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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General Motors LLC (GM) is recalling certain 2015-2016 GMC Canyon and Chevrolet Colorado, and 2016 Chevrolet Volt vehicles. The driver's frontal air bag may improperly inflate during second-stage deployment in the event of a high speed crash.
Title | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total for 5 years |
---|---|---|---|---|---|---|
Depreciation |
Year 1 $1,262 |
Year 2 $1,165 |
Year 3 $1,067 |
Year 4 $970 |
Year 5 $873 |
Total for 5 years: $5,337 |
Insurance |
Year 1 $1,774 |
Year 2 $1,836 |
Year 3 $1,900 |
Year 4 $1,967 |
Year 5 $2,036 |
Total for 5 years: $9,513 |
Fuel |
Year 1 $0 |
Year 2 $0 |
Year 3 $0 |
Year 4 $0 |
Year 5 $0 |
Total for 5 years: $0 |
Maintenance |
Year 1 $2,470 |
Year 2 $1,617 |
Year 3 $1,002 |
Year 4 $965 |
Year 5 $2,156 |
Total for 5 years: $8,210 |
Repair |
Year 1 $867 |
Year 2 $1,037 |
Year 3 $1,181 |
Year 4 $1,302 |
Year 5 $1,502 |
Total for 5 years: $5,889 |
Taxes & Fees |
Year 1 $762 |
Year 2 $87 |
Year 3 $111 |
Year 4 $71 |
Year 5 $98 |
Total for 5 years: $1,129 |
Total for 5 years: $53,599
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Dive into this guide to understand what a salvage title car is.
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