It means that the insurance company deams that it will cost more to fix than the worth of the car.
Salvage history, would be referring to the salvage title on a vehicle meaning the insurance company at one point deemed that vehicle totaled out at one point due to a accident or flooding, where it would cost more to fix the car than what it was worth. People will pick these vehicles up for cheap and fix them.
A salvage title can also be from a police seizure or abandoned vehicle sold by a PD or the state, apart from the above-mentioned insurance write-offs. Check with your insurance agent, they may charge more to insure a salvage-titled vehicle.
Thank you all so much. This is very helpful information
Looking for a Used Catera in your area?
CarGurus has 2 nationwide Catera listings and the tools to find you a great deal.
Search Cadillac Catera Questions
Cadillac Catera Experts
Related Models For Sale
Used Cars For Sale