Does a salvage title affect the value of a car?

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asked Jan 19, 2019 in Buying & Selling by nikesnoope (420 points)
Does a salvage title affect the value of a car?

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answered Jan 19, 2019 by 09098r5 (730 points)
Salvage titles on a vehicle isn't always a bad thing but yes having a salvage title on a vehicle does affect the value of the car negatively.

A Salvage Title can drop the value of a vehicle as much as 20% to 40% off the blue book value.

So whatever the blue book value says your current car is worth you should drop 20% to 40% off the value of the car and that would be the approximate value of the car with a salvage title.

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