what will happen if i buy a salvage car?

Question

im intrested in buy a salvage car but i want to know as a buyer how will that affect me. first of all will i be able to get it registered and get insurance for it. two ive heard that once you buy a salvge car then the title changes and then therefore not a salvage car no more is this correct? anything else i should know before buying a salvage car? thank you

Answer 1

some states allow this. check your state guidelines. beware of the difference between salvage and junk there is a difference a salvage title in most states are transferable into salvage rebuilt titles with proper safety inspections and legal to drive thereafter. as junk titles/reciepts are junk and cannot be applied for after junked unless junked in error form is filled out by the junkor, therefore standing would be back to a good title. you can keep a salvage car as long as you like and not pay taxes on it until you apply for the rebuilt title and put it on the road

Answer 2

A salvage titled car can be an extremely great bargain. I've owned 4 salvage titled vehicles and other "clean titled" vehicles. I've had better luck with the salvaged titled cars. I don't care what kind of title a "used" car has. If you're buying "as is" you could be buying a pig in a poke, no matter what. Even brand new cars aren't always reliable, else-wise there wouldn't be a "Lemon Law" on the books. So you take a chance no matter what. I am still in possession of 2 salvage cars. One has a "cleaned' title and Car Fax tells that its accident free, (but it has been wrecked, you can easily tell) so you can't completely trust anything. The car was sold to me by a reputable dealership as a clean titled car, but I knew what I was doing so I got them to almost give it to me. The other car has a salvage title. I bought it in 2001 with 28K on it and it has 157K on it now. It still has the original battery in it! I've never had trouble getting "full coverage" and I didn't have trouble getting a loan on it either.

Answer 3

It will always be on record as a salvage car. That much I do know.

You can't get collision or comprehensive insurance on it to the best of my knowledge.

If you don't get all your answers on here, I would suggest asking the guys at askautopro.com. They seem to know everything.

Answer 4

Not to be mean, but really if youre asking this question, you probably shouldnt buy one. They can be great deals if you know what youre looking for and you plan on keeping it for yourself. A salvaged car can be hard to get rid of,hard to ever get perfect and the papertrail that follows it can get annoying too.

Answer 5

You can probably get it registered if it's been repaired, but it might need to be inspected first, depending on your state. You'd have to have the title changed over.

Also, you might have a hard time getting an insurance company to give you collision & comp coverage on it, so you'd better pay cash.

Answer 6

in some states you cant register a salvage car.

Answer 7

not true ,it always remains a salvage car,but if you don't plan on re-selling it then you can drive your money out of it and in the end still make money on it ,,when you re-sell it,i have bought and sold a few salvage vehicles and you can drive your money out of them real easy,,good luck,i hope this help,s.

Answer 8

there is no law says you cannot re title a salvaged car. thats why they have salvage titles

Answer 9

You may be spending lots of money for new tires every few months or soaking up water from you carpets after the rain.

Answer 10

He who drives a used car drives a hard bargain