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Old 03-07-2009, 06:56 AM   #1 (permalink)
 
Location: muskego wi
Finally my dream comes true!

Hi all,
It's been a dream of mine to own a fortwo ever since I saw it for the first time in Germany in "99". I own a sales, service and body shop in Milwaukee WI. I had my eye on a 2008 fortwo passion in yellow at the insurance auction for a while. The day finally came and I have it in my shop. I grabbed it for $3700. It has damage to the right side from a t-bone. I'm just going to share my story of rebuilding it, and finally realizing my dream. Pictures coming soon! ENJOY!

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Old 03-07-2009, 07:10 AM   #2 (permalink)
 
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Location: san antonio, TX
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Great to have you here. I have been a VW savage yard/ rebuilder for 25 years The smart reminds me of old vw with new technology. I might have to find one to play with also. My smart brings in a lot of business for my sign & graphics business. No better advertising. Keep us posted.

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Old 03-07-2009, 07:10 AM   #3 (permalink)
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Quote:
Originally Posted by importam View Post
Hi all,
It's been a dream of mine to own a fortwo ever since I saw it for the first time in Germany in "99". I own a sales, service and body shop in Milwaukee WI. I had my eye on a 2008 fortwo passion in yellow at the insurance auction for a while. The day finally came and I have it in my shop. I grabbed it for $3700. It has damage to the right side from a t-bone. I'm just going to share my story of rebuilding it, and finally realizing my dream. Pictures coming soon! ENJOY!
Welcome and look forward to you patching her up.

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Old 03-07-2009, 07:17 AM   #4 (permalink)
 
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Location: Austin
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Great to here your one step closer to driving your dream. I bought my auction car back in Dec. and and can't wait to be driving it as well. Look forward to your pictures depicting the progress.

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Old 03-07-2009, 11:00 AM   #5 (permalink)
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Location: Atlanta, Georgia
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Congrats that GREAT news....And MAN oh MAN thats a good price even if it was in an accident. The engine / tranny alone is about worth that. GREAT FIND!!!!

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Old 03-07-2009, 12:41 PM   #6 (permalink)
 
Location: Mobile, AL
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Congrats that GREAT news....And MAN oh MAN thats a good price even if it was in an accident. The engine / tranny alone is about worth that. GREAT FIND!!!!
No kidding. If the Tridion's in safe condition, you probably just got a heck of a deal. The insurance companies months ago were totaling Smarts left and right simply because they had no clue how to repair them and parts were scarce. That's improving now, so I look forward to seeing what it took to get it restored to like-new condition.

Another question: Won't this have a salvage/totaled title on it when licensed? How does that affect reselling, etc? I'm not well versed in that area.

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Old 03-07-2009, 01:13 PM   #7 (permalink)
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Quote:
Originally Posted by SuperGeek View Post
.

Another question: Won't this have a salvage/totaled title on it when licensed? How does that affect reselling, etc? I'm not well versed in that area.
Resale is only relivant if you plan on selling it

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Old 03-07-2009, 01:14 PM   #8 (permalink)
 
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Location: Las Vegas (SinCity)
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That really is a great find..... ~Welcome to the fourm

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Old 03-07-2009, 08:24 PM   #9 (permalink)
 
Location: muskego wi
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Originally Posted by SuperGeek View Post
No kidding. If the Tridion's in safe condition, you probably just got a heck of a deal. The insurance companies months ago were totaling Smarts left and right simply because they had no clue how to repair them and parts were scarce. That's improving now, so I look forward to seeing what it took to get it restored to like-new condition.

Another question: Won't this have a salvage/totaled title on it when licensed? How does that affect reselling, etc? I'm not well versed in that area.
Hi, it is an il salvage, when I'm done with it, it must go to a state inspector and the state will issue me a wi rebuilt title. I will replace the pass side rocker section of the outer skin of the cell.

Last edited by importam; 03-07-2009 at 08:27 PM..

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Old 03-07-2009, 08:28 PM   #10 (permalink)
 
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I can speak to the "rebuilt" title issue from past experience. This will affect the price somewhat and depending on the car usually reduces the value by about 10 to 20%. A brief word on the "salvage" designation by Insurance Co's. They typically will assign a vehicle to this category when the cost of repair is within their individual parameters. It mostly has nothing to do with the repairability of the vehicle nor for safety. For instance, a car could be "totaled" with even a mechanical repair, rather than an accident repair. I bought a practically new Jeep Grand Cherokee Limited once, that had been totaled and it only needed a new front fender, headlight, bumper and grill. When I contacted the previous owner he told me that he insisted on getting a new vehicle, because in his words' "I'm not going to drive a wrecked car". The other thing I have seen recently is cars branded as "non repairable" with no detectable damage. This usually has to do with brand new cars. I can only guess what's going on there. At this point though we haven't seen any smarts in this category - too bad. One final thought I like accident damaged vehicles because at least I can see the damage and don't have to worry about whether the car is worn out, or plagued with mechanical problems, this has been confirmed with me having owned more than 30 such vehicles.

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