2005 chrysler crossfire convertible roadster srt-6 super low mileage only 7k miles !!
Re: 2005 chrysler crossfire convertible roadster srt-6 super low mileage only 7k mile
Adding to Rpaczan's post, If I remember correctly, various states have their own requirements for titles that have some kind of 'emphasis' on them. A 'rebuilt' title in one state vs a 'rebuilt' title in another, have differing requirements (and I believe some states may not let you register it). Now, this all comes from a place deep in my mind that may be wrong (even though those deep places are more often right). If I was thinking of purchasing a car with a rebuilt title, I would check in-depth with both my current insurance company and current DMV. Future moves may or may not also come into play. An old saying 'caveat emptor' has a good application in this case (again, I believe it warrants mention and checking).
I am not sure if this is accurate as of today, but people that have purchased vehicles from me in the past with a rebuilt title have stated that they received a regular CLEAN title in the state of MICHIGAN, from what they said that state does not have a rebuilt designation, and it defaults to regular title. There used to be several states that did this in the past, and shady dealers would by cars with salvage titles from the auction and WASH them in other states without having to go through the rebuilding process, inspections, and other requirements, this supposedly has been eliminated.
In any case, you can see the title history of any vehicle by running a carfax.
Furthermore State Farm will loan money on, insure with full coverage or any coverage you want, and will value the vehicle the same as a non rebuilt equivalent, I know from experience, I had a vehicle claimed once that already had a rebuilt title, and they told me what they valued it at and there was no deduction for rebuilt, they did not even factor that in. Other insurance companies have varying policies, but it is not hard to insure or register a vehicle that has a rebuilt title. Unless you are on SR22 insurance through Eagle Man, in which case you shouldn't be driving a nice crossfire srt-6 anyway. LOL
In any case a buyer should check with their insurance company and their state DMV, it's a good idea to be familiar with your states rules and procedures.
Re: 2005 chrysler crossfire convertible roadster srt-6 super low mileage only 7k mile
Are you a DEALER?
Re: 2005 chrysler crossfire convertible roadster srt-6 super low mileage only 7k mile
Re: 2005 chrysler crossfire convertible roadster srt-6 super low mileage only 7k mile
I do give you kudos for being such a good sport about this whole post. Many would have taken their ball and went home by now. I genuinely wish you good luck with your sale. You seem to be on top of your game. And the car is nice as well.
James
James
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Re: 2005 chrysler crossfire convertible roadster srt-6 super low mileage only 7k mile
I thought I said this? Anyway, in a nutshell, (as a buyer) all corners of this (proverbial) box should be covered. Not everyone deals specifically with 'State Farm' and although the car can be registered in any state (as you point out as factual), I suggest there may be a few more hoops a potential owner has to jump through to get it done. I also believe I remember (from another post maybe) that this hoop jumping may have an additional cost associated in getting the registration validated in states that do have any additional requirements on their books (laws). I believe the general term is called 'Title Branding', with further breakdowns linking why said title is 'branded'. I would not buy a vehicle at a premium price if the title was branded for any reason. In my opinion its value is diminished by its history. Good luck with the sale!
Good reading ( https://en.wikipedia.org/wiki/Vehicle_title_branding )
Good reading ( What is a rebuilt title or a salvage title? | CarInsurance.com )
Re: 2005 chrysler crossfire convertible roadster srt-6 super low mileage only 7k mile
I agree the OP is being a very good sport with everyone kicking him in the shins for the title blemish, but how does no one else question the previous owner being 7 foot tall???? no way does a 7 footer even attempt to try to sit in one of these cars, i've seen the Shaq commercials, I don't believe he fits in the buick and we all saw what happens when he sits in the red convertible cartoon corvette with his shoulders above the windshield.
Re: 2005 chrysler crossfire convertible roadster srt-6 super low mileage only 7k mile
I agree the OP is being a very good sport with everyone kicking him in the shins for the title blemish, but how does no one else question the previous owner being 7 foot tall???? no way does a 7 footer even attempt to try to sit in one of these cars, i've seen the Shaq commercials, I don't believe he fits in the buick and we all saw what happens when he sits in the red convertible cartoon corvette with his shoulders above the windshield.
