How much of a hit price wise does a salvage title

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03-16-2010, 04:27 PM

#11

Steponme

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A fair rule-of-thumb is 30% less than a comparable, non-salvaged car.

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03-18-2010, 04:05 AM

#12

David1

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Make sure you can insure it. My insurance company, one of larger ones, will not provide any coverage even liability. So a salvage title car for me is a track car only.

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03-18-2010, 09:07 AM

#13

Maxx1

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Quote:

Originally Posted by hirev,Mar 16 2010, 11:13 AM

I am an insurance broker, a salvaged car has no value for comp and coll coverage due to the salvaged title. expect values to be half of normal car values even if the car is fine in your eyes, it is the world that does not value these cars.

Thanks all for the good info! I decided to pass on the car even though it wasn't hit very hard.