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How do you find the value of a car if you repair a salvage title car?


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2012-08-06 12:25:33
2012-08-06 12:25:33

IMHO and as a professional in the car business, a dealership will not offer you more than 20% of the trade-in value in the event you want to trade it for another car. However, if you are trying to sell it privately you must be open and honest about the exact nature of the repairs to justify the asking price. If the replacement parts were minor but the salvage was because the age of the car was making the cost of repair more expensive than the value when fixed,it is more likely the car will bring a higher value of 40-50% of the private party value found online.

Any reasonable and smart person will run a "Car-Fax" and that will show that the car had been in nan accident. If the car was re classified as "Salvage" the DMV will also note that on the title.There is an enormous data base of every vehicle ever produced or registered in the United States and the info is out there. Putting a value on a repaired , salvaged vehicle is difficult.


Related Questions

The title itself will sate that the car is a salvaged vehicle.

You first need to change the title to a salvage tile. You can go from salvage to rebuilt but with a Junk title you can not. to get a salvage tile for a Junk you need to find a state that converts Junk to salvage. Usually because the state does not have a junk title. after it is salvage you need to have it inspected in your State to make sure it meets all Vehicle title Service company that has a guaranteed title service. they will have experience with this process.

Your rates won't go up since it's not your fault your LEGALLY (right?) parked car was hit, assuming you have comprehensive coverage. They will total your car if the repair costs exceed 75% of the car's actual cash value. Not knowing anything about your car and the cost to repair it, I cannot say if it will receive a salvage title if you accept the settlement but your insurance company will let you know for sure. So, if the repairs are say, 80% of the car's value you may want to take a lesser cash settlement to keep the title clean or find a cheap repair shop. If they total the car and you accept the full amount of the car's actual cash value, you will have to sign the car over to them. Go to a salvage yard and find the right one and screw it in.

If they have totaled the boat it is because they know that the cost of the repair will exceed the value of the boat. You may be able to find out how to salvage the boat afterwards, however.

lol $5 It all depends on what is left of it that can be used.

That is what a salvage yard receives when a vehicle is purchased at auction and intended for being parted out, totaled insurance wrecks, or tow yard impounds. In some cases the vehicle is in good enough shape that with some repair it can be road worthy again so it is sold with a salvage title. When the vehicle is inspected and once again registered a normal title will be issued. === === == The above answer is correct until the last sentence. When a car is in an accident, flooded or sometimes even stolen/recovered (things vary from state to state) and the repairs exceed 75% of the car's value it is totaled and issued a salvage title. Once a car is issued a salvage title it can not legally be made "clean" again, only salvage/reconstructed or totaled/reconstructed depending on how a state words it. Unscrupulous sellers can always find an illegal/unethical away around this but since a reconstructed car(i.e. a salvage car that has been rebuilt to roadworthy standards) is worth 40% less than a comparable clean titled car, buyers need to beware and do their homework with Carfax, VIN and title number checks before they purchase any used car. Otherwise, they will pay too much for what they get. Salvage cars can sometimes be fine purchases, just pay the right price!

If the car is still salvage figure 20% of the value of a comparable running car and if it's been reconstructed around 60% of the value of a comparable clean titled car. check for appx clean titled value.

No, but it's very unethical! Plus, the buyer will find out when he goes to register it and may come over to your house and kick your ass. Is it worth it? Would you want someone to do that to you? Now, if you were a buyer who unwittingly bought the car with a salvage title, sorry! Best to run the title number by the DMV before you buy so you know the title brand before you buy.

Not that easy to find a salvage car since it is rare for salvage cars to still be out on the market these days, but you could always ask your acquaintances for contacts who have salvage cars to sell.

Hmmm... you bought a car without getting a title? NOT a good idea. The title will state whether the car is clean or salvage or totaled/reconstructed. If you didn't get the title when you purchased the car you better make sure the car wasn't stolen. Call the state DMV with the VIN number for starters. They'll be able to give you some info on the car and the title.

it needs to be inspected and changed from salvage title to reg title but who sold you the car should be able to sign it off. if not find out what your state needs for reg. 2nd You can never have a clean title on a salvage title. it's illegal and cant be done legally. I'm not sure about a junk title. That may be a title than can never be registered again. In South Carolina, the titles are blue, but a junk title is red, and vehicles with red titles can never be put back on the road.

If this is for insurance purpose you should go on and find same of atleast 3 vehicals and that would be the price.

Doubtful.. Comprehensive Collision auto insurance is based on vehicle value which can be greatly affected by having a salvage title. The amount that the vehicle value can vary by having such title issues varies by vehicle. If you could find an insurance company to write such a policy it would most likely be a high risk carrier. This would be due to the greater potential of the vehicle becoming totaled out at value which is now considered lower than book value due to the title status. Some carriers will write policies for specialty vehicles and classic cars which insure the vehicle for a specific value. These policies are typically higher rated due to higher cost of repair, ability to obtain parts, and other various exposures that can exist. These types of policies also typically require a vehicle appraisal performed by a reputable company. I am unsure as to whether or not a salvage title would disqualify you from such a policy but you may want to look into it. Liability insurance is a different story. Some insurance carriers may require a vehicle inspection to ensure that the vehicle has been properly repaired. This would be to ensure that the vehicle is safe to operate. Think of it this way.. Insurance is like gambling. They are trying to bring in more money in premium than they pay out in losses. The likely hood of a policy costing more in premium due to issues such as salvage title, antique car, specialty car, whatever the case may be; If it puts any additional risk or potential for loss it will be reflected in your insurance premium. Again, that's only if you can find a carrier to underwrite such a policy. Good luck!

Answer: Salvage titles come from the insurance companies. Once an insurance company "totals" a vehicle, it becomes "salvaged". Take the ID number to your insurance company and have them run it to see if it is "insurable", best & quickest way and its free.

A sliding mechanism to repair a sliding van door can be purchased from a dealer for the vehicle in question. It is sometimes possible to find this part at an auto salvage yard.

There are 2 salvage yards near Enid, Oklahoma. You can find Bud's Salvage at Oklahoma 8, Aline, OK 73716. The other is Fairview Auto Salvage which is located at: 701 West Salvage Road, Fairview, OK 73737.

No company by the name of Salvage known to me.

I would look in the yellow pages under salvage yard to find the nearest to my house. Otherwise I might ask the mechanic working on my car where a local salvage yard is.

Auto salvage auctions can be found in Pennsylvania from many different places. Some online resources to find these places include Salvage Cars For Sale and Copart.

If you are looking for a salvage yard in Milwaukee, there are a few options. You could look in your local Yellow Pages for the nearest salvage yard to you. You can also try Absolute Auto Salvage and Al's Auto Sales and Salvage.

There are many online sites available that sell salvage cars. One way to find local salvage lots is to use the Yellow Pages ( and specify your geographic location to find local dealers selling salvage cars.

There are many places in the Medina, Ohio area where you can find salvage auto parts. A few of these places are Rusty's Auto Salvage and Tons of Parts. Good luck and I hope you can find the part you need.

You can purchase a salvage car at a small dealership (ex: Autoworld). There, they have many different cars: wrecked, salvaged or dented. Therefore, you are almost certain to find a salvage car there for a good deal.

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