: Potential to save money if repairs are cosmetic, keeping a car with sentimental value, or selling parts yourself.
: The DMV will likely issue a salvage title . You must typically repair the car and pass a safety inspection to get a "rebuilt" title for road use. Pros & Cons : insurance buy back option
: The insurer calculates the Pre-Accident Value (PAV) and subtracts the salvage value (what they would have made at auction). You receive the difference. : Potential to save money if repairs are