Trade my 7 for an NSX with rebuilt title?
#1
Trade my 7 for an NSX with rebuilt title?
Anyone know anything about a rebuilt title compared to a salvage title? I might have an opportunity to trade my 7 for an nsx with a rebuilt title. Blue book value for the nsx was $32500 with a clean title. I am not sure what it would be with his rebuilt title. It was a theft recovery. Just about everything has been put back to normal. Also I am not really sure I want to do this since my 7 is my absolute dream car. I have spent roughly 36K (including price of car) on the car in a little over a year. Everything is just the way I want it and the exterior is easily top car show quality. I realize an NSX is in a higher league than an rx-7 but still am not possitive of what I want to do. Just wanted to see what you guys thought.
#2
I think rebuilt is just the fact that someone stole it and stripped it, then someone else put all the parts back on from another car. Salvage title means the car was wrecked and the damage was more then the blue book value, someone bought it cheap and fixed it cheaply.
What year and milage on the NSX?
What year and milage on the NSX?
#3
Hmm.. well first thing to consider is that a rebuilt title really means the car is worth about 1/2 blue book value, maybe a bit more. So IF something were to happen to it, and your ins. company paid out on it.. you would be looking at less than 20k easily I would think. Second, after putting so much into your 7 in terms of money and hard work.. why would you ever consider getting rid of it, especially since you say you just got it how you want. I am not sure that the NSX is in a higher league than an RX-7, depends which league we are talking about. I personally think the look of the NSX is an aging design, you will never get comparable power out of it (that is without a BIG wad of cash). Plus I see many more NSX's cruising around here than RX-7's by a long shot, they have become an everyday car for me. In the end you should go with what your heart is set on, I ditched my 500HP MKIII Supra to get an FD.. simply because I just loved it that much. And lets be honest, the MA70 Supra is a POS.
Matt
93 touring
Matt
93 touring
#4
94 nsx with 72k miles on it. I also have 72k miles. When I said different league I meant the overall status of the car. I love my 7 but I just don't believe that a $37,000 car and an $80,000 car (both when new) are in the same league. I agree that the style of the nsx is starting to age a little but it still looks incredible in my book and just the simple fact that I would be rolling in a rare exotic makes me consider the trade. I know the nsx wouldn't handle like my 7 or wouldn't be close to as fast but if I had it I don't know if I'd really care all that much. I would definitely keep it stock. I see about the same amount of 7's as I do nsx's...about none, and I live 2 minutes outside the Hamptons. About the rebuilt title..the guy told me that it is not like a salvage title and the insurance will give you full value for the car in case it was totalled or stolen. He might just be telling me that to push the trade along but that is what he said. Don't worry, I would never do this deal w/o finding out absolutely everything first. He does seem slightly anxious to get rid of his car which makes me wonder a little. About that Supra..what is a MA70?...is that the same as mkIII.
#5
nah..if your car is the way it's descibed...no way.
I just saw a red NSX...rolling and lowered on Fikse FM/10s...and yes they look nice...but being rebuilt it's worth HALF of that 32K...like someone said..20 if you are lucky...
I just saw a red NSX...rolling and lowered on Fikse FM/10s...and yes they look nice...but being rebuilt it's worth HALF of that 32K...like someone said..20 if you are lucky...
#6
Originally posted by mjw
Plus I see many more NSX's cruising around here than RX-7's by a long shot, they have become an everyday car for me. In the end you should go with what your heart is set on,
Plus I see many more NSX's cruising around here than RX-7's by a long shot, they have become an everyday car for me. In the end you should go with what your heart is set on,
anyway, back to the original point... A quick search on the net brought up the difference between a salvage title and a rebuilt title.
