 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: 1,827 Joined: 20-October 04 From: Columbia, CA./ Tuolumne 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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| Hammy |
Mar 31 2012, 11:57 PM
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mr. Wonderful Group: Members Posts: 1,827 Joined: 20-October 04 From: Columbia, CA./ Tuolumne Member No.: 2,978 Region Association: Northern California |
How much more for insuring salvaged title? NOT full coverage, no financing.
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| monkeyboy |
Apr 2 2012, 09:34 AM
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#3
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Senior Member Group: Members Posts: 808 Joined: 8-June 08 From: Los Angeles, Ca Member No.: 9,147 Region Association: None |
QUOTE(Hammy @ Mar 31 2012, 10:57 PM)  How much more for insuring salvaged title? NOT full coverage, no financing. You need to check with your agent, but some companies will not insure a salvage 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 Travis Neff If liability only, no change in price as they woul... Apr 1 2012, 12:00 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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