Are salvage cars good value?

Hey guys, good to see such an active forum. I am looking at getting a salvage, to repair, after hearing that this is a good way to save money by some old friends that did this years ago. I know of the issues with high insurance costs etc. but considering the vehicles are so cheap, should still save money in the medium term. What do you think about taking on a project like this? Here is the one that's similar to those I've been looking at.

http://ift.tt/2a03bkO

Any advice? Would you take a project like this?

Are salvage cars good value?