Salvage cars for sale are cars that have been in some type of accident. Salvaged cars run the gamut from antiques to newer models. Each state has different rules that govern how a car can be salvaged and how any salvage cars for sale are handled. Some states require that the salvage cars for sale are inspected by a Department of Motor Vehicle Inspection Officer before it can be re-titled and sold.
How Much is It Worth?
These can have extensive damage or the damage may be minimal but the damage may have exceeded the value of the car so the insurance adjuster just junked the vehicle as a total loss instead of authorizing payment of the repairs this happens quite a bit with older cars. The repairs may far exceed the value of the car or there may be some question as to the stability of the frame of the car. In some cases the repairs are not that extensive but may affect the motor or the drive train and most insurance adjusters will list a car as totaled if either of those two items is damaged.
To make sure you are not getting ripped off you should first research the blue book value for the make and model of the car. This is its retail value through a dealer, it operates under the assumption that the car is in immaculate condition. Also look around at classified ads to see what the car is selling at on the second hand market; salvage cars for sale should be a lot less expensive.
They can be a really great deal, if they are safe. Having a good mechanic with you will not hurt the effort to be sure that the salvage cars for sale are in good working mechanical order and they are safe.
What Types of Cars Wind Up As Salvageable?
Sometimes cars whose purpose solely is for various testing procedures are later sold for salvage. The transfer document will specify instructions stating that the vehicle may not be titled for use on the road.
“Junked” vehicles are essentially vehicles whose individual parts are the only useful aspect. Junked vehicles are not salvageable and are not sold as salvageable; typically the titles for junk vehicles will state that they are part cars. A car that is sold as a salvaged vehicle will have that noted on the title as well. The title will typically state SALVAGED and will have the date that the vehicle was salvaged. The car will be able to be road ready once the DMV inspector has a look at it. The history of the salvage will always remain on the title.
Salvage cars for sale are not usually the first thing that comes to mind when looking to purchase a vehicle, but there can be some good deals found. Salvaged cars for sale do not necessarily mean a “junk” car for sale.