Salvage Certificate of Title

In the United States, a salvage title is a form of vehicle title branding, which notes that the vehicle has been severely damaged and/or deemed a total loss by an insurance company that paid a claim on it. The criteria for determining when a salvage title is issued differ considerably by state. In a minority of states, regulations require a salvage title for stolen vehicles; but, in others, it is issued only for losses due to damage. Under some circumstances, a salvage title denotation may be removed or replaced with a Rebuilt Salvage designation; and cars imported to, or exported from, the United States may be issued a clean title regardless of history.

Because a salvage title can be issued to a vehicle with easy repairable problems or no damage whatsoever, the low cost of the salvaged motorcycle or car is appealing to some investors.

Salvage Certificate of Title (sample)
Salvage Title in Wikipedia

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