First Car , Car Knowledge

Asked by Jan 10, 2017 at 07:09 PM

Question type: Shopping & Pricing

2008 HYUNDAI ELANTRA GLS
Miles /102,988 , Price/$4,995
Was Reported to Carfax as a
TOTAL LOSS VEHICLE !

Would like to know if this is a good or bad
buy? And what does a Total Loss vehicle
mean ?

7 Answers

264,055

Means it has a salvage title. The vehicle had a serious accident and the owner was paid for the loss of the car, and someone repaired it. So I would say no on two accounts 1. Hyundai and 2. TLV.

2 of 2 people found this helpful.
76,325

It means it has a salvage title. Someone put it back together. Unless you know the details from a close family member or friend, STAY AWAY FROM THIS ONE!

2 of 2 people found this helpful.
30

Hey James, A total loss means that the vehicle has been in an accident and that the damage was extensive enough for the insurance agent to tell the customer that the repair cost out-weighed the value of the vehicle. For example, the car costs $5,000 but the repairs needed are $5,500. Total loss. Be warned, the title will forever be branded and many insurance providers will not provide coverage. This MAY be the best car you've ever owned or it MAY be the worst. You need to be extra careful in asking a trusted technician /mechanic what they think of the vehicle's state of repair BEFORE you commit to buying. Good luck!

2 of 2 people found this helpful.
86,035

Run away, run away!

2 of 2 people found this helpful.
28,925

Agree with all above. Don't even think about this deal. (and insuring a salvage titled vehicle is $$$).

2 of 2 people found this helpful.
55,265

No, not this vehicle.

1 of 1 people found this helpful.
76,325

Ya there Bob, the messaging is gone, but I did receive your last message, so sail a vee.

1 of 1 people found this helpful.

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