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What is a Salvaged Title Vehicle?

salvaged title vehicle
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What is a Salvaged Title Vehicle?

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Salvaged titles are issued to vehicles that have been declared salvage by insurance companies. If a vehicle is damaged and the value of those damages total more than the vehicle’s worth, insurance carriers will deem the car to be totaled. When this happens, the vehicle is usually forwarded and sold to salvage companies. The salvage company sells the vehicle for parts. However, the companies may choose to repair and sell the vehicle. These vehicles are issued a salvage title and sold. Some state require that repaired vehicles be issued a rebuilt title before selling. Salvage Risks There are certain risks that come with a salvage vehicle purchase. While some salvaged vehicles are in rather good condition, needing only minor repairs, other vehicles may be totaled due to bent frames and other extensive damages that can make the vehicle a hazard. Electrical damage, frame damage and other pre-existing conditions can result in harm to you and others. These risks become strong considerations f

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