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Old 12-13-2012, 09:20 PM   #1
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Default 03 SE worth $5k?

Hi there, hopefully I will be able to join the miata club soon! Just looking something fun to drive for the next 6-8 months and maybe sell off in the summer.

I'm looking at a 143k mile 2003 Special Edition, which looks to be in average shape with a newer top, but carfax lists it as having had a "Moderate" damage crash 3 years ago.

I can get it for close to $4800-5000 before tax/title. Is that worth it? NADA/KBB is $5600/$5300.

According to carfax:
"SEVERE/TOTALED: The vehicle cannot be driven from the accident scene due to severe damage or an injury. This level of damage often results in a Salvage or Junk title.
MODERATE: The accident damage affects the operation of the vehicle and/or its parts. Examples include broken windows, trunk lids, doors, bumpers and tires.
MINOR: The accident damage does not affect the operation of the vehicle. Examples include dented bumpers, fenders, grills and body panels. This level of accident should not compromise vehicle safety."
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Old 12-13-2012, 09:39 PM   #2
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Location: Arl. Texas
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Have you put eyes on the vehicle yet? With that many miles and some unknown damage I'd pass. That sounds like a $3500 Miata.

Where are you located? what does the average Miata go for in your area?

Close to a body of water or snow = the need to look for rust. In what condition are the wheels and tires, the brakes, radio/speakers, repaint job, interior...etc all this has to be factored in. You say its only for a few months till you ditch it anyway, do you care?

I would keep looking. Depending on your whereabouts you should be able to find a better deal.
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Old 12-13-2012, 10:37 PM   #3
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I'm in Ohio, but the first of two owners was in Florida for the first 86k miles of the car.

I'll have them drive it to a mechanic of my choice. The dealer listed it originally at 5900, but they're almost 2 hours away so ill make sure it's sound before I drive down.

Thanks for the reply!
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Old 12-14-2012, 04:53 AM   #4
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I thought this topic was already beaten to death on the other forum?
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Old 12-14-2012, 01:00 PM   #5
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theromanone, congrats on signing up at the best site on the web!
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