Last Updated 28th of July, 2010
How do I obtain a salvage title in Louisiana? Louisiana
When a vehicle becomes damaged to the degree that it would cost more to repair the vehicle than what it is worth, it is considered a salvage vehicle. Once an insurance company has deemed your vehicle a salvage vehicle, you must apply for a salvage title within 30 days.
You can obtain a VHR online, courtesy of many independent companies that specialize in providing vehicle history information. You can also request a vehicle history report from the OMV:
Louisiana OMV
P.O. Box 64866
Baton Rouge, LA 70896
(225) 925-6146
Required Documents and Fees for Salvage Titles
In order to obtain a salvage title, submit the following to an Office of Motor Vehicles (OMV) branch (the same place where you'd handle vehicle registration):- Completed vehicle application form.
- Current title or statement of origin from the manufacturer.
- Statement of loss from your insurance company.
- UCC-1 financing statement or security agreement, in the case of a lien.
- Notarized authorization from the insurance company for vehicle parts to be salvaged or rebuilt.
- Completed Disclosure of Salvage Vehicle form.
- $18.50 title fee.
- $8 handling fee.
- $15 lien recording fee, in the case of a lien.
Thinking of Buying a Rebuilt Auto?
When you use salvaged parts to build or repair another car, that car is considered a "rebuilt auto." Prior to purchasing used cars, consider obtaining a vehicle history report (VHR).You can obtain a VHR online, courtesy of many independent companies that specialize in providing vehicle history information. You can also request a vehicle history report from the OMV:
Louisiana OMV
P.O. Box 64866
Baton Rouge, LA 70896
(225) 925-6146
Post Comment for "How do I obtain a salvage title in Louisiana?"
To post a comment for this article, simply complete the form below. Fields marked with an asterisk are required.
User Opinions
No users have voted.
Your changes will require approval by an administrator before they are published.
The article has been updated successfully but requires approval before it is published.
Visitor Comments