solfly
solfly Dork
7/26/21 8:17 a.m.

May not really be ready yet but I was wondering if there was a learn me on copart? I looked a bit this morning, albeit before much coffee.

Also kinda wondering if anyone is near Birmingham, AL and would be willing to put eyes on a car, if that's even allowed.

2009 PONTIAC G8 GXP for Sale | AL - MOBILE | Mon. Jul 26, 2021 - Used & Salvage Cars - Copart USA

damage looks minimal in the pics, some concern about the LR door gap.

John Welsh
John Welsh Mod Squad
7/26/21 8:56 a.m.

Just to be sure, don't expect that this will sell for less than $6k bid and you might then have $7.5k or more into after paying fees.  A quick look on car-part.comshows that's a $2-5k engine.  Factor in an easy $2k for the trans and the junkyards will bid that car easily up to the more than $6k range.  After that you will have to fight off the JYs that specialize in performance parts and then fight off the body shops who specialize in rebuilding performance cars.  

Sure, retail on a car like that, when done will be $20k plus, if you can even find one.  

I just don't want you to go into this thinking you'll get that car on the road for a whole lot less than $12k.  Oh, and that is $12k in cash, due in full in 2 days and no one will finance a car that is not road worthy (still listed as totaled, net yet rebuilt and recertified with the state.)

solfly
solfly Dork
7/26/21 9:24 a.m.

Yeah, they're all $40k plus that I'm finding so $12k would be a steal, assuming it's not too badly thrashed.

Like I said I may not really be ready just yet but I thought it would be good to check out.

Appreciate the insight.

John Welsh
John Welsh Mod Squad
7/26/21 10:02 a.m.

$40k!!

Let me also add that I have not bought a salvage car since covid.  Mostly because I can wrap my head around the new market prices! 

My core message remains the same though in that you're gonna need a significant amount of immediate cash or at least a very open line of credit to buy. 

If you do, great.  

Does Alabama do sales to individuals or are you required to go through a broker? 

NOT A TA
NOT A TA SuperDork
7/26/21 10:17 a.m.

Looks like a trunk floor rear frame rail repair job. Hard to be sure in pics but looks like it might have had steering wheel airbag deployment also.

solfly
solfly Dork
7/26/21 12:00 p.m.

yeah you're right it does look like possible driver's air bag. what makes you think trunk floor damage? i've seen your work on here so i trust your judgement

John Welsh
John Welsh Mod Squad
7/26/21 12:25 p.m.

To me, the steering wheel airbag looks good.  The sensors for that would be in the front and there is no front impact.  I see no reason for the sensor to be triggered.  

For me, the damning thing looks to be what I highlighted in blue.  The real rear bumper is a silver metal bar covering in some black absorbsion plastic.  To me, on the driver's side it looks like the silver metal has moved in a way to distort the white vertical body panel.  It appears that the silver makes contact with the white.  On the passengers side, they do not make contact.  

Repair would be to strip down the whole back end and weld in panels then repaint.  Maybe some frame time too, at least to just check.  

Sure at $40k retail that shouldn't be a total but what does Geico see this car worth?  If just a normal policy that values your car at a market rate this probably values out just like a V6 G8 and probably a whole lot like a GM 4 door sedan.  Probably not far from what a '08 Chevy Impala with 150k values at.

Yes, with a fresh bumper cover you could probably attach the cover without even repairing the dented bar.  I have done this on some other cars.  It aint perfect but in Ohio they will re-certify a car as road worthy even if it still has a dent; even if that dent is down here near the bumper bar.  

The trunk lid would likely be closed...if it closed/latched.  

 

John Welsh
John Welsh Mod Squad
7/26/21 1:24 p.m.

A quick nationwide search of '08 G8s finds:

Similar V8 asking $13.5k and another asking $12.5k with the highest asking price w/ over 125k miles being $21k

Similar mile V6's are $6k to $10k

solfly
solfly Dork
7/26/21 3:50 p.m.

Thanks. Appreciate the analysis. GXP with 3 pedals is the key on the comparisons.

Olemiss540
Olemiss540 HalfDork
7/26/21 3:55 p.m.
John Welsh said:

$40k!!

Let me also add that I have not bought a salvage car since covid.  Mostly because I can wrap my head around the new market prices! 

My core message remains the same though in that you're gonna need a significant amount of immediate cash or at least a very open line of credit to buy. 

If you do, great.  

Does Alabama do sales to individuals or are you required to go through a broker? 

Alabama requires sales through a broker and the car has to be repaired by a certified repair facility to be issues a rebuilt title. The inspection process is serious.....

Not an OP problem if out of state tho.

BradLTL
BradLTL GRM+ Memberand UltraDork
7/27/21 10:16 a.m.

I'm in B'ham, but that car is in Mobile.  That's like 4 hours away.

solfly
solfly Dork
7/27/21 11:54 a.m.
BradLTL said:

I'm in B'ham, but that car is in Mobile.  That's like 4 hours away.

huh, could have sworn it said birmingham the other day. regardless, i've moved on. thanks.

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