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Auto Theft Prevention/Theft salvage

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Question
I was looking for someone with knowledge on this subject and you look like the right person. Are you totally against the purchasing of a salvaged theft car? I was looking at a 2006 Lexus gs 430 that was a "salvage-theft" and it looked like a brand new car. Nothing looked missing or damaged. Price is 19000$ and the value is 37000$. What do you think is the deal with this car? Is it possible a car could be salvaged theft because it was found after the insurance company wrote it off? Any info you have to give would be about this topic would be very appreciated! thanks alot. This is a link to the car... http://www.erepairables.com/vehicle_information/1040132/2006_lexus_other.html


Answer
Hi,


The site states vehicle is worth $37K. No, not with a salvage. The car is worth 30-40% less so-branded.
You need to find out if you can get comp coverage before buying. This is for fire, theft and deer hits. If you can't get coverage, just remember that if something happens to the car, it's on your dime.

Getting a salvage can be a good deal and gives you the opportunity to have a nicer newer looking car. The problem is that you are left guessing why it was salvaged. It could be as you said, maybe the insurance comopany ended up with the car because they had paid off on the claim already.

There could also be hidden problems. You just don't know.

Personally, I would probably buy a salvage if I could get it insured, but I also have a mechanical background and I have connections if I need parts for the vehicle I bought.

I have however seen situations such as this where the buyer bought a car that was VIN switched, still stolen etc. This by no means is not accusing this company on the web of any questionable practices. I have been involved in cases involving salvage companies that did in fact, sell stolen vehicles, VIN switched etc.

Remember the addage "If it sounds to good to be true, it probably is." You are talking almost $20K discount and the car looks like it is all there except we don't know if there is a drive train. I saw no pics under the hood.

I look at salvage quite often on these sites. There may be a leader for a 2 year old truck for $20K off of book. I then click on the pics and it is a severely damaged roll. In other words, very heavy damage.

The only decent ones I find are floods, but then if they were totalled, the water was above the seats in most cases and there are going to be electronic problems.

I don't know, but this car just seems too cheap, making me question it.

That's just my opinion. Most of these vehicles are sold as is. In other words, how would you feel if you thought you were getting a great deal and it had no drive train?

Maybe the engine is blown. Who knows? It just sounds too cheap with the numbers stated.

Better yet, if you bought the car, took it home, only to find the cops were siezing the car because it was stolen?

Don't mind me, I am just very cynical from being in the car business for over 30 years.

Rob  

Auto Theft Prevention

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Rob Painter, ASE, CFL, CFEI

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My background in auto theft is extensive. I have been directly involved in the repair of over 10,000 theft recovered vehicles. I also do insurance investigation as to how a vehicle was last operated. My clients are insurance companies and attorneys. Was featured in the A & E auto theft documentary "Stealing Wheels" July 26, 2000. Has consulted with Daimler Chrysler steering column engineers to make their steering columns harder to defeat. Holds patent # 6,039,140 for 8 different variations to protect air bags from theft.

