When a car is totaled in an accident, the insurance company has decided that the cost to fix the damage is greater than the value of the car. The car title is then “branded” as a salvage title. Accident cars, or salvage title cars, are not always damaged beyond repair and can often be used again. Buying a salvage title car can be very cost effective, but it is important to be smart and do your research. Here are a few reasons to consider a salvage title car from our expert team at Orthodox Auto Company.
The Price Is Right
Accident cars are usually sold at pretty low prices because blue book sites won’t value them, and no one really knows their value. This presents a good opportunity to get a usable car at a decent price if the damage is not too severe. Another way to save with a salvage car is by getting the right insurance. Many insurance companies won’t insure salvage cars or will charge high premiums due to the “unknowns”. However, according to our friends at carsdirect.com, some buyers use the idea of salvage title value to their favor. They call up insurance representatives and shop around for an insurer who will match the reduced value to lower premiums. That way, they got their car cheap, and they keep it on the road cheap, with a low liability premium based on the reduced value of the car.
No Need to Resell
Many people just need a car that will get them from point A to point B, and even if their salvage car doesn’t last for several years, the amount of time that the owner is able to use the car is worth the low price they paid for it. A buyer could also use the salvage car to drive to and from work, for example, while driving their second and more reliable car on long trips. This keeps the mileage down on the nicer, newer car and helps it to last longer.
Buying a salvage car can be risky and shouldn’t be taken lightly. It is tempting to buy a car online, but the risk is even greater. Instead, come see us at Orthodox Auto Company, and we can help you through the process. Contact us today at (215) 332-3500. We’d be glad to answer all your questions and help you find the best salvage solution for your vehicle.