Hi guys,
Need some help here.
I'm thinking about buying a 1998 Honda Integra VTi-R. Mileage is around 130,000km. It is a manual transmission and has cool air filter, carbon fibre bonnet, and sports exhaust.
The asking price is $8,500.
I did a REVS check and it came out to be repairable write-off. Apparently the car had extensive hail damage and had to be repaired.
Just did a pre-purchase car inspection this morning and found out that the car has not been in an accident, but has hail damage (probably damaged again), engine sump damage, and minor panel damages. I've attached the pictures.
Also in the inspection report, the brakes shudder a bit caused by disc rotor warpage, extractors dented/damaged and battery tray holder has surface rusts. Body has no rusts. 3 out of 4 tires need changing.
I can live with the aesthetic defects as it isn't very noticeable and the hail damage isn't that visible on black paint unless you see it up close and on an angle.
I've called up Just Car Insurance and they said they can insure the car at it's current condition.
My main concern is the resale value of the car as I know that it's going to be a pain in the butt because of the REVS history and also has existing hail damage.
However, from the comprehensive inspection report, I can prove that it has not been in an accident. Mechanically this car is good - no major problems.
I'm asking for $8000 but he won't nudge on $8500. How much do you guys think this car is worth with the information I've provided above?
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