Wrecked cars are often repairable and can be great project cars for buyers willing to make the necessary repairs. Properly rebuilt cars can be just as reliable and safe as any other car. Salvage cars can be a great opportunity to save money and have a little fun too.
Where do repairable salvage cars come from?
Insurance companies often declare accident-damaged vehicles as total losses rather than pay for repairs. The typical rule is that if the cost of repairs will exceed 70%-75% of the replacement value, then the vehicle will be totaled.
This can vary by state. In many cases these "distressed" vehicles are not rebuildable at all. However, in other cases, distressed vehicles have damages that can be easily repaired and are perfectly rebuildable to full safe operational condition.
In cases such as those in which a large number of vehicles are damaged at the same time, as in a flood or hurricane, an insurance company may survey only a few vehicles and then, to save time and expense, declare large groups of similar vehicles as total losses even though some of the vehicles may have only minor damage.
Some salvage vehicles have little or no damage
Oftentimes there are vehicles among those that are flood damaged that actually have only superficial damage, or no damage at all. In some states all these vehicles end up with salvage or flood titles, regardless of actual condition. Repairing such vehicles may only require some minor body wo...
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