Anyone seriously interested in the vehicle make me an offer, I put $25K as asking price based on what I have seen sell with super low mileage, but I will work with anyone on the price if they are truly interested in the vehicle, feel free to shoot me an offer, I am a reasonable person, it's a bit hard to judge what it's actually worth, so don't feel like you don't want to make an offer cause you think I am asking too much, instead if you want it, make me an offer, no matter what it is, worst I'll say is no thanks. BTW it's getting listed locally this week, thanks.
Last edited by performanceisland; 10-01-2016 at 05:07 PM.
Re: 2005 chrysler crossfire convertible roadster srt-6 super low mileage only 7k mile
Good luck with sale! Higher sales prices only encourage a new found value with all our Crossfires. Unfortunately, $25 going to be a tough sale with a "Rebuilt" title, which has an unclarified definition behind it.
There are three SRT convertibles up in Green Bay Wisconsin, all in mint condition, no paint flaws, no front end lower chin scrapes, all three under 11k miles, no rebuilt or salvage titles. All three have been sitting at the dealership for two years or better now, ranging in price from $25-26k.
These vehicles have exceeded the 10 year mark. Lenders are going to be hard pressed, insurance company's are going to require gap insurance, since lenders create loan value based off 80% of KBB, NADA, etc..., with a clean title.
As I mentioned initially, good luck with sale, this is definitely a supply and demand vehicle someday, just a matter of when.
There are three SRT convertibles up in Green Bay Wisconsin, all in mint condition, no paint flaws, no front end lower chin scrapes, all three under 11k miles, no rebuilt or salvage titles. All three have been sitting at the dealership for two years or better now, ranging in price from $25-26k.
These vehicles have exceeded the 10 year mark. Lenders are going to be hard pressed, insurance company's are going to require gap insurance, since lenders create loan value based off 80% of KBB, NADA, etc..., with a clean title.
As I mentioned initially, good luck with sale, this is definitely a supply and demand vehicle someday, just a matter of when.
Re: 2005 chrysler crossfire convertible roadster srt-6 super low mileage only 7k mile
Well, you are trying.... I will give you that. I think the one locally went for 22k, but not sure. That's just where the auction ended. His title was a clean as the car. I have a black modified roadster. Although you have to look for the mods...lol. I have about 30K in it. It does the quarter in the high 11's. Drives beautifully. No scatches no dings. New tires. Just a few small blemishes on the rims. I wouldn't take 21,500 for it. So hang in there.
Re: 2005 chrysler crossfire convertible roadster srt-6 super low mileage only 7k mile
Last price drop since I am starting to get a lot of interest locally. $17,500 for the members here.
Re: 2005 chrysler crossfire convertible roadster srt-6 super low mileage only 7k mile
[QUOTE=Rpaczan;874640]Ok, so do you know the reason for the rebuilt title? Pick one:
Unknown Reason for Rebuilt Title
Estate Sale
Theft
Seizure
Stolen Parts
water damage
Fire damage [QUOTE]
I have suspicion it was a flood car, I friend of mine gets cars from ins co, ,example right after Sandy hit N.J. he had over 1300 new cars that were flood reported, now some were up on a hill and received no water damage, others had water only to the middle of the wheels, while most had water over the seats. they all get rebuilt titles. we had over 50 cars in our shop to just change the oil check everything and send them back to my friend which sells and /or sends them to the auction ,, I almost got a ridgeline,rebuilt title, with 21 miles on it for 18000. also looked at a prius with 36 miles on it for 15000 My friend says to me stay away from mercedes if it was a flood car because the electronics never get fixed, crossfire is mercedes,,,, jim
Unknown Reason for Rebuilt Title
Estate Sale
Theft
Seizure
Stolen Parts
water damage
Fire damage [QUOTE]
I have suspicion it was a flood car, I friend of mine gets cars from ins co, ,example right after Sandy hit N.J. he had over 1300 new cars that were flood reported, now some were up on a hill and received no water damage, others had water only to the middle of the wheels, while most had water over the seats. they all get rebuilt titles. we had over 50 cars in our shop to just change the oil check everything and send them back to my friend which sells and /or sends them to the auction ,, I almost got a ridgeline,rebuilt title, with 21 miles on it for 18000. also looked at a prius with 36 miles on it for 15000 My friend says to me stay away from mercedes if it was a flood car because the electronics never get fixed, crossfire is mercedes,,,, jim
Re: 2005 chrysler crossfire convertible roadster srt-6 super low mileage only 7k mile
This was NOT a FLOOD vehicle, Illinois has STRICT rules on flood cars, and you will GET a FLOOD branded title even if they think it came from a flood state, other special requirements also apply.
