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Buying a 2008 XKR Coupe w/salvage title

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  #21  
Old 12-19-2015, 08:08 PM
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Congratulations. Don't heed the naysayers' warnings about "if it falls apart." You made an excellent purchase. For cryin' out loud, you can't buy a five year old Camry for anywhere near that price. You could part out the car for more than $15K.
Enjoy!Enjoy!Enjoy!
 
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  #22  
Old 12-19-2015, 09:12 PM
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Originally Posted by tberg
Congratulations. Don't heed the naysayers' warnings about "if it falls apart." You made an excellent purchase. For cryin' out loud, you can't buy a five year old Camry for anywhere near that price. You could part out the car for more than $15K.
Enjoy!Enjoy!Enjoy!
Thanks for the encouraging words. I listen and process all the information and then make my decision based on my knowledge, experience and the fact that high reward only comes to those willing to take high risk.

If naysayers ruled, we'd still be walking and living off what we could hunt and gather.

Here's something else no one will believe. I've been looking for a great deal on a 2005-2008 XJR for the last few years. Well, this morning my daily Auto trader email had a 2006 XJR that's on my watch list. Price reduced from $13,500 to $12,500. The Jag is only an hour and a half away so I had to at least text the guy. He called me right back and after a few conversations I drove the just purchased XKR to check it out. It's a great car with a lot of recently new parts; alternator $900, one front air ride $850 and a new battery that he bought before realized it needed the alternator, so he’s also giving me the battery he took out. And let’s not forget the new key fob, Mina cat back exhausts (they look like new) that he pulled and put the originals back on. And then there’s the four 22 inch all black aftermarket wheels with new tires that he said made it ride harsh. It does need new front brakes, four tires and the struts for the hood. The cars is easily a 9. I left a deposit and picking up Monday.

Cars for Sale: 2006 Jaguar XJR in Altamonte Springs, FL 32714: Sedan Details - 412607267 - Autotrader

Merry Christmas, Happy Birthday 12/30 and Happy New Year to me!!
 
  #23  
Old 12-20-2015, 09:01 AM
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Looks like a good deal . I used to do something like that back 30 years ago knowing these cars were a bargain and still are. Now days I want a turn key car just to enjoy so I either buy new or something a few years old with low mileage. The only exception is my brides 89 Volvo which she won't part with . It's my job to keep this 355K mileage car on the road. The good thing is we have 3 other low mileage vehicles available to us. Have fun with the new ride.
 
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  #24  
Old 12-20-2015, 01:42 PM
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Originally Posted by David's XKR
I left a deposit and picking up Monday.
You seemed to be addicted to good deals!

Are you going to fix it up and resell or just accumulating?
 
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Old 12-20-2015, 02:21 PM
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looks sweet! don't ever tell anyone what you paid...let them think it was $100k!!!
 
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  #26  
Old 12-20-2015, 04:24 PM
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Default Don't mean to rain on your party, but...

Originally Posted by David's XKR
Flew into Nashville yesterday and 12 hours later I parked it in my garage in Fl. The car is beyond what I had hoped for. The interior is flawless. The exterior is a 9 with a few scratches. Pads and rotors all the way around are newly installed from the dealer. It will need tires soon. I’ve got both key fobs and all the books. Everything works. I can't believe the difference from my 2000, 2003 and 2006 XKR's. I’ve never got up close and personnel with the new generation until he picked me up at the airport. It's so much more comfortable and spacious. I always felt cramped in my XKR's and the seats were hard to get fully comfortable. Not the case with this XKR. The power and sound is amazing!!! The effortless acceleration on the highway was mind blowing, 80 to 130 happens in seconds. Point and shoot at any speed under full composure. Average MPG was 21 with a boat load of high speed driving. Small tank = lots of stops for gas. The owner isn't your average guy selling a salvage title car. He's been crewing for NASCAR and Sports car series for 20 years and has owned a lot of great cars, including he says a GT40. He had a donor car for the majority of the parts. For now I'm confident it was not in an accident and was a theft recovery as he stated. I have pictures before it was completed. I’ll post pictures and more later.





