buying a car with salvage title?

[Twistid 5,000+ posts]

ya im not gonna get it, for simple resale/trade in reasons

 

[hempy 10+ year member]

in many states you cannot carry full coverage on a salvage vehicle, collision only, no comprehensive...(full coverage has nothing to do with warranty, has to do with vehicle reliability based on the insurance safety board)...also very few finance companies will approve a loan on a salvage vehicle, nationwide.
however you can take out a personal loan and use that money for the vehicle as neither party will have issue with that...if you can get a personal loan that is, which you said your parent would be getting, so no prob really...

in a handful of states you can repair the car to prior loss condition, meaning that you can fully repair the car and have it re-certified and then the salvage brand comes off the title, this only works in non-rollover cases...

i'e re-built tons of totals and had many salvaged vehicles and it's ok for someone like me who just drives them to drive them and not really worried about losing them...but if your average joe and your car is stolen, or picked up in a tornado, your SOL and many people cant afford that type of hit...

it's best in most cases to just avoid the salvage cars unless your capable of taking that risk...

basically salvage cars = good for second/third car but not good for primary...

My total has comprehensive, and the other 3 totals in my gf's family all have full coverage.

edit.... reading > me.... not sure what state we're talking about here.

 

[rtillaree 10+ year member]

My total has comprehensive, and the other 3 totals in my gf's family all have full coverage.
edit.... reading > me.... not sure what state we're talking about here.

theres a difference between a total and a salvage title...not every state salvages every total loss...

 

[Duke 10+ year member]

I paid 6k for my 99 Durango. Had 85k miles on it at the time. Whoever repaired it did an amazing job. I had to do 2 inspections though before I could register it. I can also get whatever the hell insurance I want. Water pump went out last year, and a blown head gasket are the only problems I've had. Dealers around here at the time were wanting like 12 k for a 99 Durango. Salvage titles can be a good deal as long as you know exactly what was wrong with it, what was repaired, and how to give it a check over/test drive yourself.

 

[hempy 10+ year member]

theres a difference between a total and a salvage title...not every state salvages every total loss...

Sorry, should've reworded it; they're all salvage titles. It's a great way to save money if you're able to do the (some of the) work yourself.

 

[stayTUNED 10+ year member]

dont know about your state but it takes forever to register a salvage title in NY.

 

[rtillaree 10+ year member]

Ahem.... Again..... In YOUR state maybe.

isnt that what my quote says? or were you unable to comprehend all of those words?
give me your state and i'll read you every rule and regulation regarding totals, i've got my state by state total loss guide right here in my office...