How Do You Buy A Salvage Title Car, Saving You Thou$Ands?
If you can pay cash for a car, you’ll be surprised at the car you can get! Buying a salvage title car sounds risky, but when all is said and done, you can have a reliable car for 50%-70% less than you’d pay for the same car from a dealership. Step 1 Learn what a salvage title auto is, then get OK with it. When a car is wrecked and totalled by an insurance company, the cars are usually sold by the insurance company to auctions, dealers, etc. You, the cost-conscious car buyer, pay cash for a wrecked car, which you have repaired by a body shop. After the repairs, the car passes an inspection before it can be put on the road. It has been refurbished! Insurance companies will insure a salvage title car, usually for a lower value than a clear title car. (That’s OK– Lower premium!) Frequently, an insurance company will total a car without an enormous amount of damage, under certain circumstances. For instance, the car was brand new when it was wrecked, the wreck causes the car to lose its wa