This has sustained major front end damage was repaired and sold for $14,500: VIN: SAJWA43C289B21872 - Jaguar : XKR XKR 2008 jaguar xkr coupe supercharged damaged wrecked rebuildable salvage 08
http://usedcarsfsbo.com/asp/Item.asp...=4%2F25%2F2015

Not a theft recovery. Cars like this are harder than sh...t to sell. I suspect the seller wanted to dump it because it was milking him for every penny. He obviously lied to you about the theft recovery. I wish you luck with the car.

Pictures before repair:
 
Attached Thumbnails Buying a 2008 XKR Coupe w/salvage title-0e9325ccae5bec91416fc4535c15db96f397fe22.jpg   Buying a 2008 XKR Coupe w/salvage title-02de19e5110040b9c51b2082bdf19972fef50120.jpg   Buying a 2008 XKR Coupe w/salvage title-3ff48aa75874331415c27fbbaa6045db57b0c834.jpg  

Last edited by DGL; 12-20-2015 at 04:31 PM.
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  #27  
Old 12-20-2015, 05:44 PM
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Originally Posted by DGL
This has sustained major front end damage was repaired and sold for $14,500: VIN: SAJWA43C289B21872 - Jaguar : XKR XKR 2008 jaguar xkr coupe supercharged damaged wrecked rebuildable salvage 08
VIN: SAJWA43C289B21872 - Jaguar : XKR XKR 2008 jaguar xkr coupe supercharged damaged wrecked rebuildable salvage 08

Not a theft recovery. Cars like this are harder than sh...t to sell. I suspect the seller wanted to dump it because it was milking him for every penny. He obviously lied to you about the theft recovery. I wish you luck with the car.

Pictures before repair:
Where did you find these pictures? All I could find was one from the back. That’s the price I found. I’m a little disappointed but not surprised. The first XKR I bought the guy told me among other things that he had the cam tensioners replaced. When I noticed a few things that didn’t add up, I pulled the covers and of course they were the original plastic ones. I replaced using the zip tie method. I sold the car a year later after putting 10000 miles on it and cleared $4k. If I had seen these pictures, I would have pressed the seller about it but most likely would have still gone and bought it for the same price. It’s still a great deal. I do believe he’s got $25k into it. I paid $500 more than he paid for the car in the pictures and I’ve got a running car that’s been inspected and can be sold and titled anywhere. So far it looks and drives great. I think I could sell it for $18k or even as much as $20k or $21k. It might take a month or so. This is what I love about this forum. I suspected someone would get me some facts. As for raining on my party. The party goes on and when I park this amazing work of automotive art and science in front of my office tomorrow, everyone is going to **** and hate me even more than they did because of my 2006 XKR Victory Edition Coupe. I don't think they really hate me, but some people think the boss shouldn't drive something way nicer than his employees. Not me, I worked hard and this is my passion and I always drive my cars.
 

Last edited by David's XKR; 12-20-2015 at 05:50 PM. Reason: typos
  #28  
Old 12-20-2015, 06:06 PM
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Someone did a dam find job!

I thought I would remove the black vinyl, but now I'm not sure. You see it on a lot of new cars.
 
  #29  
Old 12-20-2015, 06:28 PM
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David, the seller bought the repaired car for $14,500. I'm sure he put money into it after the repairs. I've repaired and sold a few almost new salvage cars over the past few years and they are extremely difficult to sell. I source my information from accounts and contacts I have in the auto industry. Most salvage cars pass through IAAI or Copart which are both unscrupulous in their business ethics. One needs to be exceptionally careful when buying branded cars because there are so many people dressing the cars up to hide the damage. Copart and IAAI even help with the dress up process to get a higher price from some poor guy thinking he bought a car with full history disclosed. I even receive calls from unscrupulous brokers trying to unload their garbage on me--but I know better. When buying any used car today it is buyer-beware. All salvage cars are not the same. A true theft recovery car with no damage is ideal and demands a premium and can be a real steal. On the other hand a severely damaged car not properly repaired can be a disaster. Although, there are a lot of clean titled cars around which have sustained major damage with no record to be found. As always be diligent when buying used cars and never take the sellers word as the truth without proper documentation. Anyone buying a salvaged car without verifiable before and after images including full repair invoices etc. is taking a big chance and will at some time regret taking short cuts--there are just too many untrustworthy people in the used car business and many other businesses today.
 

