What is a salvaged title?
A salvaged title is a title that is given to a car after it has been wrecked. This is does not mean that the car has had a little fender bender. It means when there has been significant damage to the point where the insurance company has decided it is irreparable. Many mechanics will apply for a salvaged title after they have restored the car to its running condition. It will have a new Vehicle Identification Number posted on the car as not to confuse it with its previous title. Most salvaged cars when restored are quite good vehicles. But there are some that are not. You are taking a huge chance when you buy a vehicle that has a salvaged title. Where do car auctions actually get their automobiles?? Auto auctions get their cars from a variety of sources. The automobiles might be from repossessions that are foreclosed by the lender or even the bank. There are some automobiles that originate from private owners who are looking to seel their auto in auction type of environement instead of