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Posted by ptdaniel on September 04, 2001 at 14:51:32:

In Reply to: titles?? posted by Mike Kramer on September 03, 2001 at 18:48:18:


just wondering about the a salvage title. can it be insured? will insurance be higher?? what does it mean??

Check the archives for past discussions on this point. The bottom line is that a car with a salvage title has had an accident where repair costs represented a *significant* percentage of the car's market value at the time (figure 70% or more).

It's not something to be taken lightly; the current market value will be severely affected by a salvage designation, but they are insurable.


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