Vehicle Total Loss — Buy Back

To legally drive the car again, you typically cannot stop at a salvage title. You must:

: You keep a car you love or have invested in.

: Once the settlement is finalized, you are responsible for moving the car from the storage lot or repair shop to your home or a mechanic. Pros and Cons vehicle total loss buy back

: Most states require a specialized salvage inspection by law enforcement or a state-certified facility.

: If you are a DIY mechanic, you might fix it for less than the settlement deduction. To legally drive the car again, you typically

When a car is totaled, the insurance company typically takes possession of the vehicle and sells it at a salvage auction. However, you often have the right of first refusal to keep the car.

: Compare the repair estimates against the settlement check you’ll receive after the salvage value is deducted. Pros and Cons : Most states require a

—often called a "salvage buyback"—is a process where you keep your car after an insurance company declares it a total loss, usually in exchange for a reduced payout. How a Vehicle Buyback Works