My 01 Gt has a salvaged title. I had someone run a carfax on it for me, it came back with no wrecks. But it did however come back something to do with vandalism beyond the value of the car. Which was along the lines of what the PO told me about, someone broke all the windows, beat in the doors, the hood, just about anything you can imagine. It was completely repainted,had tons of body works etc. BUT, as a result I was able to get it for a killer cheap deal, and it at the time only had 45k on it, and the drivetrain was in perfect condition.
It will hurt my re-sale value , but to be honest I planned on keeping it until the wheels fell off anyways, and by then I could care less. I bought it so I wouldn't have to put so many miles on my 66.It has served its purpose well and has not given me any problems whatsoever in many miles.
....Don't hold me to this, but if I recall I think my insurance company increased my premium just a tiny bit b/c it carried a salvaged title...
66 coupe,289,C4,Edelbrock cam,weiand stealth,edelbrock carb, Pertronix,3.55 gears-detroit locker,3"cowl hood,Hedman headers, 2.5" X pipe exhaust going out 2 chamber flows,front and rear sway bars, Eibach springs,KYB's, traction bars.91GT bucket seats,CD player, power locks and alarm. daily driven! http://www.angelfire.com/rock3/66stanger
-01GT,5spd,cobra body kit,mineral gray.