Salvage title什麼意思
A "salvage title" is a designation given to a vehicle by a state's Department of Motor Vehicles (DMV) or similar regulatory agency. It indicates that the vehicle has been declared a total loss by an insurance company due to severe damage or destruction. This can be the result of an accident, flood, fire, or other catastrophic event.
Once a vehicle receives a salvage title, it cannot be legally driven on public roads until it has been inspected and certified as safe to drive by the DMV or a similar authority. The process of restoring a salvage titled vehicle to roadworthy condition is known as "salvage title restoration."
Vehicles with a salvage title are often sold at auction to rebuilders, who repair and restore them. These vehicles can then be sold to the public, but the salvage title history must be disclosed to potential buyers. Some states may issue a "rebuilt title" to a vehicle that has been repaired and inspected, indicating that it has been rebuilt from a salvage vehicle.
Buying a vehicle with a salvage title can be risky, as there may be hidden damage or safety issues that were not addressed during the restoration process. However, some buyers are attracted to salvage titled vehicles as they can be purchased at a lower cost and may still be in good condition after repairs.