Where to get insurance on a salvage title car in new jersey?
Any agent should be able to help you.
You go to Massachusetts and make the title Massachusetts Salvage then you register it in as New Jersey Clean TItle with History of Salvage. Read More
Some companies will let you buy liability insurance. almost none will offer full coverage. A salvage title means the car has already been totalled before. Read More
How can I fight a salvage title determination of a 2005 pu from my insurance company Damage estimated at 23000 I retained the vehicle and repaired it for under 5000 yet they insist it is a salvage?
If you took the money from the insurance company you have agreed to the salvage title and there's nothing you can do about it. Now the car just lost 40% of its value because of the salvage title but I assume you made money on the insurance payout. If you refused the insurance money and fixed the car yourself for $5K the title would have remained clean. Now if you didn't file a claim and… Read More
If a car has a New Jersey Salvage title would you have to get the salvage inspection done in NJ or could you do it in NY to get the reconstructed title?
depends on where you live, if you live in NY then you need to transfer the title to a NY salvage title. Then, you can apply for a reconstructed title there. Here in NJ, dont have a "reconstructed title". you have to apply for a salvage inspection so that theyll give you a clear title. Read More
If it was a salvage car that you rebuilt and now have a clean title for yes, you can sell it as long as you inform the buyer that it was a salvage car. Read More
No, unless you have another car with clear title and full covered by Aaa. Read More
No. The title becomes salvage from the insurance company that gets a car that was involved in an accident, water damaged, fire, etc. If you donate your car, you just sign over the title to the person or charity you are donating it to. make sure you get a copy of the title front and back after you sign it over to prove you donated it so you can prove that you did for insurance… Read More
I know of no insurance company in any U.S. sate that will give you full coverage on a salvaged vehicle. Read More
It means that the car was damaged, but was not reported as a salvage title. A PS Title is Pre-Salvage. It is a clean original title on a car that in most cases should have been transferred as a salvage title, but for whatever reason was not. Read More
How can I get the most for my car if it has a salvage title but everything in the car was brand new including the engine and was declared totaled by the insurance company of the driver who hit me?
Have the car appraised. Read More
The salvage title has to do with obtaining a loan on the car. However, I would disclose it. Read More
You cannot legally. Once a salvage always a salvage. At best you can get a "rebuilt" title. Read More
You can register with a salvage title. Read More
Hi you were in an accident two years ago your car had front end damaged that was fixed professionally by a reputable dealer your vehicle runs and looks like new Is your car still a salvage vehicle?
Once a salvage title is given to a car it remains a salvage or totaled/reconstructed car. It will never legally have a clean title again. This assumes the damage was reported to an insurance company and they totaled/paid out on the car. Read More
Yes. Getting insurance and plates with a salvaged title car should not be a problem. It shouldn't affect any of that... the only thing you need to worry about is if the place you got the car from properly fixed all of the problems on the vehicle. Read More
A Certificate of Destruction is when the a salvage yard has sent a car to the crusher and before it is crushed he must have the Vehicle ID number check to make sure he has title to destroy the car for scrap metal. Salvaged Title is when a Insurance Title company has deemed a car damaged in a accident i.e. crash,natural diaster,stolen stripped, to repair this car exceeds the cost of the car. So the… Read More
A salvage title can be caused by a car having been damaged in a previous wreck also if a car has been previously stolen and the owner was already given a replacement before the car was found then the stolen car may receive a salvage title Read More
yes, to some degree. Any car with a salvage title, (in my opinion as a Broker) should NOT be on the road! Sorry to be so blunt. Read More
You bought a used car and when you tried to trade it in they said it has a salvage title six months after you bought the car?
That means that at some point the car was wrecked so severely that the cost to repair it exceeded 75% of the value of the car. The car was therefore totaled and sold to a salvage yard. The salvage yard sold the car to someone who repaired it and sold it with the required salvage title. You should have noticed the salvage title when you bought the car. Read More
A salvage title car will bring far less that one without a salvage title. Deduct about 20% from the retail value. Read More
A car that has been brought back from the "graveyard" (or junkyard) is commonly referred to as having a "salvage title". This means that the car was either stolen and un-recovered or (most commonly) that the insurance company deemed it uneconomical to repair and declared the vehicle a "total loss". The vehicle was later repaired. In most cases a vehicle with a "salvage title" cannot receive "full coverage" auto insurance and can never be issued… Read More
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… Read More
what happens if you buy a car unaware of salvage title? well, if it was from a dealer you have recourse. if it's from a private seller, too bad...UNLESS they sold you the car with a clean title when they knew it was salvage. did you look at the title before you bought the car? if it was clearly branded as salvage or totaled you're out of luck but if it was a clean title… Read More
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… Read More
If the car is still going to be driven, then yes it does need insurance. Read More
The title itself will sate that the car is a salvaged vehicle. Read More
Nope. Not legally anyway. The best you can do is totaled/reconstructed' if the car is roadworthy. Once issued a salvage title a car can never be issued a clean title legitimately. Read More
This means the car was in a wreck and the insurance company considered it a total loss. The insurance company paid the owner off and then sold the car as a salvage. This car may infact be tow or even three vehicles put together and sold under a salvage title based on the engine id number matching the title. Beware, a salvaged title indicates the structural, mechanical integrity of the car may not be up… Read More
Can a dealer ask you to return a new car if your trade-in is later found to have had a salvage rebuilt title?
