Originally Posted by
JesseJamessrt6
Or this one
2006 SLK55 AMG Salvage for Sale from Copart
it says value 30K and repair cost 20k. Are they just trying to say if you invest 20k then you could sell for 30K? Minimum bid is $200 and bidding ends in 6 days with no bids so far.
Click on Actual Cash Value and this comes up.
Actual Cash Value
Actual Cash Value: Is the
estimated retail value of the lot as submitted to Copart by the seller. If the lot has been damaged, this is the value prior to the occurrence of the damage. Retail automobile values may be obtained from Kelley Blue Book (
kbb.com) and many other sources on the web. This number is presented for informational purposes only. We make no representations as to the validity or accuracy of the listed value. ALL VEHICLES ARE SOLD AS “AS IS - WHERE IS” ALL OFFERS ARE BINDING AND ALL SALES ARE FINAL.