Thoughts on this wrecked Mach 1?

[broncoboy22]

https://www.copart.com/lot/89895275/2022-ford-mustang-mach-i-mi-flint

This is the exact spec Mach I’m looking for. HP, manual, GB, non-recaro with elite pkg.

Not really planning on buying a wrecked one but it is intriguing assuming it doesn’t have frame damage. If I could get one at a good price and repaired at a quality body shop I actually wouldn’t mind.

What you guys think about the estimated value copart put? $45.6k seems crazy high to me. Especially with the miles and damage. I feel like a non damaged one with the same miles with be around $49k or so

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[Tucker80]

They're dreaming at that price.

 

[LOL WUT]

That price is pure comedy.

 

[Joe Gonsalves]

It may have a salvage title. I wouldn't touch it. It's a parts car now.

 

[Roady68]

I don't if it's a parts car. But that price is severely overpriced. You will be at least $10k into repairs. $1600 in air bag replacements alone. I think if it we in the $28k to $30k range, that would allow for repairs and come in below the depreciated value due to having been in an accident. Of course, this is my opinion based on what I can see from pics.

 

[Therealmattlex]

Copart always has the estimated value at what excellent retail would be. They also don't figure in for the salvage title(which it probably has now). It doesn't look like major damage but I would guess at least 10K into repairs.

If you are going to bid, check out the fees. As the prices go up so do the fees.

 

[broncoboy22]

I don't if it's a parts car. But that price is severely overpriced. You will be at least $10k into repairs. $1600 in air bag replacements alone. I think if it we in the $28k to $30k range, that would allow for repairs and come in below the depreciated value due to having been in an accident. Of course, this is my opinion based on what I can see from pics.

Copart always has the estimated value at what excellent retail would be. They also don't figure in for the salvage title(which it probably has now). It doesn't look like major damage but I would guess at least 10K into repairs.

If you are going to bid, check out the fees. As the prices go up so do the fees.

Great info and I agree with both of you guys. Price would have to be right for sure

 

[Rael]

You'd do better overpaying a dealer. Would get a warranty of some kind too.

 

[Craig Brown]

Price is way out of line! I just bought a 07 Lincoln MKZ insurance bye back, with front end damage for $316.00 It was a deer hit to the front and air bags did not deploy. I used to own the car and know that it is sound, and I have a donor car lined up for cheap with a good front clip. This will make a good winter beater. I don't care about the salvage title. I will do the work on this so there won't be any labor costs. I can sell the motor and trans from the donor and scrap the rest. I hope to be into this for under $1500.00.

 

[Craig Brown]

Anyone looking for 07 MKZ parts let me know? Will sell parts cheap. LOL

 

[Skye]

If considered for anything other than a parts or dedicated track car, I'd pass.

- As others have mentioned, how the vehicle will be labeled. Most likely, "salvage", but different states have different rules. In some locals, while a salvage car can be "repaired" (my word) and labeled something else, a documented history will always follow the vehicle

- Using Autotrader as a reference, the suggested sales price is close to one of an unmolested vehicle with way fewer miles

- The damage on the passenger front corner might have affected the cooler for the transmission. While a manual, if it was damaged, how long did the transmission run while low?

- The parking brake handle appears way higher than it normally would be, like someone used a lot of force. Or that's broken. Maybe related to the rear corner damage

- Multiple air bag deployments along the driver's side

- At first glance, the damage to the rear doesn't appear that bad. But when looking at the rear wheel, it confirms it got smacked good. How much damage is there to the suspension (diff, axles, control arms, chassis mounting points, and brakes)?

The ultimate tell: the insurer deemed it cheaper to salvage the car. By the time the vehicle has been brought back to a good level, you've spent near the same for a car with more miles and a marked past than one with low miles and a clean history. And no unforeseen drama or headaches.

FWIW, two other Mach 1 owners recently found their rides by chance. One was looking for a specific build and discovered it in passing. Another found a deal in the rough that turned into a great buy.

Your ride is out there.

Edit,

I couldn't begin to price this or similar salvage car. Someone with extensive mechanical and body knowledge could provide a much better answer. And there's what we do know from the ad. And so much we don't know from not being there.

 

[Cobra Jet]

IIRC the “estimated value” seen on those salvage sites is the ACV (actual cash value) of that vehicle IF it were not in a damaged state…. It’s not their “ask” for the vehicle. Usually the vehicles listed are bid on and whatever ending bid is, that’s what’s paid.

Can someone post the VIN? The link above wants the user to sign in and CoPart’s app sucks for filtering down to find the exact Mach 1…

Anyone paying ACV for a wrecked Mustang (or insert any other vehicle here) that still needs extensive repairs is not doing their research…

 

[broncoboy22]

IIRC the “estimated value” seen on those salvage sites is the ACV (actual cash value) of that vehicle IF it were not in a damaged state…. It’s not their “ask” for the vehicle. Usually the vehicles listed are bid on and whatever ending bid is, that’s what’s paid.

Can someone post the VIN? The link above wants the user to sign in and CoPart’s app sucks for filtering down to find the exact Mach 1…

Anyone paying ACV for a wrecked Mustang (or insert any other vehicle here) that still needs extensive repairs is not doing their research…

Here’s the VIN: 1FA6P8R09N5554628

 

[mcky2011]

I would be asking why the original owner didn't buy it back?
Was it stolen?
I could be wrong, but blown airbags are not always an easy fix, they can be a never-ending problem.

A couple years ago, I had a body shop guy show me a 2 year old car that had turned into a shop queen, he replaced every airbag component possible in this car and they still had an fault in the system.

 

[MAGS1]

I would be asking why the original owner didn't buy it back?

Some states don’t allow it

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