You’ve heard of a “salvage title car” but what does it mean and how did it happen? A car receives a salvage title when the insurance company determines the cost to repair it exceeds its worth. This is commonly referred to as a “total loss“.
Even though the insurance company has deemed a vehicle a “total loss”, the car may still be worthwhile to you. It is important to know that besides accidents, there are several reasons for a salvage title.