Here in nc the dmv man wants to see the records of the damage, what the dealer did to fix it and then he inspects it before you can get a salvage title. Changing an engine gets a salvage title also.
Bought my 93 f150 with a bent fender and bumper several years ago for $150. Replaced the parts, painted the whole truck, and had a new interior put in. Ended up with a grand in it. Bought my 02 Tarus for $300, engine for $150, new Michelins and I was rolling for a grand. BIL was a dealer at that time.
Yes a salvage title hurts resale value so if you're a trader don't buy one. If there's a claim insurance companies go by the blue book even if it's a salvage title.
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Today's Featured Article - A Lifetime of Farm Machinery - by Joe Michaels. I am a mechanical engineer by profession, specializing in powerplant work. I worked as a machinist and engine erector, with time spent overseas. I have always had a love for machinery, and an appreciation for farming and farm machinery. I was born and raised in Brooklyn, New York. Not a place one would associate with farms or farm machinery. I credit my parents for instilling a lot of good values, a respect for learning, a knowledge of various skills and a little knowledge of farming in me, amo
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