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  2. What Is a Car Salvage Title and Is It Safe? - AOL

    www.aol.com/car-salvage-title-safe-140800143.html

    Salvage title vehicles have little value, especially if you decide to trade in your vehicle and get a new car later. A dealership isn't likely to accept a car with a salvage title due to the risks ...

  3. Salvage title - Wikipedia

    en.wikipedia.org/wiki/Salvage_title

    The Kelley Blue Book automatically rates any salvage vehicle as "poor" and does not value it at all. [12] The value of a vehicle with a salvage title is generally 65-75% lower than the vehicle's estimated value. If the vehicle is rebuilt to a road worthy condition and has passed State inspection, the difference in price is 60-70% of "fair" KBB.

  4. Insurance for a salvage car - AOL

    www.aol.com/finance/insurance-salvage-car...

    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 ...

  5. Residual value - Wikipedia

    en.wikipedia.org/wiki/Residual_value

    Example: A car is sold at a list price of $20,000 today. After a usage of 36 months and 50,000 miles (ca. 80,467 km) its value is contractually defined as $10,000 or 50%. The credited amount, on which the interest is applied, thus is $20,000 present value minus the present value of $10,000 future value. [3]

  6. Auto auction - Wikipedia

    en.wikipedia.org/wiki/Auto_auction

    The overall condition of vehicles also varies. Some vehicles may be much older and out of warranty. Salvage: vehicles that have been in accidents, floods, fires, or recovered thefts that have been purchased by insurance companies. The insurance companies sell these vehicles to dealers or body shops who will fix them and resell them, or to auto ...

  7. Diminution in value - Wikipedia

    en.wikipedia.org/wiki/Diminution_in_value

    Diminution in value is a legal term of art used when calculating damages in a legal dispute, and describes a measure of value lost due to a circumstance or set of circumstances that caused the loss. Specifically, it measures the value of something before and after the causative act or omission creating the lost value in order to calculate ...

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