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. Is It OK to Buy a Salvage Title Car? According to CarFax.com: "A salvage title brand is not necessarily a reason for refusing to purchase a car, but having this information available can help you make an informed decision." Not only is the information important to make an informed decision, it is imperative. In addition to knowing that the car has a salvage title, you are also going to want to know why. A general misconception is that all cars that are "salvage" have been in a serious accident. Although many of them [...]