hey lvc, new to the site and fords in general, i found this 2002 LS v8 with 28,000 miles yes under 30k for 1500 bucks has a salvaged title it was t boned, and fixed and i nearly can not see any of the old damage, it did have bags pop, so the car was all fixed, is 1500 bucks a good price? it needs tires and a alighnment. paints not perfect (its sat 4 years after it was fixed) snow caved in the roof this winter so paint cracked, so will need paint touch up to be perfect, other than that it looks and drives like a 30k car, is it worth $1500
How Much is this LS V8 worth?
- Thread starter DAG
- Start date
1LoudLS
Dedicated LVC Member
something doesn't add up here, a car that has been in any accident would have had way more than 1500 dumped into it to have it repaired. hell just one airbag will cost 1500, especially if it is a seat side air bag
if the car is as good as you say it is, then yes that is a hell of a deal.
if the car is as good as you say it is, then yes that is a hell of a deal.
mikeskustomfab
Well-Known LVC Member
sounds fishey to me since it was t boned and it now needs an allignment and tires. sounds to me like the car isnt fixed properly. then you say snow caved in the roof? and craked the paint? i for one have never in my life heard of snow caving in a roof on a car and if it craked it sounds like ther is some mud on the roof. then you say its sat for 4 years after being fixed? why? that alone throws up a red flag. personally id pass on the deal.
They probably fixed it had it aligned and got new tires but the whole car is still off. Check the tires on the car to see if they're worn oddly. They were probably driving it but saw the tires wore unevenly, so they just let it sit and are now trying to get rid of it. Honestly I'd pass.
diskfunktional
Dedicated LVC Member
Salvaged titles are always a pass in my book. Unless you have multiple vehicles and wouldn't need to rely on it.
ATrom
Dedicated LVC Member
With less than 30k miles, I think it's a good deal. See if you can get the price down even more
diskfunktional
Dedicated LVC Member
A-trom you have any pics of your LS?
jdmans101
Well-Known LVC Member
something doesn't add up here, seems to good to be true and why would you let it sit for years after putting money into fixing it. Seems to me they are just selling it cheap to put the headache on someone else. But who knows, maybe you came across a good deal but have it checked out better.
jmtiseo
The Peanut Gallery
I don't know if anyone would agree, but for $1500 could he buy it and sell parts off of it and eventually make a profit off of it? That's the only reason I'd buy it if it seems like a plausible thing to do.
scjmc
Dedicated LVC Member
Just to let you guys know I bought my LS 6 years and 110K ago with a salvage title. It was repaired right with the exception of some paint defects. When I bought it though the KBB was 26K and I paid 12K for it. Hopefully the roof "cave in" isint really accident damage. The entire roof of my car was replaced when it was repaired.
01continental
Well-Known LVC Member
Salvage cars are (sometimes) OK. I've seen a couple with great repairs but, plan on keeping it for life. Most likely some quirkier problems than most LSs have already.
hite337
Hite Performance
Damn, I'd buy the 30k engine from you for $1500 and you can keep the rest of the car
G-RELL
FULLY DIPPED LS
+1
if its going to be your daily driver. i'd pass. 4 years is a long time for it to sit outside. with the work you'll need to put into it. i'd find a higher mileage one somewhere else.
30K or not, its still a almost 10year old car. if it sat for 4 years. that means it only got 5k miles a year before that. not alot, then it sat (not driving it and letting it sit outside can do as much damage if not more as driving it)... part it, or pass. plenty of 02's out there for under $5,000. if thats to much, then u probably dont want to by an LS anyways do the the extensive repairs you might encounter.
let us know.
1LoudLS
Dedicated LVC Member
salvage cars (if repaired propperly) are great for projects when your pretty much going to gut/chop/or modify the hell out of it, or just use as a beater car.
well if your seat bag blows, you usually need to replace the entire seat, it rips right out the side of the seat.
ATrom
Dedicated LVC Member
disfunctional , give me about a month and I'll be posting some pics. Right now I'm working on doing the angel eyes and I'll be adding exhaust cut outs and color matching the side skirts, rear bumper lip, front grille and rear surround within a few weeks. Oh, and I need to throw some eibachs on yet.
Throwback420
Active LVC Member
I got a 2002 LSV8 with 42k miles salvage for $3800
inside just needed a couple small parts which i bought door handle, glove box, ac vent
has some small dents besides that paint looks real good.
car runs like a champ tho, really good.
inside just needed a couple small parts which i bought door handle, glove box, ac vent
has some small dents besides that paint looks real good.
car runs like a champ tho, really good.
Travis2000LS
Well-Known LVC Member
The situation sounds like a 40 year old hooker.. I wouldnt touch it. Just sayin
Travis2000LS
Well-Known LVC Member
Nope, Ill pass.. Rather buy a car with Mechanical Problems then Body Damage.. Tis my case lol.
Bought mine for 2500$ tax tag title.
Needed New Torque Converter, Timing chain Tensioner, Secondary Timing Chain (Still need to replace lol ), and Some TLC. A little buffing, Waxing, and Some Interior Steam cleaning and what not. Looks like a champ. And Runs pretty well. Also had to replace the Hydraulic fan actuator..
All in all. About a 4500$ car. Pretty happy with her.
OH and new Windsheild. Havent replaced it yet either lol.. 100$ from my glass man. Just to lazy to go get it done.
Bought mine for 2500$ tax tag title.
Needed New Torque Converter, Timing chain Tensioner, Secondary Timing Chain (Still need to replace lol ), and Some TLC. A little buffing, Waxing, and Some Interior Steam cleaning and what not. Looks like a champ. And Runs pretty well. Also had to replace the Hydraulic fan actuator..
All in all. About a 4500$ car. Pretty happy with her.
OH and new Windsheild. Havent replaced it yet either lol.. 100$ from my glass man. Just to lazy to go get it done.
wellim gonna have to put some pics up the car is a smokeing deal the persone who it came from who got hit was "very very well off" he got a 120k ls v8 with motor issues was gonna switch the motors and have a clean title car again, well he somehow got a caddie and never went back to ford again has have a new caddie very couple years, my friend got both ls for free! and here we are i have the salvaged one. ill get a pic, and YES this is a great deal, car is so nice and the allignment is good now. heres a pic
Well i got it and it was a great deal. the tbone was not a tbone. it was a suv backing in to the drivers side doors rear door sill. it bent the upper rear a pillar, not bad at all the gut said. the person it came from is a multimillionaire, thats why i got the deal really. i only buy chevy trucks and honda cars. but this is a nice car. i got this cause he got a caddie. i will always be a honda kid but i do like the car so far. its got 27,988 miles. im gonna post a few pictures later.