Total loss

10

Asked by Sep 18, 2016 at 11:41 PM about the 2001 Chevrolet Silverado 1500 Base Short Bed

Question type: Maintenance & Repair

If the insurance says my car is a total loss
and the insurance pays me of can I fix it
and re register it and re insure it

6 Answers

20

Yes you can buy it from the insurance company and fix it. A total loss means it would cost more to fix then the vehicle is worth.

2 of 2 people found this helpful.
7,365

Yes but it will be a salvage title vehicle

26,565

After the insurance writes it off as a total loss they have the title, you can buy it back from them but usually it goes to a salvage auction. Not all states let members of the public buy salvage titles from insurance auctions. If yours doesn't you'll have to buy it through a broker.

1 of 1 people found this helpful.
18,615

If they do let you buy it back it would be easier to buy the same make and model of yours that needs what is left good on yours and transfer it to the other car that you buy cheap that has a good clear title you can use for road use as getting a salvaged title returned to a normal title for road use can be very hard and time and money consuming.

2 of 2 people found this helpful.
10

They. Are. Letting us keep the car and paying us a check

1 of 1 people found this helpful.
18,615

Are they keeping the title? Giving you a salvage Title instead?

1 of 1 people found this helpful.

Your Answer

Silverado 1500

Looking for a Used Silverado 1500 in your area?

CarGurus has 167,072 nationwide Silverado 1500 listings starting at $1,498.

ZIP:

Chevrolet Silverado 1500 Experts

  • #1
    John Carson
    Reputation
    2,480
  • #2
    Rowefast
    Reputation
    1,980
  • #3
    Andrew Olsen
    Reputation
    1,700
View All

Related Models For Sale

Used GMC Sierra 1500
886 Great Deals out of 65,336 listings starting at $1,995
Used Ford F-150
2,318 Great Deals out of 182,094 listings starting at $1,000
Used Chevrolet Silverado 2500HD
326 Great Deals out of 29,082 listings starting at $2,995
Used Dodge Ram 1500
393 Great Deals out of 10,914 listings starting at $1,500
Used Toyota Tundra
493 Great Deals out of 32,176 listings starting at $1,999
Used Toyota Tacoma
608 Great Deals out of 42,670 listings starting at $1,500
Used Chevrolet Tahoe
665 Great Deals out of 39,392 listings starting at $1,000
Used Ford F-250 Super Duty
372 Great Deals out of 44,451 listings starting at $2,400
Used Chevrolet Camaro
412 Great Deals out of 30,658 listings starting at $3,550
Used Chevrolet Silverado 1500HD
14 Great Deals out of 278 listings starting at $2,995
Used Chevrolet Silverado 2500
7 Great Deals out of 260 listings starting at $2,900
Used GMC Sierra 2500HD
107 Great Deals out of 13,415 listings starting at $2,999
Used Ford Mustang
713 Great Deals out of 38,301 listings starting at $895

Used Cars For Sale

2017 Chevrolet Silverado 1500 For Sale
193 Great Deals out of 75,708 listings starting at $20,998
2016 Chevrolet Silverado 1500 For Sale
215 Great Deals out of 6,629 listings starting at $17,422
2015 Chevrolet Silverado 1500 For Sale
326 Great Deals out of 10,691 listings starting at $12,950
2014 Chevrolet Silverado 1500 For Sale
361 Great Deals out of 12,973 listings starting at $9,500
2013 Chevrolet Silverado 1500 For Sale
177 Great Deals out of 5,265 listings starting at $6,995

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.