Old Aug 19, 2016 | 10:36 PM
  #7 (permalink)  
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Franc Rauscher
Senior Member
Joined: Mar 2008
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From: St Louis MO
Default Re: Rare 2003 mercedes slk 32 amg 350hp stock convertible roadster 81k mi

Originally Posted by performanceisland
I want to be very clear because a lot of people do not understand what a big difference there is between a salvage and rebuilt title. The vehicle was NOT sold with a SALVAGE TITLE!!! It had an Illinois rebuilt title. The vehicle had a prior salvage history, as it was totaled and previously issued a salvage title by the insurance company, but my company already completed the process of rebuilding the vehicle and applying for a rebuilt title.

A rebuilt title is the same as a regular title for ALL registration purposes and insurance purposes.

Salvage title vehicles cannot be registered OR legally driven until the vehicle is properly repaired, then passes inspections and finally gets a rebuilt title which can only be obtained using a licensed vehicle rebuilder, and proof of repairs, etc. Mine already had gone through that process which at times can be long and complicated and the new buyer already registered the vehicle with no problems.

These rules vary slightly from state to state, just like totaling threshholds (25%, 50%, 75% of damage etc).

Furthermore there is a lot more title types then just simply, salvage, rebuilt, original, but I wont get into that.

Sold for almost $11K. Keep in mind the vehicle was in tip top shape, no mechanical issues whatsoever, lots of maintenance done, so the buyer doesn't have to spend money on maintenance or repairs which is very common when buying a used vehicle. $1500-$2500 on a used amg mercedes easy if the vehicle maintenance was neglected.

That sold fast! I didn't have a chance to win a lottery in time. Oh well.


Glad it sold to someone who will appreciate the great deal they got. Thanks for listing it here. Despite the detractors, who were just being cautious, we appreciate the listing.