Glossary · View all terms →
Salvage Title
A title issued when an insurance company has declared a vehicle a total loss.
What it means
A salvage title means the vehicle was previously declared totaled by an insurer due to accident, flood, fire, or theft recovery. Salvage vehicles can still be donated and are common in our pipeline. They sell at salvage auction rather than retail auction. The donor receives a 1098-C for the actual salvage sale proceeds.
Related terms
Ready to donate?
60-second form, free pickup nationwide, IRS Form 1098-C after sale.