Technical What does a salvage title do to value of car?

Watch out for salvaged ***led cars and trucks with salt water flood damage.

 

If we're talking about a HAMB friendly car, it shouldn't make much difference.

 

For a modern vehicle, in California, one-half of book value, with a clean ***le, ***uming the repairs are undetectable.

 

I'm a dealer here in Austin and my dad had a salvage business for 40 years in Houston.

I still buy some wrecks but not as much as I used too. Last time I checked Texas had basically 4 types of ***les.

1. Parts only. Meaning it's dead and can only be s****ped.

2. Salvage ***le. Meaning the car was declared a total loss and the ***le reflects that.

3. Reconditioned. Meaning it was once declared a total loss but has since been repaired, inspected and declared reconditioned.

4. Good clean ***le, no damage.

As far as cl***ics go I would think any ***le you could register and get plates for would get the job done.

About 10 years ago I bought a reconditioned Nissan ***an that was a nice truck. I drove it for about 3 years or so with no trouble and doubled my money when I sold it.

True story.

 

In South Carolina,a salvage ***le means the car in question has been totaled and repaired,it's a good for negotiating a better deal if you don't mind the car having been damaged.

I bought Brenda a late model Town & Country van that had the hood,windshield,grille, front bumper and drivers side fender damage repaired in a accident and I saved about 8 grand because of a salvage ***le,the only problem I see is the color is slightly different and with her business she will wear it out so I don't worry about trade value. HRP

 

In some states, if it has a salvage ***le, it has to be rebuilt by a licensed facility in order to be registered. Here, if it's over 35 years old, no ***le is required, so if you hung on to it until it was over 35 years old you would be OK. HAMB friendly vehicles never had ***les here to start with, so even if it came from a ***le state, it wouldn't matter what kind of ***le it was, the state wouldn't honor it anyway.

 

Down here it would indicate that the vehicle was accident damaged and repaired by insurance company; cl***ed as a 'repairable' write-off and not a 'statutory' write-off meaning it can never be road registered again as the ID details go on a register. Vehicles over 30yrs of age from what I understand aren't entered into the register.
If not insured and sold privately for repair, the new owner after repair would not know as it's not cl***ed as a repairable write-off due to no insurance company being involved. Value is not equivalent to normal retail value and is dependent on actual vehicle itself; YOM, condition etc.

 

Bought a 67 Chevy 2 tudor post car out of a junkyard in Arizona that had no body damage. It was junked because of a cracked block. Got a salvage ***le. Bought a Victory motorcycle from the insurance company and went to my credit union and borrowed the money against the bike. No problem getting a Tn. ***le. Gave it to my son and he had all kinds of problems getting it registered in Ga. With a clean Tn. salvage ***le. Depends on the state.

 

salvage on an old car?
there was a 57 with a salvage ***le that when through one of the big auctions and really didn't hurt the value
I love buying wrecks, every newer car in my yard was either a wreck or a salvage.
I have seen cars that needed a bumper replaced and a new fender total due to age and or mileage.
usually takes 75% of a cars market value to total it
as far as new cars go, ask your bank how much they will deduct on a loan for one that has a salvage ***le (some banks still will loan on salvage cars)

I think its pretty much irrelevant with hamb friendly cars
who would p*** an a 32 with a salvage ***le, **** I would want even more