In Florida, a vehicle must be labeled as salvage if an insurance company declares it as a total loss. However, the percentage for what is total loss classification varies. It can be if repair costs total as little as 50 percent or as much as 95 percent of a vehicle's value.
Well the answer to that is a resounding it depends a vehicle with a salvage title has been deemed aMoreWell the answer to that is a resounding it depends a vehicle with a salvage title has been deemed a total loss by an insurance company due to severe damage or theft. Now you may be thinking. So it's a
Once a vehicle has received a salvage title, it cannot be driven on the street until it has gone through a process to get a rebuilt title.
Salvage vehicles are usually much cheaper because of their title status. If the damage was solely cosmetic and you don't care about looks, the car may still be otherwise reliable.
Visit the National Motor Vehicle Title Information System (NMVTIS) website, vehiclehistory, to get a vehicle history report with title, insurance loss, and salvage information.