Salvage Title

Welcome to AutoSavvy’s guide to salvage titles. If you’re here, you’re likely curious about what a salvage title is and how it might affect your car buying or selling process. We’re here to help clarify things for you.

What is a Salvage Title?

A salvage title is a designation for a vehicle that was involved in an insurance incident. This means the insurance company deemed the cost of repairing the vehicle exceeded its value. Insurance companies then assume ownership of the vehicle, and make payment on it. Once a vehicle receives a salvage title, it can no longer be legally driven on public roads until it has been repaired, inspected, and relicensed.

Why Do Vehicles Receive Salvage Titles?

Vehicles can receive salvage titles for various reasons, including:

• Accidents: A severe collision can cause enough damage to make repairing the car uneconomical.
• Natural Disasters: Floods, hurricanes, and other natural disasters can inflict significant damage.
• Theft Recovery: Vehicles that are recovered after being stolen might have been stripped of parts or damaged.
• Vandalism: Extensive vandalism can render a vehicle economically unfeasible to repair.

Is a Salvage Title Different Than a Branded Title?

Yes. A branded title is a vehicle that was at one time a salvage title but has since been repaired or refurbished and inspected. You can easily differentiate the two title designations by categorizing them as:

• Salvage – Vehicles still in a damaged state.
• Branded – Vehicles that were in a damaged state, but have since been repaired or refurbished and have been inspected. AutoSavvy branded title vehicles undergo a triple inspection to ensure safety and reliability.

You may have heard a branded title referred to as a rebuilt title. These terms can be used synonymously in almost all cases.

Is Buying a Branded Title Vehicle a Good Opportunity?

Purchasing a branded title vehicle can be an excellent opportunity for buyers, provided they understand the potential risks and rewards. Here are some benefits and considerations:

Benefits of Buying an AutoSavvy Branded Title Vehicle:

At AutoSavvy, we specialize in branded title vehicles. Our commitment to quality and transparency means you can trust that every vehicle in our inventory has been thoroughly inspected and repaired to meet or exceed industry standards.

1. Lower Purchase Price: Branded title vehicles at AutoSavvy typically sell for 10-20% less than comparable vehicles with clean titles.
2. History Reports: AutoSavvy provides a vehicle history report by AutoCheck on every vehicle we sell. Transparency and honesty are what make AutoSavvy Branded Titles different than branded title vehicles sold at other dealerships.
3. More Car: Since AutoSavvy Branded Title vehicles often save our customers thousands of dollars, they can afford to buy the higher trim level that was previously out of their budget. We like to call this buying More Car.
4. Warranty: Buying a branded title vehicle may seem like taking a risk, but at AutoSavvy you can protect your purchase with a free warranty that provides additional peace of mind. Leave the lot knowing we’ve got your back.
5. Comprehensive Inspections: Every branded title vehicle at AutoSavvy is triple-inspected and undergoes a rigorous 151-point inspection to ensure safety and reliability.

Common Questions About Salvage Title Vehicles

1. Are salvage title cars safe? Yes, salvage title cars can be safe if they are repaired correctly and pass all necessary inspections. At AutoSavvy, we ensure every vehicle meets stringent safety standards.

2. Can you finance a salvage title vehicle? Yes, AutoSavvy works with various lenders nationwide to help you secure financing. No matter your credit history, our financial experts will do all they can to find the right financing option to fit your budget.

3. What is the difference between a salvage title and a rebuilt title? A salvage title is issued to a vehicle that has been deemed a total loss by an insurance company. A rebuilt title, on the other hand, is issued to a salvage title vehicle that has been repaired and inspected to meet safety and emissions standards. Rebuilt title vehicles can be legally driven on public roads.

5. Can you get insurance for a branded title vehicle? Yes, you can get insurance for a branded title vehicle. AutoSavvy has sold over 100,000 vehicles in our history — all of which needed insurance. Our sales team is always willing to provide you with recommendations for insurance providers.

6. How can I verify the repair quality of a salvage title vehicle? It’s crucial to have a salvage title vehicle inspected by a trusted, independent mechanic before purchase. At AutoSavvy, we perform comprehensive inspections and provide detailed history reports to ensure transparency and quality.

7. What types of damage can lead to a salvage title? Salvage titles can result from various types of damage, including collision, flood, fire, hail, and theft recovery. It’s important to understand the nature of the damage and the extent of repairs needed.

Definitions

Vehicle Damage

Theft

Buying Questions

Insurance

Financing

State-Specific Questions

Arizona

Texas

Utah