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Flood-damaged cars that are considered a total loss by an insurance company should be re-issued a "salvage" title. This means the vehicle has suffered extensive damage, typically making it unsafe ...
Buy from a licensed dealer: Massachusetts requires dealers to disclose information that might impact your purchase decision. If the vehicle’s history is unclear and you discover flood damage ...
Most commonly, a fraudulent seller will buy a flooded car from somewhere like Florida and then sell it in an area that doesn't experience these kinds of weather events, like Arizona, since buyers ...
Severely damaged vehicle total loss: A vehicle that can be repaired but which would cost more than some predefined amount (often 75–100% of the car's value) to repair. Subject to structural safety inspection before it can be driven; documentation of repairs and sources of repair parts may also be required, depending on jurisdiction.
In some cases, when the car has become disabled in a place where derelict cars are not allowed to be left, the car owner will pay the wrecker to haul the car away. Salvage yards also buy most of the wrecked, derelict, and abandoned vehicles that are sold at auction from police impound storage lots, and often buy vehicles from insurance tow ...
The insurance companies sell these vehicles to dealers or body shops who will fix them and resell them, or to auto recyclers who will part out the remaining parts of the vehicle that have not been damaged. Among these types of vehicles, there are quality cars ready to market. Late models with remaining factory warranty are not uncommon.
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