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The Porsche Carrera GT is quickly becoming one of the best-loved modern classic supercars on the market. With prices for good examples now in seven-figure territory, they’re already out of reach for most enthusiasts. For those who are just regular rich, not private jet rich, though, you may finally have an opportunity to buy the car of your dreams.

That possibility, though, comes with a rather large caveat: a salvage title. This 2005 Porsche Carrera had a short, and rather eventful life, ending, just 8,400 miles (13,518 km) after it started.

Although no information is available regarding what led to the accident, a Carfax report notes that the car was involved in an incident in August 2009, in which it suffered damage to the right front, front, left front, left side, rear, and right sides. I’m no topologist, but that sounds like all of the sides to me.

Read: $3.5 Million Is A Little Too Much For A Porsche Carrera GT, Or Is It?

 Write-Off 2005 Porsche Carrera GT That Was Rebuilt Has Generated Over $500K In Bids

After that, it was declared a total loss by its insurer, but by October 2009, it had a salvage title, and by March 2010, it had a rebuilt title. Now, though, it once again has a “salvaged” title in California, where it’s being sold.

It’s kind of a heart lifting story of rebirth, and it goes a long way to explaining why some of the body panels and exhaust outlets are misaligned, and why there’s a crack in the carbon fiber behind one of the seats. It also explains why someone would cover the original Seal Gray Metallic paint with black paint, and then a matte black wrap.

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There are several aftermarket parts on this car, like the steering wheel, F&F tuner-style headlights and the LED lights in the air intakes that may also inspire controversy. Fortunately, the original wood shift knob, wheels, rear spoiler, removable roof panels, and the engine all remain.

The highlight of the car, the Carrera GT is powered by a 5.7-liter V10 engine that makes 605 hp (451 kW/613 PS) and 435 lb-ft (590 Nm) of torque. That power is routed to the rear wheels through a six-speed manual transmission.

Offered for sale on Cars & Bids, despite its numerous flaws, bidders have already offered more than $500,000 for this 2005 Porsche Carrera GT. That’s either a testament to the appeal of Porsche’s creation, or to the madness of the market.