Should I Buy a Vehicle With a Salvage Title?


Quick Answer

While purchasing a car with a salvage title is a personal decision, there are obvious pros and cons to doing so. A salvage vehicle can cost considerably less, although since most vehicle value websites do not value them, finding a car's worth can be difficult.

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Full Answer

Salvage vehicles are those that have been "totaled out" by the finance company. When a vehicle is involved in an accident, and the cost to repair the damage is more than the value of the car, it is often written off as salvage by the finance company. Purchasing a salvage vehicle can, therefore, be a good deal if the purchaser has the expertise to do the necessary repairs.

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