This is NOT the case here. I've bought several cars from the insurance auction with NO damage on them whatsoever and had to obtain a rebuilt title anyway, I have also gotten FLOOD vehicles from auction before and they are CLEARLY branded FLOOD and we have to follow a slightly different process and additional checks by the state.
I do not know the exact reason, but no paintwork, no mechanical damage, no flood, no hail damage, etc. You just have to let it go and get past it, it is what it is, for those of us that have extensive knowledge and experience buying vehicles at auction, we know you can buy cars there with absolutely no damage on them, and in most states you will not get a clean title, Illinois is terrible with their process, and has no way of getting past this. If a claim has been paid on the vehicle for whatever reason, and the insurance company took it for a loss, that's it, in Illinois its a rebuilt title at best. period. No matter what paper work you have to prove otherwise, no matter what inspections you go through, it sucks, but that's what it is.
I'll give an example:
A dealer lot has cars parked in it, it snows and a plow has to plow the lot, the plow hits several cars on the lot, from real bad to a minor scuff on the last one, well the dealer can have a policy on those parked cars that covers any and all damaged cars for full value, or maybe the owner of the dealership sues the plow companies insurance and gets them to cover all the full values of the vehicles, or all as a one lump sum but all the cars go to the insurance company, there is thousands of scenarios that can end up with a claim paid on a vehicle, yet the vehicle have minor or no damage at all, theft for example, car is recovered after the insurance pays the owner, now car is theirs, they don't want any liability with the sale plus they want to take a loss on taxes, so they sell it at auction, write off the loss on bottom line. I can go on and on. Maybe the adjuster just took a tally of every car damaged and marked it as a loss as part of the whole claim.
With my crossfire one thing I noticed is that the soft top had the window falling out when I bought it, and some of the seems coming loose, the top alone if you had to pay for it could be anywhere from $3000-$5000 depending on who does the install, not too mention if they thought the hydraulics were bad too, I did have to repair two cylinders as well, to me it all seemed like just wear and tear, and a common problem that you can read about on this forum, so I acted under the warranty to get it repaired. maybe that was the damage they saw and claimed, maybe they thought something happened to it in the parking lot, walked out and the top was messed up, I do not know, privacy laws wont allow the insurance company to let me have the claim. But I know who does have it, the original owner of the vehicle certainly knows exactly what happened, if you can find out who that is you can ask them, I do not know who it was, there was no insurance cards or any previous owners info in the car and insurance wont tell you do to privacy laws.
We don't know what kind of insurance was on the vehicle either. Some entities can have specialized insurance to cover other instances, or maybe it was claimed under a homeowners policy or a commercial building policy and not a vehicle policy, who knows.
This is NOT the case here. I've bought several cars from the insurance auction with NO damage on them whatsoever and had to obtain a rebuilt title anyway, I have also gotten FLOOD vehicles from auction before and they are CLEARLY branded FLOOD and we have to follow a slightly different process and additional checks by the state.
I do not know the exact reason, but no paintwork, no mechanical damage, no flood, no hail damage, etc. You just have to let it go and get past it, it is what it is, for those of us that have extensive knowledge and experience buying vehicles at auction, we know you can buy cars there with absolutely no damage on them, and in most states you will not get a clean title, Illinois is terrible with their process, and has no way of getting past this. If a claim has been paid on the vehicle for whatever reason, and the insurance company took it for a loss, that's it, in Illinois its a rebuilt title at best. period. No matter what paper work you have to prove otherwise, no matter what inspections you go through, it sucks, but that's what it is.
