5 Things You Should Know About A Salvage Title

You’ve finally found your perfect used car after an extensive search in local markets and online. A car which best fits your requirements like low mileage, perfect price, and good looks.

The deal looks attractive until you find out it is sold with a salvage title.  

Don’t worry! A salvage title is a label that describes the condition of a car. It isn’t necessarily a mark of car’s death, but yes, you need to be more careful purchasing a salvage car.

The points you should know before purchasing a salvage car

  • What is a salvage?
  • How to identify a car with a salvage title
  • The Risks
  • When you should consider a salvage car
  • Buying and insuring a Salvage Titled Vehicle

What is a salvage?

If your car met with an accident and the repairing cost is too high compared to the value of the vehicle, your car insurance company will declare it a total loss and take its possession. In some cases, such cars are sold to a repair facility and the vehicle is rebuilt or fixed. Such a vehicle gets a label called as “ Salvage Title”.

However, the criteria for determining when a salvage title is issued differ considerably in each state, province or territory. A salvage title doesn’t always apply to collision damage vehicles, it also applies to the cars with significant damages like fire, flood,  hail or stolen and then recovered.

How to identify a car with a salvage title?

In many cars, you’ll see the label on the vehicle’s title which identifies it as a salvage or repaired salvage. 

In many states, you’ll also see the title branding. This title branding identifies if a vehicle was a former taxi, a police car, a remanufactured vehicle, a lemon-law buyback or a warranty return.  

Unfortunately, not all cars with branded titles will have them noted in vehicle’s title. Hence, it is a necessity to get the vehicle history report of your selected car. Vehicle history report will give the detailed information on any salvage titles in the car’s history, and it may also show the information like why the title was branded in the first place.

You can get a vehicle history report on VehicleCheckUSA by spending 8.99$ or you can also get 3 vehicle history report at the price of 13.99$.

Once you are sure about a car, right before the final purchase arrange a mechanic inspection. Their trained eyes can identify if any repair work is done in the vehicle if any flood damage exists, and where vehicle systems are not operating properly. Mechanics can also find forged parts in a car.

The Risks

Out of the many risks of buying a salvage title car, the biggest one is that you might not know the extent of the car’s damage.

Some other factors that need to be considered before purchasing a salvage title car.

  • Safety –  There were certain incidents noticed in the past when the salvage car builders used money-saving tactics to cut safety concerns like airbags etc.
  • Fraud – Don’t trust dealers or sellers blindly. Many dealers try to sell the salvage title cars claiming that the damages are minor and cosmetic, but it’s not always true. Hence, always ask for the documentation if buying a salvage title car.
  • Low Value – Many dealers don’t often accept the salvage title car, this means that you may find it hard to sell your salvage car. Also, since the value of your salvage title vehicle is low in the event of an accident, your car insurance company is not going to pay you much.

When should you consider a salvage car?

Salvage title car can be useful If you are looking for at a vehicle for extra parts. Salvage titled vehicles can be an excellent purchase for those looking to revive or extend the life of another car.

However, if you’re planning on buying one to drive right away, salvage title cars are not for you. Buying and Insuring a Salvage Titled Vehicle Despite the risks, if you are still determined to buy a salvage car, we have a complete list of steps to ensure a safe purchase for you

  1. Get the vehicle history report form VehicleCheckUSA 
  2. Get the mechanic inspection done
  3. Ask the seller for all repair records
  4. Find out when salvage title was issued to the car. If it was issued long ago and the car is still functional means the repair apparently was adequate. But, if the accident or damage occurred recently, there’s greater uncertainty.

Broken Car | Salvage | Vehicle Check USA

Make a wise decision while picking up your used car. Never purchase a used car without evaluating the detailed vehicle history report.

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Every used car has a back-end story and some of them are nothing short of a nightmare. So, always look for the Vehicle History Report before purchasing a used car. It will help you know if a car has a clean history or hidden problems. We have data available for every used car sold post-1982.

 

Which Car is Right for Me?

Buying a car is one of the biggest decisions of your life and if you are in the market to buy a used vehicle, it becomes even more difficult.

