Salvaged Title Sales


#1

We have a 2001 Taurus that we purchased with a salvaged title. We are going to be getting a new vehicle and will be looking to sell it. It has 54,000 miles and is in good condition (we never looked into the reason it was totaled). Any thoughts on pricing?


#2

Knock a third of of the KBB value for the car as if it is in “fair” condition or best offer, lower it if it does not sell. Be sure to tell the prospective buyer that it has a salvaged title. If it was given said title for flood damage knock off half of the value rather than a third.

Always expect to lower the price. It is only worth what someone will pay you for it.


#3

Thanks, that was very helpful. We sold the car already!