Posted on 5/25/2022
Most of the time, salvage vehicles are sold for less than their actual worth because the automobile has been totaled. Because salvage title vehicles are sold for less than their worth, it makes a good budget car. However, for an automobile with a salvage label to become safe and roadworthy again, it would require inspections and some serious repairs. If you're looking to get your salvage title car back on the streets, here is everything you need to know about it. What Does a Salvage Title Mean? A salvage title is simply a name for any vehicle damaged and regarded as a total loss by an insurance company. This typically happens when the cost of repairing the vehicle is greater than the vehicle's actual worth. The insurer will resell the damaged car to an automotive company that rebuilds or repairs the car. The salvage title becomes permanent and helps to indicate to buyers that the car has previously been damaged. Salvage vehicles tend to have a negative stigma ... read more