What does it mean when a car is salvaged?

Answer 1

This usually means the car is either smashed of parted out.

Answer 2

A salvage title is an automobile title with a notation that the vehicle has been damaged in excess of approximately 75% of its previous market value. This notation gets applied to a title when an insurance company pays a total-loss claim on a vehicle, but then allows the owner to retain or buy back the vehicle at its post-damage market value, which is often negligibly low. Often a vehicle is still safely driveable even if technically considered a total loss by an insurance company, particularly with older vehicles where even minor cosmetic damage would cost more to fix than the vehicle's whole market value.

A junk title is a similar notation to a salvage title, but generally indicates that the vehicle is not roadworthy.

A rebuilt vehicle is a salvage vehicle that has been repaired and restored to operation. These vehicles are often severely damaged before they are rebuilt and refurbished parts are typically used during reconstruction. In most states, an inspection of the vehicle is required before the vehicle is allowed to return to the road.

In the United States, Carfax is the most well-known company that sells title reports to prospective car buyers which, among other things, reveals these title statuses to potential buyers. According to Carfax's web site, a salvage title may also be used to indicate that a vehicle was stolen in the following US states: Arizona, Florida, Georgia, Illinois, Maryland, Minnesota, New Jersey, New Mexico, New York, Oklahoma, and Oregon.

Answer 3

It means that the car has been in a wreck and the insurance company has deemed it a total loss and the tittle is issued an "S" (salvage) at the end of the VIN number. Then someone repairs the car and tries to re-sell it. Be careful though. In Colorado the Tittle will retain the "S" at the end of the VIN number, BUT...if the car is taken out of state and re-tittled (IE. Wyoming or so) the "S" (salvage) is removed from the Tittle. Then IF the car comes back to Colorado and re-tittled the "S" is no longer on the VIN number.

Answer 4

in simple terms this means it has been wrecked and fixed back,or totaled out at one time,when one has a salvaged title on it this means its not worth as much as a regular vehicle would be worth,even though it may drive and look real good,the value of it falls almost to half of what the book price is,and its going to be more than that ,there talking about not allowing some of them to be fixed back,i wish they would do this ,because some people really get burned when buying these vehicles,but that's what a salvaged title means,,good luck i hope this help,s.

Answer 5

To salvage a car is to preserve the parts that are operatative ie, may be used to another vehichle's advantage,
Eg: if you own a Volkswagan, Fiat.. and need some parts to upgrade the performance on that car, salvaging another type of this model would enhance the car at a miminal cost.

Answer 6

If you are talking about a "salvaged" title then that means that the vehicle was crashed and the repair exceeded the value of the car.

Answer 7

The owner did not want to repair it, and junked it. You, feeling full of mustard, see a project car and buy it out of the salvage yard and rebuild it to roadworthyness.

Answer 8

1

Answer 9

That means the car has been totaled and rebuilt.

Answer 10

Interesting topic!