Thread: Totaled Boxster
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Old 09-23-2007, 05:05 PM   #8
Cloudsurfer
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Join Date: Jan 2007
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Yes, you will have a salvage title. Some states will require you to have it inspected after repairs to be considered road worthy, at which point the title will read "rebuilt salvage." Yes, it is hard to sell cars like this, but if you want it for your own good, you can make out very well if you know the damage was only cosmetic.

Your car is likely worth about $15k, say damage was $7k, you buy it back from for $2k or $3k, get it fixed for hopefully $5k, and for $7k now you have a new Boxster, albeit one that was salvaged.

Worth looking into if you know the car was good before, and you plan to keep it for a while.

Patrick
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