General Question

alvarollosa's avatar

How I can clean a salvage title?

Asked by alvarollosa (1points) January 28th, 2008 from iPhone

it’s possible? Clean a salvage title? Who knows how?

Observing members: 0 Composing members: 0

2 Answers

sndfreQ's avatar

not possible-insurance and valuation of the vehicle change permanently once it is salvaged; from an insurance standpoint salvaged vehicles are declared total losses in comprehensive plans and are paid at the fair market value (or percentage thereof) when a claim is filed. Once the claim is paid then the vehicle is devaluated to the salvage value. Of course as the owner you can still sell a salvaged vehicle but the salvage title is an indication that it has been paid off and should bot be valuated at its full resale value.

gooch's avatar

yep sndfreQ is correct but in some states you can’t even sell a car with a salvaged title more than once. In my state only a junk yard can buy a car with a salvaged title to sell the parts.

Answer this question




to answer.

This question is in the General Section. Responses must be helpful and on-topic.

Your answer will be saved while you login or join.

Have a question? Ask Fluther!

What do you know more about?
Knowledge Networking @ Fluther