Based on individual requirement each person has their own set of desires: color, size, performance, fuel efficiency, reliability, safety, comfort, luxury, and style

 

So if you are looking for comfort, speed, space or any other specification, we at VehicleCheckUSA will help you make a wise decision. You can also get the vehicle history report of the car you select at  http://vehiclecheckusa.com/vincheck/

The first and most important thing which you should take into consideration is the body style.  Most of the cars are divided into 2-box, 3-box body styles, with up to 4 pillars. The posts or support around a vehicle’s window is called as pillars.

Generally, we see 3 pillars in a sedan or hatchback, whereas station wagon, SUV will have 4 pillars.

Buying a Used Car | VehiclecheckUSA

Sedan

A sedan is a classic choice if you are looking for practicality and utility. It is stylish and budget-friendly. It tends to provide better fuel economy, affordability, handling, and performance. Looking at its safety and handling, the sedan can be a good choice for all new drivers.  

An average sedan has four doors,  a full-sized trunk and seats five adults. Engines in sedans are more powerful than those found in compact cars. Since they are close to the road and have the lower center of gravity, they perform better around corners and sharp turns and hence, they are less prone to tipping and rolling over.

Buying a Used Car | VehiclecheckUSA

Coupe

The coupe is stylish and sportier if compared to the sedan. It’s the best pick for singles or couples.  Coupe has two doors and a low, fixed roof, which makes it stands out on the road. Buyers who value style and experience can think of coupe.

A coupe is shorter than a sedan. It may or may not have a back seat.

Buying a Used Car | VehiclecheckUSA

Hatchbacks

Hatchbacks are known for their utility and style. They are smaller than SUV but larger than a sedan. The extended trunk in a hatchback makes it different from a sedan. A hatchback has the rear door, top-hinged trunk, and foldable rear seats.  This extended space in a hatchback makes it perfectly fit for small family or executive cars.

Buying a Used Car | VehiclecheckUSA

SUV

Sport utility vehicles (SUVs) has the utility and capability of a pickup truck with the passenger capacity of a sedan. They are usually equipped with a large cargo bay. They are large and have at least some off-road capability. They are generally less fuel-efficient than smaller sedans and crossovers.

Buying a Used Car | VehiclecheckUSA

Crossover

This car is a crossover between a sedan and an SUV. It has passenger space like an SUV and fuel efficiency of a sedan with the cargo. Crossovers are available in four-wheel, rear-wheel, and all-wheel drives. They have better fuel economy than full-sized SUVs, gives an extra ground clearance and a more commanding view of the road. They are cheaper, but best fits light off- roads.  

Buying a Used Car | VehiclecheckUSA

Trucks

Mostly, trucks are designed for rugged and big tasks. However, some trucks also emphasize style and comfort. Pickup trucks are the best option to haul cargo over uneven terrain. All pickup trucks come with a separate cabin and open rear cargo termed as “bed”. On the other hand, the extended-cab truck has a shorter bed and longer overall length.

The main differences among the range of trucks are their overall size, gas mileage, engine power and hauling ability.

Buying a Used Car | VehiclecheckUSA

Minivans

Even after the availability of the wide range of crossovers in the market minivans are families first choice. They are tall and have spacious 3-row seatings. Minivan covers up its average look with high functionality features like more cargo space, more ways to configure the interior, comfortable third-row seats, easy access, and plenty of storage cubbies that make it an all-time favorite car for large family.  

Buying a Used Car | VehiclecheckUSA

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Every used car has a back-end story and some of them are nothing short of a nightmare. So, always look for the Vehicle History Report before purchasing a used car. It will help you know if a car has a clean history or hidden problems. We have data available for every used car sold post-1982.

 

How to Buy a Used Car?

Buying a good used car is nothing short of a treasure hunt. But, it can be much easier if you plan well.
Make a list of all necessary points to be checked for a used car purchase, like pricing guides and vehicle history reports.

According to the statistics only about 40% of the Americans can afford to buy a new car. Whereas, 40 million used cars exchange hands each year.

With sales of more than 40 million used cars a year totaling some $361 billion, there’s no question that a used car has value.

When the market is full of choices, finding that one perfect car can be a big challenge.

So for your convenience, we’ve created a list of steps to help you find a perfect car.

