Is a Salvaged Vehicle a Smart Buy?

For bargain hunters, buying a salvaged vehicle has advantages and disadvantages. On the plus side: Even though it may not be worth as much as a clean-title vehicle, getting a good price on a safe, repaired car can make financial sense. According to the experts at Kelley Blue Book, you can buy a salvaged vehicle at a 20 to 40 percent discount from the market value. One of the negatives? You probably won’t get top dollar on your car when you go to resell it. So it’s important to do your research and consider your own intentions for the car. If you plan on keeping the vehicle for an extended period of time, it could be a smart purchase.

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