A salvage title is what you get when your car is totaled. A salvage title cannot be driven on public roads until you fix it, get it inspected and have your title upgraded to a "rebuilt" title. So, in essense, they're the same thing.
from the Alabama transportation dept:
A vehicle deemed a total loss ("totaled") by an insurance company results in the issuance of a salvage title for the vehicle. It becomes a "salvage vehicle" and CANNOT be driven on the highways or have a valid license plate. It can be sold ("AS IS") to an automobile rebuilder to be used either for parts or to be restored ("rebuilt"). If restored, it must be inspected and ultimately a "rebuilt title" will be issued for the vehicle. A rebuilt vehicle with a rebuilt title CAN be driven on the highways.
If a salvage vehicle is retained by the owner, the owner must: (1) obtain a rebuilder's license so that he/she can legally restore the vehicle; (2) restore/rebuild the salvage vehicle "to the condition that existed before" the damage that totaled it; and (3) have it inspected by the Department of Revenue Automobile Inspection Section to make sure that the salvage vehicle is completely restored and that it contains no stolen parts.
Anyway... I wouldn't get a car that's been rebuilt. I wouldn't trust the structural integrity and would question if everything was put back exactly the way it should be so that the performance isn't effected.
edit: Just to clarify, a salvage title can be the result of more than just a collision. From Mass. DMV:
A salvage vehicle is any title bearing vehicle that has been declared a total loss from Fire, Vandalism, Collision, Theft or Flood.
Last edited by BrianK; 02-08-02 at 08:13 PM.
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#9
Basically yeah the point of "rolling in a rare exotic" would probably be attention. Whats the point of buying a Ferrari? Whats the point of buying a C5 porsche for 70-90k when you can easily make an Fd faster and handle better for like 18k?
#11
Originally posted by widebody2
Basically yeah the point of "rolling in a rare exotic" would probably be attention. Whats the point of buying a Ferrari? Whats the point of buying a C5 porsche for 70-90k when you can easily make an Fd faster and handle better for like 18k?
Basically yeah the point of "rolling in a rare exotic" would probably be attention. Whats the point of buying a Ferrari? Whats the point of buying a C5 porsche for 70-90k when you can easily make an Fd faster and handle better for like 18k?
I love my FD, but if I had a chance for an even up trade on an NSX, I would do it in a heart beat. I've thought of trading in my FD on one, but seeing as my FD is paid for, I don't want to deal with another car payment right now.
widebody2, I would be hesitant of a rebuilt title. Just as cautious as we instruct people who are interested in purchasing FD's, it really should be applied to any used car. If you can get the car checked out and everything is fine... do it, if that's the car you want..
#13
I would be seriously considering it to, if I were him..but then again, he has a lot more invested in his car.
I think I would pass on it..maybe if you took the body kit off, then traded it to him it might be worth it.
I think I would pass on it..maybe if you took the body kit off, then traded it to him it might be worth it.
#14
"I used to have one"
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From: dallasDALLAS dallasDALLAS dallasDALLAS dallasDALLAS dallasDALLAS dallasDALLAS dallasDALLAS dallasDALLAS dallasDALLAS
2 months after i bought my 7 i had a chance to get a NSX for 20K, but i didnt because i loved my 7, its ur choice..CHOOSE WISELY!!
#16
he ended up buying a 1991 nsx with 155k miles and a new motor for $20,000.....its a honda, so it will run forever.
As far as a NSX vs. a RX-7, everyone has different tastes. If you like the NSX better than the seven, then keep your eyes open for a good deal. It doesn't look like you'd be getting a good deal in this case due to the title. Like Majik said, take the same advice we give people who are considering a 3rd gen. Take the time to research the vehicle and wait until you find the right car. Either way you'll have a nice and fairly unique car.
#17
If you get the NSX and when you want to get rid of it you may have a hard time with the title issue. How many people will be turned off by an expensive car with a shady history???? And who knows what REALLY happend to the car to put in the state of rebuild title the guy selling may never tell you the truth he just wants to make a sale. Choose wisely i would keep your RX-7.
