Salvage history

Asked by GuruLZTW Apr 17, 2017 at 04:32 AM about the 1999 Cadillac Catera RWD

Question type: General

What does salvage history report mean?

4 Answers

20

It means that the insurance company deams that it will cost more to fix than the worth of the car.

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Salvage history, would be referring to the salvage title on a vehicle meaning the insurance company at one point deemed that vehicle totaled out at one point due to a accident or flooding, where it would cost more to fix the car than what it was worth. People will pick these vehicles up for cheap and fix them.

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A salvage title can also be from a police seizure or abandoned vehicle sold by a PD or the state, apart from the above-mentioned insurance write-offs. Check with your insurance agent, they may charge more to insure a salvage-titled vehicle.

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