2003.5 E46 M3 SMG super rare color combo, very rare condition low miles WOW!!! - Page 2

Jmar213 · 08-12-2012, 02:06 PM

I know your only trying to help, and I thank you for taking the time to help educate us all on what to expect during the process. Thanks again!

Jmar213 · 08-17-2012, 01:38 AM

Bump for a great car, at a great price!!!

SiR · 08-17-2012, 09:46 AM

nothing wrong with salvage (depending) but zc911 is spot on.

you cant just buy this and flash some papers at the border and be on your way. theres much more involved.

though very good deal for someone willing to go pick it up

Jmar213 · 08-18-2012, 01:48 AM

I would imagine that applies to any vehicle being brought into a foreign country for the fist time, not just a salvage one.

Eurostyle · 08-18-2012, 02:11 AM

Quote:

Originally Posted by Jmar213

Again, WHAT EVER IS NEEDED I CAN PROVIDE,NO WORRIES.

In Ontario, in order to go from Salvage to Rebuild you need the original insurance estimate, pictures from all sides of vehicle (at damaged state), bills of all the parts used to fix it, with VIN#'s of all used parts (if any), name and location of shop doing the work, and a "structural safety" certificate (inspection) when the car is fixed.

All of this may not apply to a car already fixed, but if title shows as Salvage, they might still ask for it!

Jmar213 · 08-19-2012, 03:14 AM

I have been in the salvage business for over 19 years and have never heard of a "structural safety certificate" this is not used here in the states, can someone please elaborate on this document? Also, my car had ZERO frame damage, and no deployed airbags. Even the cooling system is original and was unharmed, so will this mysterious document still be required??? Thank you in advance....

propr'one · 08-19-2012, 09:18 AM

^^yes, you will still need a structural safety certificate. AFAIK this costs about 300$.

Jmar213 · 08-19-2012, 12:55 PM

Did a quick google search and found nothing other then one or two other forums simply mentioning this process/ form. No information on what exactly the process is, who performs it, and where to have it done. Regardless, this is something that will need to be once imported, not here in the states, as there is no such requirement here, nor any place to have such an act performed. I read on a Porche forum (1 of the ones I found mentioning this document) that this certificate cost him $50 in 1-2012, and was done by some shop in BC. All he needed was the wheel alignment spec sheet/print out??? I don't know, again this document is all foreigners to me. But let's move forward as this is a small minor detail that the buyer and myself can discuss when need be......... Thanks guys.

Eurostyle · 08-23-2012, 02:02 AM

It has nothing to do with the damage on the car, it could be as simple as a broken window or a scratch...In ONTARIO, to go from Salvage to a Rebuild title you need this "inspection". They are very strict about it, and if you dont have all the paperwork, including estimates, pictures, bills, etc...they might not license it...

zc911 · 08-23-2012, 08:48 AM

^ %100 true fixed or not

cisco911 · 08-23-2012, 09:58 AM

What people are saying about value of the car is true. The car looks like it is in great shape and worth every penny. However, you also have to look at it from a purely financial point of view. A car that has a rebuilt title will always be worth less than a car that doesn't have a rebuilt title assuming same condition. Unless a seller can prove that the damage was minor, a potential buyer will be worried as to what the actual damage was. It could be minor or it could have taken a completely new front clip...or maybe it was water damaged (which is almost impossible to detect). These are all the things that a buyer will have on his mind and will lower the price of the car due to the potential for costly repairs down the line and because when they have to resell th vehicle later on, they will also have to sell to people that will have the same mindset. I'm not saying this is the case for your car, but that is the logic from a buyer's point of view.

Also, why would an insurance company write off a car than needs so little work? Bumper, fender, and hood plus paint might come to like $2-3K. That is minimal compared to the actual value of the vehicle.

ha9981 · 08-23-2012, 10:43 PM

Quote:

Originally Posted by cisco911

What people are saying about value of the car is true. The car looks like it is in great shape and worth every penny. However, you also have to look at it from a purely financial point of view. A car that has a rebuilt title will always be worth less than a car that doesn't have a rebuilt title assuming same condition. Unless a seller can prove that the damage was minor, a potential buyer will be worried as to what the actual damage was. It could be minor or it could have taken a completely new front clip...or maybe it was water damaged (which is almost impossible to detect). These are all the things that a buyer will have on his mind and will lower the price of the car due to the potential for costly repairs down the line and because when they have to resell th vehicle later on, they will also have to sell to people that will have the same mindset. I'm not saying this is the case for your car, but that is the logic from a buyer's point of view.

Also, why would an insurance company write off a car than needs so little work? Bumper, fender, and hood plus paint might come to like $2-3K. That is minimal compared to the actual value of the vehicle.

It is never only 2-3k in the eyes of insurance companies. Moreover, this could have happened when the car was work 60k. No shop would have even touched it for insurance covered repairs for less than 10k.

cisco911 · 08-24-2012, 12:47 PM

Quote:

Originally Posted by ha9981

It is never only 2-3k in the eyes of insurance companies. Moreover, this could have happened when the car was work 60k. No shop would have even touched it for insurance covered repairs for less than 10k.

What makes you say that no shop would have touched it for less than $10k? If they quote to fix it is less, why would the shop not do the work?

I don't see an insurance company paying a customer $60k for the car when they can fix it for less than 10K, especially if the airbags didn't deploy and there is no frame damage. Isn't the rule of thumb 25% of the value of the vehicle or if there is frame damage or airbag deployment?

ha9981 · 08-24-2012, 12:53 PM

Quote:

Originally Posted by cisco911

What makes you say that no shop would have touched it for less than $10k? If they quote to fix it is less, why would the shop not do the work?

I don't see an insurance company paying a customer $60k for the car when they can fix it for less than 10K, especially if the airbags didn't deploy and there is no frame damage. Isn't the rule of thumb 25% of the value of the vehicle or if there is frame damage or airbag deployment?

Simply because they are crooks when it comes to taking money from insurance companies. Try getting any BMW world even the e46 and have a look at the markups. Also consider they will replace a headlight if the lense is scratched or bulb is gone. Also consider this is an M3

Jmar213 · 08-25-2012, 10:51 PM

Guess no one can explain the process/ details of this certificate everyone's talking about. My "for sale" posting seems to have taken a turn towards repair shop policies rather then the task at hand...