What You Should Know About Buying a Car That Has Been in an Accident

If you’re looking to squeeze the most value out of your next used car purchase should consider buying a car that has been in an accident. That may sound counterintuitive, but the fact is, when a vehicle is in an accident, it loses a big chunk of its value. There are plenty of used vehicles that have been in accidents that are in great condition, but their value has dropped because of a collision. This means big savings for you.

Read on to learn more about the ins-and-outs of buying a car that has been in an accident, more about whether or not buying a car that has been in an accident is bad, and where to buy accident-damaged cars. Then, if you decide you want to buy accident cars, visit a AutoSavvy location near you.

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Is Buying a Car That Has Been in an Accident Bad?

That depends. If you’re considering buying a car that has been in an accident, you’ll need to know three terms: “salvage title,” “rebuilt title,” and “branded title.” Before you buy accident cars, or consider where to buy accident-damaged cars, take a look at our quick summaries of each term below:

• Branded Title: A branded title is any car that has been in an insurance incident. This category encompases both salvage title and rebuilt title cars.
• Salvage Title: A salvage title vehicle hasn’t necessarily been in an accident. It’s car that was in an insurance incident was deemed to be “not worth the cost of repairs” by the insurance agency. The majority of these cars get junked, but there’s a small subsection that are salvaged based on technicalities internal to the involved insurance agency’s protocol. Unfortunately, while still in their salvage state, they’re not insurable or legally driveable, which tarnishes their value.
• Rebuilt Title: In order to drive a branded title vehicle, it needs to be restored and pass a DMV inspection. If the vehicle in question passes, it’s rebranded with a “rebuilt title.” These vehicles offer high value to used car shoppers on a strict budget. That’s because, while they’ve experienced major depreciation, they’re in good condition. This means that when drivers buy accident-damaged cars, they can find quality used vehicles for less money.

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Where to Buy Accident-Damaged Cars

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Visit an AutoSavvy Location Today!

Still think that buying a car that has been in an accident is bad? Come take a test drive at one of our dealerships — we bet you’ll change your mind! We’ve sold tens of thousands of vehicles to happy customers. Don’t forget to check out the complimentary warranty on our branded title vehicles or our inventory of branded title Subaru vehicles and salvage title SUVs for sale!