salvage titles

Asked by Sep 06, 2017 at 03:34 AM about the 2004 Lexus GX 470

Question type: General

Why the vehicles with salvage titles being sold ?  JTJBT20X640055077

2 Answers

172,835

Because they want to sell them. I would not buy a salvage car.

1 people found this helpful.
10

I have salvage title Toyota truck 1983, runs without a glitch. When I got it, didn't know what "salvage" meant...I guess was lucky. From what I understand, the term runs the gambit from 'written off by insurance after accident' to 'paid off by insurance after reported stolen then found', etc., etc. In later example, I suppose, insurance would not "own" the recovered vehicle, so they let original owner take it or they sold it to whoever is selling as "salvage".

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