#18
In five years, if you still want to find a NSX, you won't have a problem locating a nice one for a decent price. Once the updated NSXs hit the market, the price on the current ones should also take a hit. In the meantime, your cherry (I'm assuming) RX-7 will become more and more rare. IMO you will have a much easier time finding a nice NSX later than a nice FD, so there is no need to rush into it now.
Also, let's say you do get a NSX now. When the updated ones come out, are you going to be pissed that you've got an older, slower, less desirable model? If you hesitate answering that question, then you have your answer-- don't get one now.
Also, let's say you do get a NSX now. When the updated ones come out, are you going to be pissed that you've got an older, slower, less desirable model? If you hesitate answering that question, then you have your answer-- don't get one now.
#20
What is the difference between driving a mid engine and a front engine car?? I think it would be preety kool to roll up to my school in an NSX.. That would be sweet.. I personaly think the 7 looks better but each to there own. Chaz pointed out a good point about why was the engine replaced if its a honda?? What really happened?
#21
I like the looks of the NSX, for the most part. I'm not a big fan of the rear end but I've seen some wings that make it look *awesome.* If I had the chance to get a NSX (clean title) for 20k I'd definitely jump on it.
I am a BIG fan of the FD, I think the NSX is a bit more practical. (Yeah, an exotic is more practical in this situation!) They handle just as good as a FD, look pretty damn good, and run 13's stock.
The only thing I'd be concerned with is the insurance.. I'm sure insuring a known exotic that retails for $90,000 new would be a bank breaker, and what about replacement parts? I don't think a door panel or fender would be very cheap... someone correct me if I'm wrong. Maybe they were so mass produced for so many years that the parts aren't that expensive.
I am a BIG fan of the FD, I think the NSX is a bit more practical. (Yeah, an exotic is more practical in this situation!) They handle just as good as a FD, look pretty damn good, and run 13's stock.
The only thing I'd be concerned with is the insurance.. I'm sure insuring a known exotic that retails for $90,000 new would be a bank breaker, and what about replacement parts? I don't think a door panel or fender would be very cheap... someone correct me if I'm wrong. Maybe they were so mass produced for so many years that the parts aren't that expensive.
#22
C'mon guys...if any of you had the chance to ****** up an NSX I guarantee that you'd take it in a heartbeat. It's a beautiful design, well built, reliable, exotic, and performs very well. Widebody, I take it that you don't actually track your FD a whole lot if at all...so then the slightly lower performance of the NSX shouldn't even be an issue to you. I mean how many of us really get to use our cars for what they can do on a regular basis? Basically do what you want to do. If the car checks out good and you think it's the right way to go then I say go for it. I'd personally be a little wary of a savage titled car, but I suppose it really depends on how well it was rebuilt. Your FD sounds killer by the list of mods in your sig so I can definately understand your hesitation though. Good luck either way
#23
If my car was pretty much stock to lightly modded...I might jump...but with what I have into it and the love for the FD overall....
Forget about it...you know how hard it is to find a Silver FD in great condition...
Forget about it...you know how hard it is to find a Silver FD in great condition...
#24
I'd trade my FD in a flash for the chance to own an NSX. I love my RX-7, but something about the NSX is just plain awsome. I can promise you that if you went to a car show and parked next to an NSX, more than half the people would flock to the NSX, and I mean stock for stock. And about the horse power issue with the NSX, hell any monkey with a bunch of money could go buy a rustang and make it faster than a Ferrari. But the thing is, a Mustang and a NSX aren't in the same class, and I hate to say it, but an RX-7 and NSX aren't in the same class. Honda didn't price the NSX close to 90k for nothing.
#25
If you are SERIOUS about wanting a NSX, my business partner has one for sale in Dallas. 1991 Acura NSX, 41k, black, creme interior. Absolutely Perfect. $35000 cash. Please don't email me if you are 15 and broke, don't like the price, or don't like Hondas . I'm only the messenger.
Email the owner eoglesby@oh-design.com for info.
Email the owner eoglesby@oh-design.com for info.