Last edited by DGL; 12-20-2015 at 06:30 PM.
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  #30  
Old 12-20-2015, 06:49 PM
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All looks good from the pictures, David. It's what you can't see from the pictures that I would be concerned with. For example, if the harmonic damper pulley is bent, even slightly and unnoticeably to the eye, it will destroy your engine from being out of balance. Other pulleys such as the SC pulley if bent or thrown off balance will destroy the add on component. The frame could be twisted off alignment etc. So so many things to consider. If I were you, although a bit late in the buying process, get the full history of the car: damage reports, who did the repairs, what parts were replaced and repaired, invoices etc. For all you know your right fender could be full of bond. Then again your car may have been properly repaired and luck fell on your side this time. Good luck and I hope you bought a properly repaired car. Now that you know some more about the car you bought call your seller and start gathering the information he should have given you before you bought it so when it comes time to sell it you have it.
 
  #31  
Old 12-20-2015, 07:22 PM
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Congrats Dave! You seem beaming happy and that's the way it should be. Hope this car turns out to be what you hope.
 
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  #32  
Old 12-20-2015, 07:25 PM
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Originally Posted by DGL
David, the seller bought the repaired car for $14,500. I'm sure he put money into it after the repairs. I've repaired and sold a few almost new salvage cars over the past few years and they are extremely difficult to sell. I source my information from accounts and contacts I have in the auto industry. Most salvage cars pass through IAAI or Copart which are both unscrupulous in their business ethics. One needs to be exceptionally careful when buying branded cars because there are so many people dressing the cars up to hide the damage. Copart and IAAI even help with the dress up process to get a higher price from some poor guy thinking he bought a car with full history disclosed. I even receive calls from unscrupulous brokers trying to unload their garbage on me--but I know better. When buying any used car today it is buyer-beware. All salvage cars are not the same. A true theft recovery car with no damage is ideal and demands a premium and can be a real steal. On the other hand a severely damaged car not properly repaired can be a disaster. Although, there are a lot of clean titled cars around which have sustained major damage with no record to be found. As always be diligent when buying used cars and never take the sellers word as the truth without proper documentation. Anyone buying a salvaged car without verifiable before and after images including full repair invoices etc. is taking a big chance and will at some time regret taking short cuts--there are just too many untrustworthy people in the used car business and many other businesses today.
What are you basing your assertion on that it was purchased already repaired. The link you have is the same one I found. The only picture is from angle that does not show the damaged area. The following seems to clearly show that it is being sold as a damaged vehicle. "2008 jaguar xkr coupe supercharged damaged wrecked rebuildable salvage 08"
The following is from the description: "This Jaguar has a California Salvage Certificate..." I'm no expert regarding California DMV practices. But my research shows that a Salvage Certificate is only issued to damaged repairable or unrepairable cars.
 
  #33  
Old 12-20-2015, 07:40 PM
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Here are pictures the seller sent me before I went to Nashville. They weren't very informative because the repairs had already begun. But his truck is in the background, that's what his neighbor drove to take him back home. And the house and surroundings in the background are his house. I googled his house before I left, I always like to see how my sellers live. So I don't see how be bought it repaired from California and then had it in the condition it was in the pictures at his house. I agree it appears he lied about the theft recovery and maybe a few other things. I also agree that there could be hidden damage that will cause the car to self destruct the next time I drive it. I don't think there's extensive frame damage due to how well it drives with no pull at all. I also put it through a grueling 600 mile trip home at speeds of 80 and many and I mean many bursts to 130 and above with no issues.






 
  #34  
Old 12-20-2015, 07:48 PM
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Originally Posted by Leeper
Congrats Dave! You seem beaming happy and that's the way it should be. Hope this car turns out to be what you hope.
Thanks. So far it is light years beyond what I expected. I still think my black on black 2006 XKR Victory Edition Coupe is one of the most beautiful cars ever made. The organic shape is something to behold. On the other hand I'm still processing what I think of the 2008. It's a much more complicated form that looks very muscular and technologically advanced. There's no doubt about the driving experience. The 2008 is in a whole another class than the 2006.
 
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Old 12-20-2015, 07:57 PM
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Great looking vehicle. Enjoy it.
 
