![]() ![]() The vehicle is part of a commercial vehicle fleet and it has sustained extensive damages that exceed more than 33 ⅓ percent of the vehicle’s value without damagesĪs the vehicle’s owner, you can retain ownership of a damaged vehicle ONLY if the vehicle is older than 9 model years and you reach an agreement with your auto insurance provider.The passenger and/or trunk compartment of the vehicle were flooded by water and the cost to repair the damage exceeds 33 ⅓ percent of the vehicle value without damages.The vehicle has been repossessed by a lienholder, it has sustained extensive damage caused by fire, collision, theft, or other means, and the total cost to repair the damages exceeds 33 ⅓ percent of the car’s value WITHOUT damages.The ownership of a salvage vehicle was transferred on a Certificate of Purchase after obtaining the vehicle at an auction, a public sale, or other similar disposition.An insurer made payments to the vehicle owner after the theft of the motor vehicle.An auto insurance company has paid off a total loss claim on a wrecked vehicle, becoming the sole owner of the vehicle.Situations that require the issuance of a vehicle salvage certificate are as follows: The IL SOS Vehicle Services Department (VSD) will issue the salvage title ONLY for vehicles that meet the requirements to be branded a salvage. Illinois Salvage Vehicle Title Eligibility Requirements This is a good time to show receipts for the repairs that have been made to the car and the parts that were used to rebuild the car. Whether you decide to sell your car as-is or you’re selling a rebuilt version of the car, you must disclose the current and previous condition of the car, which means you are required by law to disclose that the car is a salvage, rebuilt car. Make sure you save the receipts and information for the repairs that were made and the parts that were purchased. Instead, you must hire a licensed automotive rebuilder. The state of Illinois has different salvage/rebuilding laws than most states. Keep in mind that you may be required to present additional documentation depending on your situation. The department will process the title once they verify the authenticity of the submitted paperwork and payment of all applicable fees. The application process for receiving an Illinois salvage car title must be initiated within 20 days of obtaining the salvage car. Provide payment for all applicable Illinois titling fees.Visit your local IL SOS branch and submit the required paperwork.Complete the IL SOS Application for Vehicle Transaction ( Form VSD 190).To obtain an Illinois salvage certificate, you need to do the following: Obtaining an Illinois Salvage Certificate Once you have this letter, you can head to your local IL SOS branch to obtain the salvage certificate. Without this letter, your car HAS NOT been deemed a salvage. Since your auto insurance company determines if your car is a “total” you need to have a letter from the insurance company stating this decision. Determine if your car is a “total loss”ĭetermining if Your Car is a “Total Loss”.To sell your salvage car in Illinois, you need to do the following: ![]() How Do You Sell a Salvage Car in Illinois? You can contact your Illinois auto insurance provider for specific details that pertain to your unique circumstances. The reason your car was being used at the time of the incident.In general, auto insurance companies require you to submit a sworn proof of loss within 91 days of the vehicle becoming a total loss. A lot of the time, auto insurance providers label salvage cars as “total loss” vehicles. A salvage car has been damaged to the point that the cost of repairs exceeds the car’s actual cash value, what the car is worth. At this time, the car must be retitled before it can be sold or repaired. In this state, a car is considered a salvage when the damage it sustained totals ⅓ or more of its market value. The state of Illinois has stricter salvage car regulations than a lot of other states. How Do You Register a Salvage Title Car in Illinois?.Essential Rebuilt Car Title Documents in Illinois. ![]()
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