That's how this area is. Portland/Vancouver is full of Russians. (no racism implied) They make a hobby and a small side business out of buying cars at the auctions and selling them after they trade favors to friends in the auto business or doing it themselves. There may not a be a market for higher end reconstructed titled cars where you guys are, but it's no big deal around here, and they're not hard to get rid of. Literally every young Russian guy in the area is driving a new Lexus, BMW, Mercedes, Acura, or EVO's and STi's and 90% have dirty titles. They've actually done this to their downfall, bidding the prices to high up on each other. Now it's so expensive to buy a wrecked car at the auctions around here that there's little to no profit margin. It would literally cost me more to go to an auction and buy that car wrecked plus parts than it would to just buy it.
A car is a car, if it got fixed properly (and he did have a shop do it btw) and it passes my mechanic's standards, then why not? I just went and saw a year older STi on a lot in Portland with the same mileage and no warranty for $25k. I have no problem with the title and getting rid of it, it's whether the integrity of the frame and the passengers safety has been compromised, which is why I intend to have it looked over well.
Private party KBB has it at 21k for fair condition, probably around 18 to 19 for poor, which encompasses a bad title.
355 awhp fp green six speed wagon in Corvette Atomic Orange