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Can you buy a salvage vehicle?

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Answered 2008-03-03 07:22:57

Yes, and in most states if you rebuild/restore the car to roadworthiness you can get a totaled/reconstructed title. Don't pay too much, they are worth much less than a comparable clean car and the value is often subjective.

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Yes it can, we buy cars from Florida to California that are salvage and sell them in Texas all the time.


When you bought the salvage, the junk yard should've given you a 'salvage' title. You don't buy cars without getting a title. Talk to your state DMV and hopefully it's not stolen! Good luck.


It will say "Salvage" vehicle on the bottom right corner of the title. No vehicle can be sold without indicating if its a salvage, rebulit or a regular title.


When buying the salvage vehicle, ensure that you search the history of the vehicle.


The value of a salvage vehicle is roughly 60% of the value of a comparable car with a clean title.


Purchasing a vehicle in parts, or for parts can be done at your local junk or salvage yards.


In the U.S., Auto Insurance companies do not salvage a vehicle. If the vehicle claim is paid out as a total loss it is sold or auctioned off to a salvage or a junk yard. The junk yard may crush the vehicle for scrap metal value or salvage parts from the vehicle or even to re-title the car on a salvage title but this is totally up to the salvage yard or whomever the yard then re-sells the vehicle too.


A salvage vehicle is one that has received a certain percentage of the vehicle's worth in damage (determined by the state the vehicle is registered in). To salvage a vehicle in most states, one must be licensed to repair the vehicles and the vehicle, once repaired, usually has to be inspected. If the vehicle is salvaged and repaired to be sold, it is the responsibility of the seller to disclose the salvage title.


As of 2013, the best way to determine if the department of motor vehicles has issued a salvage title for a vehicle is on the title it will state that it is a salvage title. A salvage title is a note that states that the vehicle has been damaged or deemed a total loss.


No, the warranty is void on a salvage vehicle.


Depends on the existing title, if the salvage company owns the vehicle and it does not have a salvage title then they would be just another owner like anyone else and this vehicle would have a clean title assuming that there are no lean holders. On the other hand if the vehicle in question has already received a salvage/non repairable or similar title then salvage/non repairable or similar title would follow the vehicle not a clean title.


Go to the state Motor Vehicle office, where you would normally register a vehicle. There may be extra steps to take to get title for a salvaged vehicle. Don't buy cars without getting a title. EVER. If the car was stolen you may have to return it.


Either of the following websites are companies that buy salvage cars erepairables.com/buy-salvage-cars or http://www.autobidmaster.com/carfinder-online-auto-auctions/


Yes you do have disclose a salvage titled vehicle.


DEPENDING ON WHAT KIND OF TITLE THE VEHICLE HAS IF IT HAS A CLEAR TITLE THEN NO IF IT HAS A SALVAGE TITLE THEN YES


In many states, a slavage vehicle can be inspected and receive a "salvage title". If you ever want to sell the vehicle you'll have to disclose the salvage title.


A rebuilt salvage title is issued when a vehicle has been declared a total loss. When that happens, the original title is "retired", and the salvage may be sold--often by an insurance company that paid the owner and acquired the salvage. As a way of recovering some of what it paid, the salvage will be sold by the insurer. The buyer of it may then repair the vehicle to make it road-worthy. The repaired vehicle is then issued a rebuilt salvage title in order to be "legalized" and used as a vehicle. The fact that it has a rebuilt salvage title will generally reduce the value of the car, because any buyer will know that the vehicle has at one time been totaled.


Once a vehicle has an Ohio Salvage title assigned, the history remains with that VIN until the vehicle is scrapped. The Registrar in your county will issue a Repaired Salvage , or "branded" Title that you can get your license plates with. You cannot obtain a Clear title for this car.


Salvage vehicles in Illinois can only be held by a licensed vehicle rebuilder, vehicle recycler or scrap processor or out of state salvage buyer and may not be driven on the road. If you are sold a salvage vehicle from a private party or Illinois dealer in the state of Illinois, the sale was not legal. Contact the Secretary of State Police for help. If you bring in a salvage vehicle from out of state, the vehicle must be inspected by a DOT safety inspection station and the Secretary of State Police before a rebuilt title is issued. You may not sell the vehicle except to one of the above licensed dealers. Contact a Secretary of State Police Vehicle Inspection Station for details.


Any vehicle, whether a total loss or not, has a value. A totaled vehicle, of course, has a significantly lesser value (assuming the actual total loss has already been settled with the vehicle owner). This value can be anywhere from 5 - 25% of the pre-loss value of the vehicle. If you decide to keep a totaled vehicle after settling with an insurance carrier, they can legally remove the salvage value from your settlement. It shouldn't be much, and you can request that they actually get a salvage quote from a salvage yard. The idea behind this is that you can't legally profit from a loss. In your case, if your totaled vehicle has a salvage value, and you're keeping the vehicle, the insurance carrier must deduct that salvage value. Otherwise, you will get a full settlement, and still retain a vehicle with some value. But...try working with the carrier on what that salvage amount is going to be. Sometimes they'll adjust it to get the loss settled, since you never "really" know what the salvage value is going to be until the vehicle is sold at a salvage yard auction.


Most junk or salvage yards will give you cash for your old vehicle as nearly all the metal can be recycled. It is worth noting that the amount you get for your vehicle will be minimal. Most junk or salvage yards will also collect your vehicle for you, however they are likely to do this in lieu of payment.


CONTACT AN CLAIMS AGENT FROM LOCAL INSURANCE COMPANIES, THEY WILL TELL YOU WHICH WRECKER NOW HOLDS TITLE OF THE SALVAGE VEHICLE(S). THEN YOU CAN CALL THE WRECKER DIRECTLY


If you have found your stolen vehicle at a salvage yard, you need to call the police immediately. Automobile theft and receiving stolen goods are both criminal offenses.


its when 70% of a vehicle has either been damaged or wrecked, and insurance has classified it as a total loss. in some rare cases the salvage title could be issued to a stolen vehicle



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