The Expert Podcast

• Understand how vehicles are designated as salvage or clean titles.
• Various state calculations determine salvage titles, often based on damage percentage thresholds.
• Example: Connecticut's total loss threshold calculation.

• Explaining the process using Connecticut statute 38a 353.
• Example scenario: A vehicle worth $10,000 is involved in a $6,000 repair.
• Factoring in salvage value: Understanding the value of salvageable parts.

• Importance of salvage inspections, even for seemingly clean-titled vehicles.
• Connecticut's salvage inspection locations and procedures.
• Document requirements for salvage inspections: invoices, receipts, and photographs.

• Costs involved: inspection fees and documentation expenses.
• Dealer involvement: the necessity of franchise dealers for inspection.
• Impact on ownership transfers and insurance claims.

• Risks associated with buying vehicles from auctions like Copart or IAA.
• Understanding the potential triggers for salvage inspections.
• Importance of thorough inspections before finalizing a purchase.

• A recap of the complexities surrounding salvage titles.
• Emphasizing the need for awareness and diligence when dealing with vehicle purchases.