Budget

Try to set a budget before initiating the car search. Look for the options available in your range. Also, decide how you’re going to pay for the purchase. Typically, there are two ways: pay cash or take out a loan. Budgeting can be very simple if you are paying cash, remember to keep the registration and insurance amount aside. Pre-approval for a car loan can be a smart decision. It simplifies the buying process and puts you in a stronger position at the car dealership.

Car Model

List out the reasons why you need a car. It will help you remain focused when faced with multiple options in the market, or sales talk at the showroom. The list containing all the must-have and good to have features will help you make a good decision.

Reliability and Ownership Costs

Make sure you’re choosing a model known for its dependability. Every used car has been driven to certain miles, so always check the detailed specifications and choose a car that’s less likely to break down. Also, don’t get attracted to a car based on a lower than expected price. Some cars are cheap to buy but may carry hidden costs (insurance, maintenance, repairs, depreciation) which eventually makes you pay a higher amount. If it sounds too good to be true, it probably is.

Locate well-used cars

You can locate used cars by following the traditional way, by walking the car lot and checking in the local market. Or, you can also check various websites that list used cars. Once you are sure about your selected options, check the pricing guides to find out what the experts say about your selected car.

Check the Vehicle History Reports

Use the vehicle identification number to know the detailed vehicle history report of your selected car. You can get the Vehicle Identification report on VehicleCheckUSA by just typing your 17 digits alphanumeric Vehicle Identification Number.

Go on a test drive

Test-driving a used car helps you identify some of the issues and comfort of the car. A test drive is the best way to know if the car fits your needs.

After the test drive, also check the service records. Service records will show you if the car has had the scheduled maintenance performed on time or not. Try to get the car inspected by a mechanic to verify that the car is good. If the seller seems hesitant, it might be an indication that they are trying to hide something.

VINCHECK

Wishing you all the best for your car search.

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Every used car has a back-end story and some of them are nothing short of a nightmare. So, always look for the Vehicle History Report before purchasing a used car. It will help you know if a car has a clean history or hidden problems. We have data available for every used car sold post-1982.

 

How to Check the Hidden Cost of a Used Car

Other than your home, your car might be the most expensive purchase that you’ll ever make and to make a wise decision it is important to be aware of all the hidden costs associated with purchasing a used car.

 

Here’s a complete list you must follow if you’re in the market for a used car:

 

  1. Always compare the vehicle based on selling prices and payment quotes. The comparison will prove whether the vehicle will be afforded during ownership or not.
  2. Other than the price and payment structure, variables that can affect the total cost of your purchase and ownership of a used car are state licensing fees, local tax rates, leasing charges, loan interest rate (if financed).  

 

Loan Interest Rates

 

Whenever you finance a vehicle, a monthly payment is made for a predetermined number of months. This monthly payment is totally dependent on the amount of down payment, the term/length of the loan, and the loan’s interest rate. Usually, the loan for a used car has a  higher interest rate compared to a brand new car. To reduce this you can make a bigger down payment or extend the term of the loan. Finding a financing with a lower interest rate can also be very helpful. Hence, it is recommended to figure out the financing before shopping.

 

State and Local Tax Rates

 

You might be able to save yourself from paying tax amount if you choose to buy a car in a different city or county within the same state or in a neighboring state.  Most states and cities require car buyers to pay sales tax based on their place of residence rather than where a vehicle was purchased. Many states also require a temporary license plate from the state it is purchased and adds to the total cost of the purchase.

If you picked a car far from your residence, be sure to examine all the potential tax benefits carefully and check the hidden tax pitfalls resulting from the deal. Also, choose a less expensive vehicle as taxes are based on the selling price of the vehicle.

 

State Registration and Licensing Fees

 

Each state sets its own registration and licensing fees. These fees often are the same regardless of the type of car registered and licensed. In some states, however, fees vary depending on the age of the vehicle, purchase price, taxable value, weight, owner’s driving record, whether the car has a lien against it, among other factors, so choose to keep all factors in mind.

Hidden cost of a used car | VehiclecheckUSA

 

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Every used car has a back-end story and some of them are nothing short of a nightmare. So, always look for the Vehicle History Report before purchasing a used car. It will help you know if a car has a clean history or hidden problems. We have data available for every used car sold post-1982.