The listicle is a “short-form of writing that uses a list as its thematic structure, but is fleshed out with sufficient copy to be published as an article“. You may recognize this type of article as one of the “Top Ten” lists that are widely shared on social media.
Where Do Those Cars Go?
A lot of people have the unfortunate experience of being in fender-benders. Fortunately, in most cases, drivers and passengers end up personally unharmed. Many times, insurance companies “write off” the car, declaring it a total loss. You may think it’s repairable, but the insurance company decides that the repair cost is too close to the actual value of the car.
Saab Cars And Their Enthusiasts
Saab is the much-beloved Swedish car manufacturer that went out of business in 2011. That was only two years after parent company General Motors, in the middle of its own bankruptcy, sold it to an investment group. The Scandinavian carmaker had a reputation for solid engineering and quirky designs. This was the first brand to introduce headlight wipers and heated seats as standard equipment.
Finding A Discount High- Performance Car Can Be A Chore
You dream of buying a high-performance car. It could be an American Muscle Car with horsepower and straight-line speed, a German car meant for the Autobahn or a Japanese coupe with a high-revving engine. Performance, however, comes at a premium price. These cars can command high resale value and are still pricey used. But, there is an alternative, buy a salvage high-performance car at auction.
There are many different ways to get a car. You may buy or lease an auto, or if you are tight on cash and want to save some money, there are used car dealerships that can help you or even buying a second-hand car from someone you found on the newspaper or Craigslist. And there’s a salvage car auction.
It happens to a lot of us. You absolutely love your current car. It gets you to work and back, and is great fun to drive on the odd road trip. It has been reliable, despite being old enough to be out of warranty. But one day, it has a catastrophic failure or sustains a fair amount of damage. Your insurance doesn’t cover the damage or it has a high deductible. Whether it’s a trashed interior, the engine seizing up, or torn bodywork on the front end, you are looking at a sizable bill for parts and labor. If you want to keep the car, here is an affordable solution: buy a salvage car for parts you will use to repair it.
Labor And Car Parts Are Expensive
There Are Lots Of Stolen and Recovered Cars In the US
In the United States, over 700,000 cars are stolen each year. The authorities recover an average of 46% of those vehicles. That percentage varies by state: while Alabama has only a 28% percent recovery rate, Washington State had 71% and Utah, 63%. As a general rule, agencies must classify as Motor Vehicle Theft all cases where automobiles are taken by persons not having lawful access ”even though the vehicles are later abandoned”.
When a vehicle is stolen, the insurance company is (usually) alerted along with the authorities. If the car is not recovered by the next 3 weeks to a month, the insurance company will consider the vehicle as a write-off and the pay the value of the car to the insured. If the car appears after that period, the insurance company will take possession and issue a salvage title for the car. At that point, the car is considered a “stolen and recovered” vehicle and is given a theft recovered salvage title.
Salvage cars are normally those that have damages that are equal or exceed the cost to safely repair. The purpose of titling the car as salvage is to alert potential future buyers that the car has sustained damage. However, with stolen vehicles, insurers are also looking at different factors, including the time from theft until recovery. The reason is simple: uncertainty. An insurance company does not know whether the car was driven while in possession and control of the criminal(s). Car thieves aren’t exactly known for taking care of the cars they steal unless they are going to export it somewhere, for example.
Buying A Stolen And Recovered Car Could Be A Good Deal!
Salvage Title Automobiles
is one that has been written off by the insurance company because the cost to repair the salvage car exceeds its estimated value. This will vary from state to state, but for the most part, that number is over 60% of the value of the salvage car. At that point, the insurance company will write-off the car, pay the claim and request a salvage title for the car.
Repairable And Nonrepairable Salvage Car Titles
When shopping for salvage cars for sale there is a very important distinction. Some salvage cars are repairable, but others are not. In general, a car that has been written off is deemed salvage, and the title is issued or marked as such for any future buyers.
Some of the reasons that may give a vehicle a salvage title include collision damage, flooding, theft, hail, etc. For example, Oregon defines an Oregon Salvage Title Certificate as a “legal document that indicates the vehicle was totaled, wrecked, dismantled, stolen, or abandoned. It also indicates ownership of the vehicle.”.
Why Do Cars Have Norepairable Salvage Title?
Some salvage cars are titled ”non-repairable”. The State of California DMV defines it as “a vehicle that has no resale value except as a source of parts or scrap metal, and which the owner irreversibly designates solely as a source of parts or scrap metal.” You are basically buying a bunch of parts and junk metal.
There are some limited exceptions (classic cars, for example) but that’s for another article. For the most part, this classification means that the nonrepairable titled salvage car cannot be titled as anything but destined for dismantling and junking.
Once a car or truck is declared nonrepairable, the general rule is that no other state will grant it a rebuilt title. Oregon, for example, will not issue a salvage repairable title to any vehicle that has the following designations in the out-of-state title :
• Parts only
• Wreck, Dismantler, or Wrecker only
Why Cars Are Repairable Salvage