Did you know that a car is totaled when the cost of the repairs is greater than its worth? Many people consider buying repairable salvage jeeps for sale. But is it really worth it? In this video, we will see some tips when purchasing repairable salvage jeeps for sale.
* Know the Exact Damage
The most common reason for a truck or jeep to be labeled as “salvage” is its involvement in an accident or a crash.
Other states consider it as salvage if it also experienced fire or flood damage and this is something every buyer should look into – the fire or water damage.
* Know the Purchase Details
There are some things you may want to consider when you look at a salvaged jeep. You have to take into account the insurance, financing, warranty, claims, registration, and resale.
* Always Trust Your Senses
You have to think why the insurance company would stick the word “salvage” on a unit. This is mainly due to the repair cost that exceeds the value of the vehicle. You must imagine and consider the damages that must take place to make the car worth repairing.
* Is the Price Worth It?
It’s always the rule of thumb that a salvage car is worth 60% of its make, year, and model with a clean title.