Salvage title

A salvage title is a designation given to a vehicle that has been significantly damaged, often due to an accident, flood, or theft, and then declared a total loss by an insurance company. This means the cost to repair the vehicle exceeds its market value. When a salvage title is issued, it indicates that the car is not roadworthy in its current state, but it can be repaired and re-registered. However, buyers should be cautious, as vehicles with salvage titles may have hidden issues or lower resale value. Always inspect and understand the vehicle's history before purchasing.