loose Oregano," "Powdered Sugar," or "Cranberry Juice Stains."

 

[jimmygates]

LOL....if I see any powered sugar, I'd be rich...lol



-Jimbo