How do you find the value for a salvaged vehicle?

Answer

Typically salvaged vehicles lose 50% of their NADA or KBB value, but usually this only matters if you are using your salvaged vehicle as a trade-in. The actual value loss can range greatly if you are selling it to a private party. This will be largely determined by the extent of damage to the vehicle and how concerned the buyer is with the damage or the effected repairs. If the repair work has been done professionally, the vehicle may not even lose value. One item to note, however- some insurance companies will not insure a salvage title vehicle or will atleast limit how it can be insured.

If one is buying a used car, a used car value could be determined by asking for the car's history. This history includes all the service/maintenance done to the car, repairs/crashes it has gone through and the price difference of the used car and the new model.

Answer

A salvage/reconstructed car is worth roughly 40% less than a comparable clean titled car. Check nada.com or kbb.com to get an idea of clean titled value.

• Can her bother chang a will that her mother wrote in mississipp he is a power of attorney?
• What does the initials GXI mean?
• What is the value of a 1971 Datsun pickup?