Well, if you knowingly traded in a salvage/rebuilt car with a wrong/clean title he has the right to sue you for the extra money he gave you for your trade in since a salvage car is worth roughly 40% less than a comparable clean titled car. Did you sign over a salvage title when you traded the car in? If so, he has no legal recourse since the salvage title is clearly marked and it's… Read More
No, the warranty is void on a salvage vehicle. Read More
If the car was salvage but repaired/reconstructed to decent standards it's worth 60% of the value of a comparable car with a clean title. Read More
It's not necessarily bad. I have purchased salvage cars twice with fine results. It all boils down to why it was declared a total loss by the insurance company. Older cars are easily totaled, even a minor fender bender can turn an older car into a salvage vehicle since older cars are worth less and if the damage costs more than 75% of the car's value the insurance companies total it. Now a newer car… Read More
The names of some cheap car insurance providers in New Jersey are "Long Branch Car Insurance", "Bloomfield Car Insurance" and "East Orange Car Insurance". Read More
SALVAGE VEHICLE When you dismantle, destroy or change the character of your car so that it no longer is a complete car, you must surrender your Certificate of Title to the Clerk of Courts for cancellation. When you sell your car to a salvage dealer, you must surrender your Certificate of Title to that dealer with the assignment completely executed. To convert a Salvage Title to a Regular Title, a HP 106 inspection must be… Read More
In general, yes. However, to do so lawfully, a new title has to be issued, usually called a "salvage title". Read More
A salvage title can lower a vehicles value by 50% of KBB. Part of the mystery of buying a used car is uncovering the auto's "story". A car that is accident free, theft free, and has a low number of owners is worth more than the opposite. Vandals, thieves, and the 10th owner tend to care less about the vehicle than the person who proudly picked it up new from the dealer. Make no mistake… Read More
Yes you do have disclose a salvage titled vehicle. Read More
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. Read More
Do I need a salvage title if the Ins. Co. wrote off the car as a total loss and paid me and I kept the car?
Typically, when an insurance co. pays you for a totaled car you surrender the car and the title to them so it's weird that you still have the car at all! Once you surrender the car to the insurance co. they report it as totaled and usually auction the car off to recoup some of their money. Your situation is odd. Read More
Most banks or independent title loan companies will NOT give you an AUTO loan or consider the car as collateral on a Salvage title car. Some dealerships have been know to sell salvage title vehicles and submit the title for a loan, unbeknownst the bank or the vehicle's owner. This is not illegal in some states. Always ask to see the title when purchasing a used car from an unknown dealership. Read More
My insurance provider, Hanover, told me that they would only write liability coverage, and not full coverage on my truck that was flooded and totaled in New Orleans. Read More
Once a salvage title always a salvage title. You may get totaled/reconstructed or some other wording but the car will never be clean again, it will remain branded and it is illegal to do otherwise. To remove the 'salvage' on the title would defraud the next buyer. It would be unethical and probably illegal. Read More
I am sure it is similar to a Salvage title. The car has been wrecked and repaired. Read More
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… Read More
If you wreck your vehicle, the insurance company pays you off and you give them the title for the vehicle. The insurance company then turns around and sends the vehicle to an auction (usually for dealers and wholesalers only) and sell it. Most of the time a salvage company will buy the car for parts and the insurance company can recoup some of their money. Read More
What argument can be used when an insurance co claims a totaled car is salvage and deducts from the payment but the title doesn't say it is salvage?
Your question is unclear. Did the insurance company declaire the car that was insured was a total loss. After that they would pay you for the entire value of the vehicle and keep the car since they paid you for it. The insurance company can then sell the damaged vehicle at an auction and make up for some of the loss or they can let the insured keep it and deduct the value from the… Read More
What is the process after accepting salvage settlement from insurance company when car is in good running condition?
You must turn in keys and title to the insurance company once they have paid you for the loss - regardless of the condition of the vehicle. It is your choice to accept or not the settlement. Read More
If your car is considered totaled by the adjuster how much would you receive does the pay out also exclude any deductibles and will they still let you keep your car?
yes, in a total loss situation you will receive actual cash value less any deductible and the insurance co takes the car.If you wish to buy the vehicle than you should ask the insurance co what is the salvage value.If you like the value than you can buy the car and the insurance co will deduct that amount from the agreed total.you will have to change the title from regular to salvage.You than get the… Read More