Web19 Oct 2015 · When a vehicle is insured against theft, and is recovered, it’s usually totaled. This might be due to it having sustained damage, or because it was declared a total loss after a specific period of time passed without it being recovered. These cars will often then be sold at auction by the insurance company. What Is a Salvage Vehicle? WebAfter the theft, there will be a waiting period to see if the car will be recovered. If the car is not recovered during this time, the past owner will already receive insurance compensation and the insurance company will sell the vehicle to a specialist vehicle re-marketer (such as Copart). These vehicles have often sustained little to no damage.
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