salvage title cars

Asked by Jan 04, 2014 at 03:37 AM

Question type: Shopping & Pricing

How much less should be payed for a car with a salvage title?

4 Answers

263,735

Depends on the car. An older collectible car that is repaired properly, probably nothing, a newer daily driver , maybe 1K less. A salvage title carries a negative vibe with buyers. So in general, if the car passed a safety test and all is fine working order, you can consider buying one, but only if you plan on keep it a long time or till it is worn out, because resell will hurt you.

1 of 1 people found this helpful.
255

I would say ..take the clean trade value and cut that in half and that's the guide i use when buying salvage titled automobiles.....

1 of 1 people found this helpful.

I take the the lowest trade in value less 50%,but you also have to consider the repair cost,as well as what you can resale it for.In Ohio i think that it's getting harder to sell a late model vehicle with a rebuilt title especially if the airbags had deployed.

thanks

Your Answer

Get More Money for Your Car
Be seen by 20 million shoppers. Create Your Free Listing

Shortcuts

Shopping & Pricing Experts

  • #1
    Tom Demyan
    Reputation
    16,800
  • #2
    F_O_R
    Reputation
    7,980
  • #3
    COMETGUY61
    Reputation
    6,010
View All

Content submitted by Users is not endorsed by CarGurus, does not express the opinions of CarGurus, and should not be considered reviewed, screened, or approved by CarGurus. Please refer to CarGurus Terms of Use.