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Bill,
As I understand, when the insurance company sells it to a scrap dealer or body shop, the tittle (or sales reciept) says salvage, and the car cannot be put on the road, even if it was only hail damage. It has to go through an inspection before it can get another tittle and put on the road. Ohio re-issues the title as Salvage Rebuilt. The Salvage brand stays on the tittle forever, to prevent anyone from hiding the history. So it is not a Salvage tittle. It is Salvage Rebuilt.
Thanks for the 50-60% number. That seems in line with the dealerships I talked to. The sellers are asking 75%, but I do not know what they will take.
Thanks
Rick
Last edited by olddog; 06-20-2016 at 06:35 PM..
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