salvage title

Last year, I bought ford taurus from one of my firnd. He told me this car had a not serious accident. After I got my pink slip, I found out this car has salvage title. I paid almost same price as blue book without salvage title.
I wanna know how much the value is different when a car has salvage title and doesn't have.
Thanks.

I suppose there could be a salvage title for different reasons. However just be more careful in dealing with this "friend" in the future.

I believe my s-10 is a salvage title vehicle. I do know it was wrecked on the passenger side. But my brother in law was upfront about what his cousin gets the vehicles. SO no major problems or surprises. I hate it, but it has been a good 8 years of hating it so I can't complain too much.

well it basically tells whoevers buying your car that it was "totalled" at one time

If you go to some banks the value that they will loan on a salvage title is less. What a salvage title means is that at sometime an insurance company bought this car because of damage, wreck, flood, etc.. I know of a brand new just purchased car that was given a salvage title because someone poured brake fluid on it and it ate the paint and the owner would not go for a new paint job.

The car might be worth as much as a car without a salvage title but the words alone makes people shy away. I for one would not be afraid to buy a car with a salvage title depending on what was wrong with it but some people wouldn't even think about it. A friend of mine bought a Vette that had hit a sign and tore up the front fender, hood, mirror, and popped the airbag. Another friend of mine saw it before it was fixed. Friend #1 fixed the car and put it up for sale. Friend #2 looked at it and wanted it but was scared to death because it had a salvage title. I said so what, if you want it then buy it. Friend #1 finally sold it but had a heck of a time because of the title. Go figure.

Kevin