Would you buy a newer car with salvage tittle,provided it has been check thoroughly,thanks.?

Answer 1

It would depend on the car and the price. I have seen cars that were stolen and recovered after the insurance company paid the claim. The insurance company then sold the car (they own it after the claim is paid) and the title was branded salvage. One such car had absolutely no damage, it was stolen with the key, and abandoned when it ran out of gas.

I bought the car and towed it to my shop. We put gas in it, and charged the battery. We went through the car from one end to the other and could find no other problems than it being out of gas and the battery having run down!

I sold this car to a good friend, for his wife and children. This person is someone that is like family to me, so I would not put the kids in any danger at all! They have had it for 5 years, and it is still running great!

Other cars could have had serious damage, and I would stay away from those. Have the vehicle checked out thoroughly by your own qualified mechanic. If there is a question bout the body repair, take it to a body shop and ask them to check it out also!

Salvage can mean anything from the non damaged recovered stolen, to an unclaimed impound, to one car being built out of the remains of four. Be careful, but you may be able to get a good deal on a good car!

Answer 2

I purchased a car with a Salvage title once. I test drove it, and everything seemed flawless, so just to be safe I had it checked in a shop, and they thought it looked OK. I never had any problems with it. It even got totaled a second time when I got hit in an accident, and the insurance company gave me full value for a comparable car, but by then it was about 10 years old and not worth much. I ended up keeping it for a while after it got totaled the 2nd time and re-registered it since I needed more time to save for another car.

One thing to watch out for is registration. If the registration lapsed when it was totaled, you might owe money from the times when the previous owner didn't pay registration. Salvaged cars also have to go through extra DMV inspections before they can get back on the road. Make sure the car has already passed those inspections, and make sure the registration is current, or you might have to pay A LOT of extra fees when you go to the DMV.

Also, keep in mind that its resale value will always be a lot lower than non-salvaged vehicles.

Answer 3

No, and I would highly reccommend that you do not buy the car. Salvage is just what it implies, that the car was deemed unworthy of repairing by the insurance company, because it would cost more than the car is worth to return it to the original condition. Now, that original condition is mechanical and safety, think about that. Someone buys a "salvage" car, repairs it, so it will run, but did they spend the money and / or take the time to return the car to it's original saftey specifications. I did I forget to mention, the car has no warranty, the dealer may provide a 90-day, but proably not much more than that. Also, if it is new enough that ecu codes or certain parts are obtainable only from the dealer, certain manufactures actually forbid their dealers to touch "salvage" cars. Now, if you are getting a $40,000.00 Mercedes for $5000.00 and it looks good, drives good, and spending $5000.00 doesn't bother you, sure go ahead. Otherwise, don't do it.

Answer 4

Generally speaking, no. A salvage title is given to a vehicle that was damaged to the point the repairs were more than the worth of the vehicle, and always stays a salvage title. Even if the car appears to be fixed and in good shape, there is always the possibility of hidden damage, which is why you will have a hard time getting insurance for it, and if you do find a company to cover you, they won't pay out in time of need like they should because it's already "damaged goods" in their mind.

If you move to a state that doesn't recognize a salvage title, you will be unable to get plates or use it on the road, they treat it the same as a "Junk" title.

And, when the time comes to trade or sell, it scares off potential buyers. (As it should for the reasons cited).

Answer 5

absolutely not. Salvage titles are nothing but trouble. If you ever totalled it in an accident.. it would only be worth 40% of what that vehicle would normally be worth. So.. if you absolutely DO purchase one.. make sure your only paying 40% of what you normally would. and still... your just asking for trouble. That car will never be the same.

Answer 6

If you checked it out yourself, and the reason they made it salvage title, isn't a big deal, or can be fixed, yes. It's definately a good deal.

Answer 7

If youre gonna keep the car for only a few years, and it wasnt flood damage, just a minor wreck, then I would, depending on the model.

Answer 8

Are you thinking about getting one is that why you are asking us. If it was me and i had a top notch mechanic look at it very very good and at ever thing. As long as you could not find a thing wrong with it. After he did that then i would tell him what i was going to do and get his opinion. If he said buy it and i trusted him then i would go ahead and get it.

Answer 9

no i wouldn't,one main reason is i use to buy them and repair them,and re-sale them,and i know that everything can not be made perfect on them,once their bad enough to be totaled out they should be left that way,they always give problems no matter how good it looks if you ever decide to sell it,you,ll never re-gain half of the money you have in it,and in most cases they will give a lot of problems ,you can get them real cheap,but their not worth buying,also insurance company's now are getting real strict on how they insure these,so you may not be able to get the coverage you want on it,id just pass on it,like i said i have built a few ,and i know some of the things that can go wrong when fixing one back,good luck on it.

Answer 10

No, I wouldn't.