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How you find out what damage caused a vehicle to be given a salvaged title?
Wiki User
∙ 18y ago
Normally if the estimated damaged is to the point that the repair would be 80% of the cost of replacing the vehicle, it is totaled, and sold for salvage. When a vehicle is rebuilt and put back on the road, a record of repairs may or may not be given to the state. Check with your DMV or County Court Clerk and see if they can provide this information. Better yet, leave any vehicle such as this alone. It is always a gamble with a rebuilt vehicle, especially one that was totaled. I would never buy such a vehicle.
Wiki User
∙ 18y ago
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What are the pros and cons of a salvage title vehicle Im am thinking of purchasing a vehicle with a salvage title but Im not familiar with this kind of purchase. FYI the car is a 1993 Lexus SC400.?
A salvaged title vehicle cannot be re sold in retail transaction or auction. It can be sold at a salvage aution, for scrap/junk vehichles or "parted" out. The cons: If it's newer avoid, an older car is easily salvaged with only cosmetic damage, a newer car with a salvage title could have sustained over $15k in damage and that's major. If you don't know why it was salvaged, avoid. Before and after pics are vital. Don't take the seller's word for anything; just like buying any used car - have an independent inspection by a pro. If it was salvaged due to flooding AVOID big time. The car will never be right and a lifetime of quirky electrical problems will ensue. Insurance is not that big a deal. You can get full coverage, depending on your insurer but keep in mind that a salvage car has diminished actual cash value (roughly 40% less than a comparabale clean titled car) and you will be paid less if it's stolen or totaled a second time. Pros: If it's salvage due to theft recovery go for it! That's typically the best kind of salvage you can get, provided the thief didn't trash it. Salvage cars go for 40% less (don't pay more than that!) and if it's an older reliable car like a Honda or Volvo you could get a fine car for lots less. Make sure you run a Carfax to find out why/when it was salvaged and get a pre-purchase inspection. And drive it til you get your money's worth out of it cause they are harder to re-sell. I have owned two salvage cars and they have been terrific cars and great values. If the repair work has been done right, and the price is right, what's the big deal? Keep in mind this food for thought: a new car gets rear-ended and sustains $5k in damage - it gets to keep it's clean title. An older car with the same damage would get a salvage title. SAME DAMAGE, DIFFERENT TITLE. A clean title, therefore does not mean a clean car! Oh, and despite what you hear, once a salvage brand is given to a car it remains as such. There are illegal ways to "titlewash" and get a clean title but no legal way whatsoever.
