Still very tempting to buy my totaled TT back
So you guys might already know my story. Basically my TT rollover when I was making a left turn. I do see most of the folks suggest I should take the money and buy a new one, but here is my situation:...
Forum Discussion
Timmo! wrote:
You can paint black stripes on a white horse and lead it across the river, but it will always be a horse, never a zebra.
A "totaled vehicle" will have a "salvaged" registration, and will always be valued accordingly (which means little resale value).
Have you ever been inside a TT while it is traveling down the road? It is like riding out an earthquake--the inside sways left-right and everything squeaks and rumbles.
Something in my old demented brain says not all damage will be visual to the naked eye--and the unseen/unknown damage will keep you busy playing repair guy every summer, and will cost more than $5k to fix.
Not all states have salvage registration for totaled travel trailers, I believe the OP indicated he will not have that issue.
As for resale value, sure it won't have value based on the original $20k purchase price but it will have resale value relative to the actual dollars put into the buyback and repairs.
Maybe not a lot of value left for the OP but two years ago I was able to get $4k for a 14 year old travel trailer that needed a fair amount of work. It too was totaled by the insurance company but due to hail damage and I did not have to deal with a salvage title.
