what does salvage title mean?

Asked by Martin Feb 06, 2020 at 01:38 PM

Question type: Shopping & Pricing

is buying a car with a salvaged title a good idea? What do you look for when it
has a salvage title?

4 Answers

23,235

Salvage title means the vehicle has already been declared a total loss. The value is now a lot lees than a clean title. Usually the car has been wrecked to the point where it's cheaper for the insurance company to pay the owner blue book value than having to pay for the repairs. Be careful when buying salvage title, have it inspected before you commit to buying it. It has to go through an official repair shop to inspect and certify breaks and lights.

305,035

Don't do it! Even if the price is too good to pass up.

74,535

It can also be more expensive to insure a salvage vehicle.

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