I'll give an example:
A dealer lot has cars parked in it, it snows and a plow has to plow the lot, the plow hits several cars on the lot, from real bad to a minor scuff on the last one, well the dealer can have a policy on those parked cars that covers any and all damaged cars for full value, or maybe the owner of the dealership sues the plow companies insurance and gets them to cover all the full values of the vehicles, or all as a one lump sum but all the cars go to the insurance company, there is thousands of scenarios that can end up with a claim paid on a vehicle, yet the vehicle have minor or no damage at all, theft for example, car is recovered after the insurance pays the owner, now car is theirs, they don't want any liability with the sale plus they want to take a loss on taxes, so they sell it at auction, write off the loss on bottom line. I can go on and on. Maybe the adjuster just took a tally of every car damaged and marked it as a loss as part of the whole claim.
With my crossfire one thing I noticed is that the soft top had the window falling out when I bought it, and some of the seems coming loose, the top alone if you had to pay for it could be anywhere from $3000-$5000 depending on who does the install, not too mention if they thought the hydraulics were bad too, I did have to repair two cylinders as well, to me it all seemed like just wear and tear, and a common problem that you can read about on this forum, so I acted under the warranty to get it repaired. maybe that was the damage they saw and claimed, maybe they thought something happened to it in the parking lot, walked out and the top was messed up, I do not know, privacy laws wont allow the insurance company to let me have the claim. But I know who does have it, the original owner of the vehicle certainly knows exactly what happened, if you can find out who that is you can ask them, I do not know who it was, there was no insurance cards or any previous owners info in the car and insurance wont tell you do to privacy laws.
We don't know what kind of insurance was on the vehicle either. Some entities can have specialized insurance to cover other instances, or maybe it was claimed under a homeowners policy or a commercial building policy and not a vehicle policy, who knows.
Last edited by performanceisland; 10-20-2016 at 03:03 PM.
Re: 2005 chrysler crossfire convertible roadster srt-6 super low mileage only 7k mile
I found out something interesting today in talking to BMW service regarding air bag recall and my girlfriend's salvage titled BMW 325i. He stated "salvage title" voids all manufacturer warranties... including recalls.
Re: 2005 chrysler crossfire convertible roadster srt-6 super low mileage only 7k mile
I saw your pictures and did as you suggested trying not to drool. I succeeded. No drooling. Your car needs at least $3-4,000 worth of upgrades to be complete as we know an SRT6 to be complete.
Re: 2005 chrysler crossfire convertible roadster srt-6 super low mileage only 7k mile
What are the upgrades to make it complete? After, what is your estimate of value given salvage title? $15,000.
Re: 2005 chrysler crossfire convertible roadster srt-6 super low mileage only 7k mile
As far as the recall goes, they are supposed to fix the recall by law no matter what unless they can prove that is the component you replaced or somehow tampered with or damaged. It's just an excuse, if you had a good contact at the dealer the issue would have not even come up, or it wasn't a recall but a tsb or some other campaign, or if they read the airbag computer and its locked from an accident event etc, that would be a reason to not do it. Just like emmissions warranty still applies do to laws. Different manufacturers have different policies on how to deal with those situations as well.
my crossfire already had a rebuilt title when i went to the dealer to do the top repair, which was a customer satisfaction campaign, not an actual recall, but had to do with safety, and they saw the title status cause they tried to by the vehicle from me right there and then AND RAN HISTORY ON IT, they loved it so much, even so it had a rebuilt title, they did it with no hassle.
Finally a dealer can be an ***, and not do it, and then you have to sue them to get results, which usually is not worth the hassle especially if you cant handle the case yourself and need an attorney, btw i have experience suing a manufacturer too (FORD) and won. Ive even been to a few arbitrations with FORD before I filed suit, and won there too but still didn't get what i thought was right so I sued later, the case was about warranty on the vehicle.
Re: 2005 chrysler crossfire convertible roadster srt-6 super low mileage only 7k mile
Some people prefer an UNMODIFIED all stock vehicle.