 OT: Salvage titles, What's the skinny |
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| Hammy |
 Mar 31 2012, 11:04 PM
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#1
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mr. Wonderful  Group: Members Posts: 1,826 Joined: 20-October 04 From: Columbia, California Member No.: 2,978 Region Association: Northern California  |
So a friend is in the market for a used 2nd gen Prius, and have been noticing a huge amount of them in private sale are salvaged title, usually due to the owner not wanting to pay back registration fees and salvaging the title??
I'm a bit uninformed on the subject, so What's the downside to a salvage title, is it higher insurance rates? I've been searching and have yet to find a definitive answer. Any info appreciated! (IMG:style_emoticons/default/beer3.gif) |
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| TravisNeff |
Apr 1 2012, 12:00 AM
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#2
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914 Guru Group: Members Posts: 5,082 Joined: 20-March 03 From: Mesa, AZ Member No.: 447 Region Association: Southwest Region 
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If liability only, no change in price as they wouldnt be paying you to replace the car - you would be on your own there. And for a liability only policy they don't check your title
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Posts in this topic
Hammy OT: Salvage titles Mar 31 2012, 11:04 PM
phatnine11 Hammy,
A salvage title has more to do with the cos... Mar 31 2012, 11:10 PM
cary
Hammy,
A salvage title has more to do with the co... Apr 1 2012, 08:46 AM Travis Neff Salvage title means the car was a total loss from ... Mar 31 2012, 11:12 PM 1970 Neun vierzehn
Salvage title means the car was a total loss from... Mar 31 2012, 11:25 PM orange914
Salvage title means the car was a total loss from... Mar 31 2012, 11:43 PM Hammy
Salvage title means the car was a total loss fro... Mar 31 2012, 11:51 PM Hammy Ok, makes sense. How come so many sellers claim th... Mar 31 2012, 11:28 PM Travis Neff Their stupid or lying. Do a carfax, that should s... Mar 31 2012, 11:34 PM Travis Neff Oh yeah, if the buyer wants to finance the car, th... Mar 31 2012, 11:52 PM kg6dxn The batteries went dead on my Mom's Prius. Ins... Mar 31 2012, 11:52 PM Hammy
The batteries went dead on my Mom's Prius. In... Mar 31 2012, 11:56 PM Travis Neff Then that scenario would be the safest purchase (n... Mar 31 2012, 11:55 PM Hammy How much more for insuring salvaged title? NOT ful... Mar 31 2012, 11:57 PM monkeyboy
How much more for insuring salvaged title? NOT fu... Apr 2 2012, 09:34 AM Hammy Interesting. Thanks for the great info everyone. Apr 1 2012, 12:35 AM 2xs performance Reg. fees have nothing to do with titles that I kn... Apr 1 2012, 07:57 AM RobW I agree with driving it until the wheels fall off.... Apr 1 2012, 08:55 AM orange914
Hammy,
A salvage title has more to do with the co... Apr 1 2012, 10:33 AM bulitt Yeah, you wouldn't want to end up with a car t... Apr 2 2012, 09:42 AM wingnut86 Prius I know something about.
Don't buy a sal... Apr 2 2012, 07:40 PM |
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