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ROB PAINTER, ASE, CFL, CFEI Forensic Vehicle Component Analyst Diplomate, Board Certified Forensic Examiner ASE Certified Auto, Collision, Med/Hvy/Duty Truck Technician Certified Forensic Locksmith Certified Fire and Explosion Investigator Certified Vehicle Fire Investigator Certified Forensic Auto Theft Examiner Certified Auto Theft and Fraud Expert http://www.autotheftexpert.com Email-rpainter@wi.rr.com P.O. Box 190 Big Bend, WI 53103 Phone (414) 698-9696 Fax (262) 662-1352 As per federal court rules of evidence (702) (Daubert) my testimony has qualified me as: Auto Theft and Fraud Expert Forensic Vehicle Analyst Fire Origin and Cause Expert In the trial transcript of Holiday vs Progressive Insurance Company (March 12, 2002?Eugene, Oregon) with Holiday being my client-named ?the expert for experts.? BUSINESS EXPERIENCE Founder of the ?Forensic Institute of Auto Theft Analysis? (January 2002). This is the training school that will set the standards in determining the last operation of a reported stolen vehicle-burned or unburned. Much of my testing and procedures have been accepted as the guide for the forensic community. 1986 opened Auto Recovery Specialists Inc., providing exclusive repair of theft recovered and vandalized vehicles. The initial concept of the business was to return vehicles to their original shape before the theft, vandalism or fire. In 1987 bought the rights to the theft deterrent known as the ?Chicago Collar?. Duties include complete component replacement: dash, stereo system, interior, locks and coding, rebuilding steering columns, repairing and installing vehicle security system components (factory and after market), engine components, body repair, glass replacement, repair and service of air conditioning components, brake and suspension repair, and replacement, wiring harnesses etc. to return vehicle to pre-theft condition Complete reconstruction. During the past 17 years directly involved in the repair of over 10,000 theft-recovered and fire damaged Personally examined and rebuilt thousands of steering columns on both import and domestic vehicles Internationally acknowledged as expert in auto theft including court, consulting with insurance companies, attorneys and law enforcement. Consultant on steering columns, locks, stereo systems and vehicle security for Special Investigation Units for many large insurance carriers during the past eight years. Consulting services include but not limited to: How a vehicle was last operated (with or without keys in burned or unburned vehicles), Origin and Cause of vehicle fires, and vehicle defects. Provides services as a consultant and researcher to attorneys and insurance companies, and private industry throughout the US in cases related to vehicles. Has worked with crime prevention officers throughout the US establishing training programs designed to protect the public from becoming victims of auto theft. PATENT: 3/21/00 issued patent# 6,039,140 for 8 different variations of airbag anti-theft devices. PUBLICATIONS Currently authors articles and test reports on an ongoing basis for SIUs and the forensic/vehicle fire industry. Published author: (1,297 slide training course) Auto Theft/ Fraud Training Course) ?The Modern Forensic Approach to Auto Theft Investigation.? (January, 2001) Author: ?Variables to Be Considered In Vehicle Fire Investigation after Suppression.? (Insurance publication-November 2001) Author: ?Ford Magnesium Steering Columns and the Results to Ignition Components after a Fire?. Article for peer review from the fire and forensic community. (November 2001) Author: ?The Truth About GM VATS.? (Article) (November 2001) Author: ?The Truth About GM PASSLOCK TM? (Article) (November 2001) Author:? Auto Theft Investigation: Hollywood vs. Reality? (Article) (February 2001) For the John Cooke Fraud Report. Published author: (Manual) ?Forensic Vehicle Fire/ Arson and Auto Theft Investigation? (October 2000) Published author: (Article) ?Petty Claims? for the John Cooke Fraud Report (October, 1998) Published author (Manual) ?AUTO THEFT: LET THE TRUTH BE KNOWN!? (1998) (Previously distributed by Barnes & Nobel) Co-authored the investigation manual, ?Surreptitious Entry & Auto Theft & Burn & the Investigator.? (1999) Authored test questions on the subject of steering columns and vehicle security for CFL designation to be given by the International Association of Investigative Locksmiths. January, 2000 Published author: (Manual) ?Saginaw Steering Columns-What Has Not Been Told? Training manual for fire investigators. (March 2000) Published (Article) ?Beyond The Lock? (May 2000) Published Author: (Article) Fraud Defense Network-August, 2000 Edition-?Melting Steering Column Tests.? http://www.fraudreport.com/index.cfm?month=08&year=2000 Published author: (Test Report) ?Burned Toyota Steering Column Testing to Determine How Last Operated?. Tool marks and procedures. (December 1999) Currently at the FBI Crime Lab in Washington DC and the US Army Crime Lab in Atlanta, GA for peer review. ACCOMPLISHMENTS Defeated the ?unstealable? Ford Securilock transponder system for a court case 10/10/00. They said it could not be done! Primary designer of a state of the art ?bait? car for a police department to catch car thieves. Worked with The National Highway Safety Transportation Administration and discovered a potential fire hazard on a vehicle and determined origin and cause of under hood fires on this type of vehicle. Featured as ?Auto Theft Expert? in the A & E auto theft documentary ?Stealing Wheels? that aired July 26, 2000. Contacted by Sears and Edelman Marketing to be a national spokesman for an anti theft device for vehicles. (November 1999) Invited to provide evaluation and consulting to steering column engineers at Daimler Chrysler Corporation in Auburn Hills, MI (10/19/99-10/22/99). The purpose of this project was to demonstrate how steering column locking mechanisms could be defeated without the use of a key and how to reinforce the columns against theft. Court Qualified as an Auto Theft Expert and my videos of defeating columns were also accepted by a Cleveland, Ohio Court in October 1999 as a valid piece of evidence. Contacted by Disney Touchstone Pictures for technical assistance in making the movie ?Gone in 60 Seconds? (March 1999) CONSULTANT FOR FOLLOWING ORGANIZATIONS ? Former contributor for The Insurance News Network (Auto theft and prevention) includes heading a forum for the public on how to protect their vehicles for 3+ years. ? Former editor and consultant for the public on matters involving auto theft and prevention 2000-2001 on the web at http://www.autotheft_forum.com. ? The Insurance Career Center (Auto theft and fraud). ? National Association of Investigative Specialists (Auto theft and fraud) ? Expert Find (Auto theft and fraud} TECHNICAL EXPERIENCE ? ASE (National Institute of Automotive Service Excellence) Certified in Auto: brakes, steering and suspension, engine repair, manual drive train and axles, air conditioning. Med/Heavy duty truck: gasoline engine repair, electrical/electronic components. Collision: elec.....

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