Originally posted by Zoom Zoom Diva: I would avoid a salvage title. You can't claim any damage on it after that.
You certainly can, up to the replacement cost of the vehicle. Usually the insurance company offers trade in value as retail (as a percentage), so... Great condition, trade in would be considered roughly 80% of retail, so a private party seller of a salvage vehicle should be roughly 80% of trade in value. Otherwise you're getting ripped.
Insured for that full value, you can still make damage claims, but damage to the same stress points can total a vehicle again much quicker. Even for lower total damage impacts, because the metal can only be pulled a couple of times before cracks will form around certain areas.
I've done a lot of research over the last 10 years or so looking for the perfect project vehicle in bulder lots. Some day I will find my jewel...
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