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Old 12-20-2015, 07:59 PM
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Originally Posted by tampamark
You seemed to be addicted to good deals!

Are you going to fix it up and resell or just accumulating?
So far the only fixing up I see is 4 new tires. Maybe I will try to have a few exterior blemishes fixed. I will enjoy it for awhile, maybe a few months and then sell it. I'm a little worried about the very real possibility of a $1000 plus repair that comes with owning these high end cars. I always like to say, "I can afford to buy them, but I can't afford to own them." As far as accumulating goes. That's my wife's dream. She didn't like it when I sold my first two XKR's and is trying to keep the 2006.
 
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Old 12-20-2015, 08:52 PM
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It looks like your seller brought it damaged and repaired it for nothing for you. I'm not sure why he lied to you about the theft recovery; however, he did show you some pictures of what body panels he replaced. At first read I thought it was repaired when he bought it. I just hope he repaired it with pride. Based on your drive home and how the car performed you should be ok. I would still go over the car and check all the critical things that could cause problems. Seems like you got a good deal. Enjoy it! Keep it for a while and sell it if you're concerned about maintenance. I would think there are a lot of donor cars around the salvage yards so I wouldn't be too concerned about finding used parts and if you're handy with a wrench you should be fine. Enjoy your car, I think you will should do ok. As we all know, any car could fail us at any time. One thing you have on your side is you don't have to worry about depreciation. Selling your car to recover the $'s you have in it should not be a problem. Like some others said above the market is very small for branded titled cars, but for $15,000 this could be mute. Let it roar and enjoy it David.
 

Last edited by DGL; 12-20-2015 at 09:01 PM.
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Old 12-20-2015, 09:03 PM
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Originally Posted by DGL
It looks like your seller brought it damaged and repaired it for nothing for you. I'm not sure why he lied to you about the theft recovery; however, he did show you some pictures of what body panels he replaced. At first read I thought it was repaired when he bought it. I just hope he repaired it with pride. Based on your drive home and how the car performed you should be ok. I would still go over the car and check all the critical things that could cause problems. Seems like you got a good deal. Enjoy it! Keep it for a while and sell it if you're concerned about maintenance. I would think there are a lot of donor cars around the salvage yards so I wouldn't be too concerned about finding used parts and if you're handy with a wrench you should be fine. Enjoy your car, I think you will should do ok. As we all know, any car could fail us at any time. One thing you have on your side is you don't have to worry about depreciation. Selling your car to recover the $'s you have in it should not be a problem. Like some others said above the market is very small for branded titled cars, but for $15,000 this could be mute. Let it roar and enjoy it David.
Thanks again for the before pictures. Where did you find them. I didn't think I left any stones unturned.
 
  #39  
Old 12-20-2015, 10:25 PM
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David's XKR:

It would be interesting to hear what kind of hoops if any you had/have to go thru to get the car registered in Florida under a salvaged title.

Perhaps you can inform us and educate us on the process you are about to go thru.

Thanks in advance.
 

Last edited by richzak; 12-20-2015 at 10:27 PM.
  #40  
Old 12-21-2015, 07:44 AM
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Originally Posted by David's XKR
Thanks again for the before pictures. Where did you find them. I didn't think I left any stones unturned.

I get most of my information from contacts (management) at Copart and IAAI. Copart and IAAI both purposely disable and restrict access to previous or sold auction lots to its members; however, they remain on their systems for years. If you are interested in buying/selling salvage cars you need access to this historical data. Both Copart and IAAI purposely make data obscure and unavailable to present auction lots to fetch as much money from bidders as possible for short term gain. They both don't disclose historical auction data and history on lots even when they know it is material and meaningful to potential buyers. Over the past few years I bought several high end late model lots through Copart as a hobby business. I avoided several real disasters by having access to this historical and meaningful data--I mean REAL disasters that could have cost me well over $15,000/lot. I posted some of these auction lots, with unavailable historical data to auction members, on this form in the X150 section before. Very sad to say this because it makes the whole buying process skittish and very risky. I have repeatedly complained to the Auctioneers executives with no change. IMO it is poor and unethical business practice for short term gain to the detriment of long term growth, industry ethics and share holder value. Shame on the auction houses. Buyer-beware!
 

Last edited by DGL; 12-21-2015 at 07:59 AM.
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