0
Yes, as long as it isn't a category b write off
Wiki User
∙ 18y ago
Add your answer:
Earn +20 pts
What is a repaired title?
I am sure it is similar to a Salvage title. The car has been wrecked and repaired.
Can you insure a salvage title car?
Some companies will let you buy liability insurance. almost none will offer full coverage. A salvage title means the car has already been totalled before.
Can you get insurance on a car after the accident?
If the car has not been repaired but the damage is cosmetic they will probably insure it for liability only If the car has been repaired it will be no problem to get insurance. If the car is deemed salvage or rebuilt, you can get full coverage, however keep this in mind. A branded title makes the car worth 35% less than average retail. The coverage AFTER the accident , of course would not caver any claims concerning that accident.
How much does a salvage title take off a cars trade in value?
Typically, salvage vehicles' value are 40% less than that of a comparable car with a clean title. This is assuming the car has been repaired/rebuilt properly and is roadworthy.
How much is it worth a 1999 cadillac with salvage title?
Assuming it's been repaired to roadworthiness, roughly 60% of the value of a comparable 99 caddy with a clean title.
What is a salvage vehicle worth if it was repaired?
Its my opinion that a salvage vehicle that has been repaired properly and is determined to be safe should sell for about 25% less than its book value. I am a salvage dealer and have found this to be fair to the buyer and seller.Just make sure the vehicle has been repaired properly as there's a lot of shoty people out there trying to make a quick buck off your ignorants. example an $8000 car should sell for $6000 a good deal if fixed properly. If properly restored a repaired salvage vehicle is worth appx 60% of the value of a comparable clean titled car, which is why so many shoddy sellers try and sell a salvage car without revealing it's salvage! An $8000 clean titled car is worth appx $4800 as salvage/reconstructed. Taking 25% off as the above states is highly optimistic. Just ask your insurance company what they would pay out on your reconstructed salvage vehicle to get an idea of its ACV (actual cash value) and you'll see that they'll take more than 25% off! However, if you've done recent repair work and upgrades they will credit you for it in the event of another accident, provided you have receipts.
Is buying a salvaged car a bad idea?
Vehicles with salvage or reconstructed titles tend to be worth about half than those without. Vehicles with salvage or reconstructed titles may or may not have been properly repaired, and may or may not have airbags and other safety devices.
What happens to a lease truck that has been wrecked?
The same as a purchased truck that has been wrecked. You will have been required to insure the vehicle. Contact the insurance company and file a claim. An adjustor will determine if the vehicle should be repaired or totaled.
Where can I find salvage auto parts?
A great place to find salvaged auto parts is at Malahat Auto Parts they have a wide selection of parts and are at a reasonable price. They have been in business for over 30 years and is the largest auto wrecker in Victoria and Nanaimo.
What does rebuilt salvage title do to value of car?
A rebuilt salvage title is issued when a vehicle has been declared a total loss. When that happens, the original title is "retired", and the salvage may be sold--often by an insurance company that paid the owner and acquired the salvage. As a way of recovering some of what it paid, the salvage will be sold by the insurer. The buyer of it may then repair the vehicle to make it road-worthy. The repaired vehicle is then issued a rebuilt salvage title in order to be "legalized" and used as a vehicle. The fact that it has a rebuilt salvage title will generally reduce the value of the car, because any buyer will know that the vehicle has at one time been totaled.
What does salvageable mean?
A car that has been brought back from the "graveyard" (or junkyard) is commonly referred to as having a "salvage title". This means that the car was either stolen and un-recovered or (most commonly) that the insurance company deemed it uneconomical to repair and declared the vehicle a "total loss". The vehicle was later repaired. In most cases a vehicle with a "salvage title" cannot receive "full coverage" auto insurance and can never be issued a "clear title".
What does salvaged car mean?
A car that has been brought back from the "graveyard" (or junkyard) is commonly referred to as having a "salvage title". This means that the car was either stolen and un-recovered or (most commonly) that the insurance company deemed it uneconomical to repair and declared the vehicle a "total loss". The vehicle was later repaired. In most cases a vehicle with a "salvage title" cannot receive "full coverage" auto insurance and can never be issued a "clear title".
