salvage title due to theft?
 

I found a great deal on a honda, "2002 Honda Civic - Only 20,000 Miles! - $7500" but it has a salvage title "due to theft" That's not a big deal is it? what does a salvage title mean?Does it matter if I only get liability insurance?

It is OK...

Run Away!!! You don't know how badly that car might have been abused. Plus it's only a Civic there are about 100 billion other ones you can choose from.

Salvage title means at some point the insurace company wrote that car off as a total loss. Ususally a third party dealer will purchase the care and do the needed repairs weather it needs a new motor new wheels or perhaps body work because of a wreck. I woul recommend taking the car to a ASE mechanic prior to purchase to verify no frame damage.What may sound like a good deal now can end up costing you more in the long run than just buying a car with a clean title.

Most insurance companies will only insure the vehicle for liabilty with a salvaged title. Or if they do allow you to carry full covg again, they arent going to give you the actual cash value of the car, they will give you a lot less. It isnt worth it.

not a good deal at all. although if u can haggle the price for a super low price. then why not...