How Not to Sell My Salvage Titled Volvo

As you may remember, my beloved 6MT Volvo V50 T5 was rear ended and declared a total loss in April. Some enterprising individual bought the wreck at an auction, proceeded to fix/replace the rear hatch, and flip it on Craigslist. Almost three months later, it still sits, stale. Make the jump to see why.
First, attention to detail. The rear hatch looks good, or does it? The Volvo emblem is in TWO DIFFERENT FONT SIZES. The V, O, and L are from the post-facelift V50. The latter V and O are from the pre-facelift V50. Moreover, the car has a 2.5 liter inline-5 with a turbocharger. The rear badge should say “T5”. But the botched fix shows a “2.4” badge out of a 2.4 liter, normally aspirated, inline-5. Unforgivable.
Second, pricing. The original owner and I took great care of the car and at 82,000 miles, it has relatively low miles for a 2006 model. But according to Kelley Blue Book, such a car in Very Good Position is valued at $7,368. And that’s for one with a clear title. The flipper originally listed this car, with a salvage title, for $7,800. Then, he lowered it to $7,300. Now, it’s at $7,000. As coveted as a low mileage V50 T5 with a manual transmission is, I don’t think anyone would spend more than $5,000, $5,500 tops, for it.
What do you think?
Postscript: Don’t get me wrong. I appreciate the seller for fixing up a great car and keeping it on the road for someone else to enjoy. I just think it’s overpriced and the badge errors leave a bad taste in my mouth.
Photos via Craigslist ad.

By |2015-08-31T10:30:17+00:00August 31st, 2015|For Sale|0 Comments

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