In Reply to: Salvage is determined by % damage posted by Warren on August 28, 2001 at 12:50:38:
(who owns one fabulous salvage title race car, and a rebuilt titled E30 M3).
I'm curious as to how they enforce that rule -- especially if you are 'self insured' vis-a-vis collision damage.
But of course, the whole thing makes no sense: at the 'bottom' of the value curve on our E30 M3s (say 4-5 years ago?) a $5000 accident would routinely have made them 'salvage' vehicles (using the 75% rule), but today which of us would think twice about fighting such a 'judgement' (assuming a well cared for car where market value now sits around $15k)?
We're at least agreed that 'salvage' titles don't get created out of minor fender-benders!