|Title||Salvage title vehicles (view sites with similar title)|
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A car with a salvage title can be a good investment if you fully understand what a salvage car title is and everything that the distinction entails.
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Share. What is a Salvage Car Title? A salvage car title is a form of title that is given to a car that has sustained major damage or has been written off as salvage by an insurance company. This damage may have occurred during a collision, theft, a weather event, or a freak occurrence, such as a chemical spill or utility pole falling on top of it. Regardless of how the damage happened, it is inspected by an insurance claims adjuster after you file a claim. The adjuster asks for repair quotes from several body repair shops. They are trying to determine if the damage sustained is worth the cost of repair. If there is significant damage, that is, if the cost to repair the damage is over 50% of the value of the car, ...
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