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SALVAGE TITLE "Whats it worth" |
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4RUNNERB12 
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Joined: 21 March 2004 Location: Huntsville, Ala Status: Offline Points: 567 |
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 Topic: SALVAGE TITLE "Whats it worth"Posted: 30 April 2005 at 6:45pm |
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i have found a good looking truck that i am interested in, its an suv if that helps anyway how much does a salvage title depreciate a vehicle, is there an average, the kbb book value is about 5k on the car w/ a good title so whats it worth w/ a salvage title, and yes the car has been fixed already and drives good. any help would be greatly appreciated.
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Scott Mead
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Joined: 26 April 2004 Location: United States Status: Offline Points: 49 |
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Posted: 02 May 2005 at 8:25am |
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To give you an idea, Redstone Federal CU will only loan 60% of NADA retail on a salvage title vs 100% on a clean title. That's a 40% reduction.....
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