How much was the car worth before it was damaged? These are not reasonable questions. How much the car is worth totalled depends on what kind of vehicle it is, how old the vehicle is, how much damage is done, what parts are salvageable, is the engine still good, how many miles are on it, and lots of other factors might come into figuring the value of the damaged vehicle. There is no single number that allows you to say a totalled vehicle is worth $100 or $1000 or $10,000. I hope you understand my meaning and also take it that I'm not being condescending in telling you this.
does a seller have to tell you a car has been salvaged?
All vehicles, Salvaged or not, can be registered at your local DMV
Yes it can.
1500
local options
in most states, even if a salvaged vehicle has been repaired it is still a 'branded' title...and thus worth less.......in the states i work in a fully repaired salvaged title vehicle is worth anywhere from 30-50% less on a total loss, (reduces the actual cash value)........now, if salvaged vehicle say is worth 4k and damages are 1k, then they will repair the damaged portion......
I am sure this varies by state. In California a salvaged car can be exported to Nevada, registered, then re-registered in California. Ask an experienced car salvage guy.
kick there butts
go to kbb.com itll tell u everything
Answerno.I have a car that is financed through a bank. I recently found out that it has a salvaged title and I am having problems with getting full coverage insurance. the bank along with me didn't know it was a salvaged title at the time so what can I do.
There is no law against financing Salvaged Titles. It is just that most banks and credit unioins chose not to finance these vehicles. The problem is that there can be liability if the vehicle is for whatever reason unsafe, and you sometimes do not know why a vehicle was salvaged. It could be because of frame damage or other serious damage, or it could be for water damage (i.e., Katrina), or it could be that it was just stripped by a theif, and has been rebuilt and is perfectly good, but since it was totaled by the insurance company, it is "salvaged". Some lenders will lend against a salvaged title. But they will take off 40% of the value of the vehicle due to salvaged title. So if the vehicle is worth $10,000 as a regular title, a salvaged vehicle will be worth about $6,000. I believe SafeCo might be a source for insurance. Car Cash Loans in Los Angeles (www.CarCashAuto.com) will lend against salvaged titles, according to their representatives.
Car has been damaged and rebuilt.