What Is a Salvage Title Car and Should I Buy One?
Dive into this guide to understand what a salvage title car is.
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Hyundai Motor America (Hyundai) is recalling certain 2019-2020 Elantra, 2019-2021 Kona and Veloster vehicles equipped with 2.0L Nu MPI engines. The piston oil rings may not have been properly heat-treated, which could result in engine damage.
Title | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total for 5 years |
---|---|---|---|---|---|---|
Depreciation |
Year 1 $1,370 |
Year 2 $1,265 |
Year 3 $1,159 |
Year 4 $1,054 |
Year 5 $949 |
Total for 5 years: $5,797 |
Insurance |
Year 1 $1,911 |
Year 2 $1,978 |
Year 3 $2,047 |
Year 4 $2,119 |
Year 5 $2,193 |
Total for 5 years: $10,248 |
Fuel |
Year 1 $1,258 |
Year 2 $1,296 |
Year 3 $1,341 |
Year 4 $1,395 |
Year 5 $1,458 |
Total for 5 years: $6,748 |
Maintenance |
Year 1 $1,684 |
Year 2 $1,334 |
Year 3 $934 |
Year 4 $980 |
Year 5 $1,795 |
Total for 5 years: $6,727 |
Repair |
Year 1 $569 |
Year 2 $763 |
Year 3 $863 |
Year 4 $989 |
Year 5 $1,160 |
Total for 5 years: $4,344 |
Taxes & Fees |
Year 1 $869 |
Year 2 $99 |
Year 3 $126 |
Year 4 $81 |
Year 5 $112 |
Total for 5 years: $1,287 |
Total for 5 years: $35,149
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