RE: cars with salvaged titles, what's the deal?

Posted by Rod M (W) on May 20, 2016 at 07:13:29

In Reply to: cars with salvaged titles, what's the deal? posted by Green Lantern on May 20, 2016 at 05:23:16:

If the car has a current registration as a salvaged title, then registering it is no different than any other title. We have an MR2 with a salvage title that we bought new in 1987. A guy didn't tie down a load properly and something fell out of his truck and hit the hood. While it was fairly minor, the insurance company totaled the car, paid us $1,800 and let us keep it. We got it fixed and it's perfectly fine. But, in this case, we had to take it to a special shop to get a safety inspection before we could re-register it the first time.

So, a salvage title is a red flag and you'd need to know the exact circumstances. It could be a scammer with a lemon and a bent frame or a good deal if it's discounted appropriately. Buyer beware.

-Rod

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Follow Ups Full Thread

Topic - cars with salvaged titles, what's the deal? - Green Lantern 05:23:16 05/20/16 (18)

Here a lot of supposedly salvaged re-titled cars are actually re-birthed stolen cars - JDK 19:17:28 05/21/16 (0)

I wonder what the insurance company pays out? - jedrider 18:46:21 05/21/16 (1)

RE: I wonder what the insurance company pays out? - Green Lantern 08:14:33 05/22/16 (0)

thanks all, I was just checking one of these out... - Green Lantern 19:04:43 05/20/16 (7)

RE: thanks all, I was just checking one of these out... - bcowen 06:47:39 05/21/16 (1)

RE: thanks all, I was just checking one of these out... - Green Lantern 16:40:12 05/21/16 (0)

I follow the 20% rule - bullethead 03:25:00 05/21/16 (4)

It's more like 20% of total monthly income for 5 years... - genungo 05:19:36 05/21/16 (3)

especially when there are teleportation technologies in the black world - bullethead 05:25:40 05/21/16 (2)

Not a very politically-correct way of saying it, but... - genungo 05:38:33 05/21/16 (1)

no politics needed, just what the religion is called, science - bullethead 05:50:31 05/21/16 (0)

Bought a salvaged Subaru Legacy with salvage title... - popsy 10:54:50 05/20/16 (0)

i have purchased two, - srdavis2000 10:49:40 05/20/16 (0)

RE: cars with salvaged titles, what's the deal? - Mike B. 10:27:59 05/20/16 (0)

RE: cars with salvaged titles, what's the deal? - Rod M 07:13:29 05/20/16 (0)

RE: cars with salvaged titles, what's the deal? - Alpha Al 05:52:50 05/20/16 (2)

lots of flood cars from various hurricanes & 'superstorms' - mhardy6647 06:01:33 05/20/16 (1)

Think your DMW should have info on how to get a salvaged car registered - FenderLover 07:07:44 05/20/16 (0)

Follow Ups

RE: cars with salvaged titles, what's the deal? - Rod M 07:13:29 05/20/16 (0)

RE: cars with salvaged titles, what's the deal?

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