It's nearly impossible to buy a wrecked late model vehicle at an insurance auction, rebuild it and resell it profitably if the vehicle is repaired correctly. Have the car thoroughly inspected before considering buying it. By the way the car's factory warranty will be void.
Yes you do have disclose a salvage titled vehicle.
There are multiple places online where you can find the best deals on salvage titled cars. ERepairables.com has the biggest list of salvage cars on the net.
no
no. salvaged titled autos may be used for parts or rebuilding. junked titled autos may only be used for parts.
Once a salvage always a salvage or totaled/reconstructed; you cannot legally get a clear title the brand will remain. A reconstructed and roadworthy salvage car is worth 60% of the value of a comparable clean titled car. If it's still salvage maybe 25% of the value of a comparable clean titled car.
If it's still salvage about 20% of the value of a comparable clean titled car. If it's reconstructed/roadworthy about 60%
Salvage vehicle value is highly subjective but if the car was properly reconstructed and is roadworthy it is worth roughly 60% of a comparable clean titled car. Go to nada.com to get an idea of the car's value. If it's salvage but not roadworthy, maybe 25% of the value of a comparable clean titled car.
Nope, not legally. A salvage title is issued to protect future consumers since salvage cars can be rebuilt and sold as clean titled used cars (an unethical no no!) even though they are worth 40% less!
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.
use kelly blue book pricing, or ask the dealers Answer If it's salvage/reconstructed (i.e. repaired nicely and roadworthy) roughly 60% of the value of a comparable clean titled car. If it's still a wreck probably 20% of a comparable clean titled car. Use nada.com to estimate clean titled value.
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 nada.com for appx clean titled value.
If it's trashed about 10-20% of the value of a comparable clean titled car. If it's repaired and roadworthy, about 60% of clean titled value.