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Old 10-11-2011, 02:23 PM
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Dealing with a Salvage Title

So my friend at work, and co Prelude driver, recently got rear ended through no fault of his own. the insurance was going to pay for the repairs, of course, but when the body shop dug into the damages they discovered some frame damage/stress.
Now the insurance Co has "totalled" the car and are paying him blue book value.

I've never had to deal with a totalled car and/or salvage title. Found a couple threads on here about them, but he would like a few more answers. IThis is his first forum and the first wrecked vehicle he has had to deal with. poor guy. I just had him sign up and as soon as I post this thread I am sending him the link. -- be nice... LOL

And it was such a Nice Lude too:

Black with a perfect body, 2001 S series, H22-VTEC, no other mods, engine only had 60K on it. Dunno if it was auto or manual tho? Patrick?

Can you guys help him out?
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Old 10-11-2011, 03:44 PM
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Re: Dealing with a Salvage Title

Type s has no sunroof and is rhd if i'm not mistaken.


He probably has an SH or base. Really there's no problem with a salvage title - just get the car fixed and enjoy it. There are quite a few guys with salvage titles but you would never know by looking at them.
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Old 10-11-2011, 05:29 PM
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Re: Dealing with a Salvage Title

What are you looking to know about salvage titles?

Here's what I know
-Rule of thumb, salvage title value is ~60% clean title value.
-Insurance won't allow full coverage on salvaged titles.
-Salvage titled vehicles are almost never able to qualify for financing.
-From what I've heard, some states/locales won't allow registration of salvage titles for highway use.
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Old 10-11-2011, 08:06 PM
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Re: Dealing with a Salvage Title

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Originally Posted by wing8806 View Post
Type s has no sunroof and is rhd if i'm not mistaken.


He probably has an SH or base. Really there's no problem with a salvage title - just get the car fixed and enjoy it. There are quite a few guys with salvage titles but you would never know by looking at them.
My car has a salvage title and there is absolutely so signs of damage and I have not had a problem with it. [Knocks on wood]
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Old 10-11-2011, 08:23 PM
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Re: Dealing with a Salvage Title

I have full coverage on and have in the past salvage so that is false you don't tell them what kind of title just vin so they get vehicle specs that affect rates.
If it is still a good car buy it back cheap if not I'll drive to ID and bring it home!

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Originally Posted by Phantom240 View Post
What are you looking to know about salvage titles?

Here's what I know
-Rule of thumb, salvage title value is ~60% clean title value.
-Insurance won't allow full coverage on salvaged titles.
-Salvage titled vehicles are almost never able to qualify for financing.
-From what I've heard, some states/locales won't allow registration of salvage titles for highway use.
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Old 10-11-2011, 09:22 PM
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Re: Dealing with a Salvage Title

I wouldnt be scared of a salvage titled vehicle if you knew what the damage was and planned on owning it. When its time to sell though....red flag.

Major frame damage, flood or fire Id stay away.
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Old 10-11-2011, 09:51 PM
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Re: Dealing with a Salvage Title

Salvage does not mean junk it just means that the insurance did not want to pay to fix a vehicle based on replacement value. If you wreck a car that has no full coverage to pay out it would never become a "salvage title"
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Old 10-12-2011, 12:11 AM
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Re: Dealing with a Salvage Title

That sucks! Mine is totaled and they said I could buy it back for a little over 1k

He's gonna have to repair it and have the DMV or dot to inspect it.. Can't remember which on.. Once it passes inspection you're good..

It will be harder if he ever wants to sell it.. He should take pictures of before the wreck, the wreck, the car getting repaired and then pics of the car fixed.. It will help him if he ever decides to sell it..

Hope that helps some.. I know there's more info out they about salvaged cars
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Old 10-12-2011, 12:27 AM
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Re: Dealing with a Salvage Title

Quote:
Originally Posted by LilMsPrelude View Post
So my friend at work, and co Prelude driver, recently got rear ended through no fault of his own. the insurance was going to pay for the repairs, of course, but when the body shop dug into the damages they discovered some frame damage/stress.
Now the insurance Co has "totalled" the car and are paying him blue book value.

I've never had to deal with a totalled car and/or salvage title. Found a couple threads on here about them, but he would like a few more answers. IThis is his first forum and the first wrecked vehicle he has had to deal with. poor guy. I just had him sign up and as soon as I post this thread I am sending him the link. -- be nice... LOL

And it was such a Nice Lude too:

Black with a perfect body, 2001 S series, H22-VTEC, no other mods, engine only had 60K on it. Dunno if it was auto or manual tho? Patrick?

Can you guys help him out?
Sure thing Renee, Electro lady!

