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Buying a total loss car—often referred to as a "salvage title" vehicle—can be a high-stakes gamble that offers either a massive bargain or a permanent headache. A car is typically "totaled" when repair costs reach of its actual value . The Risks: Hidden Damage and Value

“The day I got it ready to sell, I got rear-ended. The insurance company said my car had actually been totaled twice before... I got $5500 for that car after the wreck instead of 4 grand!” Facebook · Ford 7.3L Powerstroke Owners · 11 months ago

: Many traditional lenders won't finance a total loss vehicle, and finding an insurance company to provide full coverage can be difficult and expensive. The Benefits: Deep Discounts

: Use a VIN Check Tool to see if the car was totaled multiple times or has a history of flood damage.