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Yes, any condition that caused the car to be totaled by an insurance company could cause it to have a salvaged title. A good hailstorm can do thousands of dollars of cosmetic damage resulting in a salvaged title.

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11y ago

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Are cars with a salvaged title unsafe?

The salvage title is used to title a vehicle that has been paid out by an insurance company. This may be because professional repairs exceed 75% of the value of the car or may be because the car was stolen and not returned within the time required by law such that the insurance company must pay out the total value. Depending on the age of the car a salvaged car may have had no damage, very minor cosmetic damage, or major damage. A vehicle that is considered not repairable is instead titled as "junked".


Salvaged title finance in california. Is it law in California that a car having a salvaged title can not be financed through a banking or credit union Stuck in a rut?

There is no law against financing Salvaged Titles. It is just that most banks and credit unioins chose not to finance these vehicles. The problem is that there can be liability if the vehicle is for whatever reason unsafe, and you sometimes do not know why a vehicle was salvaged. It could be because of frame damage or other serious damage, or it could be for water damage (i.e., Katrina), or it could be that it was just stripped by a theif, and has been rebuilt and is perfectly good, but since it was totaled by the insurance company, it is "salvaged". Some lenders will lend against a salvaged title. But they will take off 40% of the value of the vehicle due to salvaged title. So if the vehicle is worth $10,000 as a regular title, a salvaged vehicle will be worth about $6,000. I believe SafeCo might be a source for insurance. Car Cash Loans in Los Angeles (www.CarCashAuto.com) will lend against salvaged titles, according to their representatives.


How do you get a salvaged title out my name?

sell it.


Can a salvaged title car be financed?

Answerno.I have a car that is financed through a bank. I recently found out that it has a salvaged title and I am having problems with getting full coverage insurance. the bank along with me didn't know it was a salvaged title at the time so what can I do.


Can a salvaged title be cleared?

Nope..salvage title will stay forever


Does a salvaged title indicate that the car was stolen?

It means that the car has been wrecked and rebuilt. The following eleven states also use Salvage titles to identify stolen vehicles - AZ, FL, GA, IL, MD, MN, NJ, NM, NY, OK and OR. So, in these states a "Salvaged" Title could mean it was wrecked and totalled or it could also mean that it was just stolen. Also, to clarify, no damage at all has to ocur while being stolen for it to receive the "Salvaged" title. Be leery though. Sellers could use the "stolen" excuse for a title to have Salvaged on it, but in reality it was really totalled.


I found a truck that is marked for destruction, its a 2006 perfect condition and I need a truck for my company. How can I get this truck?

You need to get a salvaged title , talk to whatever city you are in to get a salvaged title. The State will give you a salvaged title. Soil can turn black due to excess water that causes poor drainages.


What happens when someone sells you a salvaged title and they did not tell you it was a salvaged title?

If someone sells you a salvaged title without disclosing it, they may be committing fraud. Depending on your jurisdiction, you could have legal grounds to pursue a claim for misrepresentation or seek a refund. It's essential to check the vehicle's title history before purchasing to avoid such situations, as a salvaged title can significantly affect the vehicle's value and insurability. You may also want to report the seller to relevant authorities or agencies.


How does a salvaged title compare to a clear title?

a salvaged title on the car basically means the insurance company calimed the car as a total lost. either due to a major accident or theft. clear title means the opposite, the car has no problems on its history.


What does a salvaged title mean for a ATV?

A salvaged title for an ATV indicates that it has been deemed a total loss by an insurance company, typically due to significant damage from an accident, theft recovery, or natural disaster. This designation means the vehicle has undergone substantial repairs or has been rebuilt but is no longer considered roadworthy or safe without further inspection. Purchasing an ATV with a salvaged title can lead to lower prices, but it also comes with potential risks, such as hidden damage and difficulties in obtaining insurance or registering the vehicle. It’s crucial for buyers to thoroughly assess the ATV's condition and history before making a purchase.


My car was totaled. it already has a salvaged title. what will the insurance pay?

It depends on many aspects, however since it already has a salvaged total it will be significantly lessened than if it didn't already have a salvaged title. Your insurance company should be able to give you specifics as to why they are offering what they do.


What is a salvaged title mean?

Car has been damaged and rebuilt.