Look into title washing/scrubbing. Since there is no standardized list of requirements to salvaged titles from state to state, you can complete 100% of the repairs (cause insurance companies want to make you whole, not the car) you can take your salvage title to another state with the receipts of work done and parts replaced and register/title it there, then after getting the title cleared in the mail, re title it in your neck of the woods.

Frame damage (like cracks, chinks, and the "white flex") are usually not safe to put back on the road. If that is the specific damage, take the check. the integrity has been compromised.
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Last edited by Sideswipe SI; 10-12-2011 at 12:30 AM. Reason: ***** is a curseword? It's a opening in armor!
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Old 10-12-2011, 07:16 AM
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Re: Dealing with a Salvage Title

That is a new one, I have been in body collision almost 10 years and have never heard of "white flex" where / what is that? Anything with $$ can be fixed, but ins companies won't spend more then 60-75 percent to fix a car at shop rates.
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Old 10-12-2011, 07:31 AM
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Re: Dealing with a Salvage Title

The problem with salvage titles are that if the salvage titled vehicle gets totaled the insurance company will only pay low book.
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Old 10-12-2011, 08:34 AM
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Re: Dealing with a Salvage Title

So I asked Patrick why he didnt check in here and discuss this thread with us. Sadly he has let the insurance company take the car and opted for the cash... SOOOOOO... if anyone wants a 60K mile H22 VTEC engine, let me know... I can probably go "recover" it if you act quickly.

I even have experience crating and I work for an LTL company that can ship it right to your doorstep... unless you live in the North East... then the discount may not be as good as we have to use a partner agent to get it there.

Sorry guys... But I GREATLY Thank all of you for your input. I learned a lot. :)
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Originally Posted by shatterbox View Post
People say the biggest difference you can change to your system is to add a subwoofer. Which is true, it is the most noticable difference. But running an amplifier to a good set of speakers makes the BEST difference.

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Old 10-12-2011, 10:22 AM
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Re: Dealing with a Salvage Title

Oops oh well. And I call it white flex because I'm not in the business. Ever take a straw and bend it? That new line in the straw is the white flex I'm talking about. If that bend is in the a,b, or c pillar, you cannot pull that and is crazy unsafe. Happened to one of past cars, it was gold wit major trunk damage and I was chewing the fat with the claims adjuster. I can't remember the words he used, but the chassis was done, and he showed it to me.

If it's bullish!t please let me know. I don't like spreading lies.
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SURGEON GENERAL WARNING:
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Old 10-12-2011, 11:53 AM
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Re: Dealing with a Salvage Title

Well it would be a buckle when it folds over like that. Myself unless the part collapses, if you can pull out would use it and not feel unsafe. It's just most of the time time and replacement part out weigh fixing parts. But if you have a in just fix it. Myself as a semi perfectionist will still repair some over replace. If that car can be had around 1k someone needs to get it.
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Old 10-12-2011, 12:33 PM
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Re: Dealing with a Salvage Title

Same here. I thought about it an figured you can cut above the buckle and reweld, but that repair is not worth my safety. Even if you can see it, knowing is there would haunt me.
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SURGEON GENERAL WARNING:
THE IMITATION OF ANY OR ALL MANEUVERS EXECUTED BY A BA B20A 4WS PRELUDE IS HAZARDOUS TO YOUR CAR'S HEALTH. DRIVING A PRELUDE MAY CAUSE LOSS OF INTEREST IN OTHER CARS, WOMEN AND SPEED LIMITS. OTHER SYMPTOMS INCLUDE SLEEPLESS NIGHTS, COLD SWEATS AND OTHER SYMPTOMS RELATED TO ADDICTION. IF THE SYMPTOMS PERSIST,DRIVE!
Prelude: Because all great stories have one. Just like Honda.
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Old 10-12-2011, 08:47 PM
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Re: Dealing with a Salvage Title

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Originally Posted by Sideswipe SI View Post
...I call it white flex because I'm not in the business.
What you're talking about is technically called bending fatigue or work fatigue. The metal at that point is stretched to the point the metal's crystalline structure realigns, and loses some strength in the process. You're right -- that's a major compromise to the crash structure, and those points are prone to cracking just from normal chassis flex. You can repair those sections by cutting them out completely and welding in good metal; that's usually only worth it if the damage is only in a couple of confined places.
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Old 10-12-2011, 09:39 PM
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Re: Dealing with a Salvage Title

All 3 of my current Preludes have a salvage title on them, and you wouldn't know it unless you saw the damage or if I told you about it. Just cause it has a salvage title, doesn't make it a bad car. Just means you don't have to pay as much for one like you would a brand new car.
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