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Industry standards followed by the National Automobile Dealers Association Appraisal Guides, Kelley Blue Book Market Report Official Guide, and the International Society of Automotive Appraisers devalue a motor vehicle that has a salvage title. The Kelley Blue Book automatically rates any salvage vehicle as "poor" and does not value it at all. [12]
Some salvage titles are the result of a car being stolen and vandalized or even having some parts stolen. Some special cases do exist. For example, your car may have a salvage title if a driver ...
A salvage title car is a car that has been declared a total loss by an insurance company. To be declared a total loss, the vehicle must be damaged to the point that the cost of repairs would be ...
The company reports market value prices for new and used automobiles of all types, as well as motorcycles, snowmobiles and personal watercraft. [16] For both new and used automobiles, Kelley Blue Book provides a fair market range and fair purchase price, based on actual transactions of what others are paying for a vehicle and adjusted regularly as market conditions change.
Copart sells used, wholesale and repairable vehicles in weekly and bi-weekly online auctions to buyers ranging from consumers to automotive businesses around the world. Copart provides vehicle sellers with a range of services to process and sell repairable and clean title vehicles over the internet, using its patented virtual auction technology ...
Classic car buyers look at the make and model, condition, and trim package, but they may be willing to pay more for a vehicle that elicits a sense of nostalgia in them–like a replica of their ...
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