Quote:
Originally Posted by VTENGR
If the frame is bent which is why I think they totaled it, you will have a "salvaged" car title. Pretty much means it has zero resell value b/c only someone desperate will buy a car with a salvaged title.
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Well not really mate. Still has re sale value, just takes a big hit is all.
A brand new X5 MSRP of 80k for example would at least be around $30k salvage title.
Now there's plenty of variables, but just trying to give an idea.
Depending on damages you can even buy back the car for a super low price, and have it fixed.
Believe it or not, some super cars you even see on the street. May or may not be salvage title