How Much Does a Salvage Title Take Out of the Value of a Car?
Salvage title value can take up to 60% off the value of the vehicle. It depends on the vehicle type as well as the reason for the salvage title. If the car has been completely destroyed and rebuilt, a salvage title will take a huge amount of the vehicle value away. If the car has been stolen, written off and then recovered, the value may only decrease by 10-20%. If you are buying a salvage title car, it is best to have it thoroughly inspected before buying. If you are selling a salvage title vehicle, you must disclose the salvage title. You can be sued if you try to hide it.