![]() Other examples include certain manufactured homes, trailers, and low-speed vehicles. If these vehicles already have titles, those stay in effect however, they DO NOT qualify for salvage titles if ever deemed a total loss.įor example, a vehicle older than 35 years old is not eligible for a salvage title. The salvaged title application provides a list of vehicles that are exempt from Alabama titles. Until the loan is paid off, the lender places a “lien" on the car's title once you pay off the loan, you can remove the lien from your vehicle. When you obtain a loan to purchase a vehicle, the lender is considered the vehicle's legal owner until you no longer owe money on the loan. Payment for the $15 application fee, payable to the “Alabama Department of Revenue.".If there is an outstanding lien, the title will be mailed to the lienholder even if you provide special mailing instructions.This can be on the title itself or a separate document.A lien release, IF a recorded lien on the title has been satisfied.If you're transferring the vehicle to your insurance company, you must properly sign it over. ![]() If the vehicle is uninsured or self-insured, you must fill out Section A.If the insurance company deemed the vehicle a total loss and compensated the owner, they must fill out Section B and mark who is applying for the salvage title-the insurance company or the owner (i.e., you).READ THE INSTRUCTIONS CAREFULLY they explain directions specific to who is applying and other situations. A completed Application for Salvage Certificate of Title (Form MVT 41-1).To apply for a salvaged title, provide the following: If the insurance company is keeping the vehicle, it must apply for the salvage title as soon as possible after it receives the vehicle's signed certificate of title or origin.Failing to do so leads to a criminal misdemeanor, if convicted.If you (the owner) are applying for the salvage title, you must do so within 72 hours after it becomes a total loss or salvage.The timeframe to apply for a salvage title depends on who's applying: State law doesn't define “junk," “parts only," and “scrap" vehicles the same as “salvaged vehicles." Those vehicles cannot be rebuilt and retitled in Alabama.Īnyone whose business is in dealing with these vehicles (for example, a business dismantling and/or recycling them) must follow the laws set forth in the Alabama Vehicle Code. The vehicle's frame or engine is removed and not immediately replaced.Your insurance company uses several compilations and databases to determine fair market value, but you can get a general idea of how actual cash value is calculated in the meantime. A “total loss" is when the damage is 75% or more of the fair retail value (or, actual cash value).Your insurance company deems it a “total loss" and has paid a monetary settlement as compensation.So, your insurance company deemed your car a total loss but you're not ready to turn off the ignition for the last time? Good news! You can follow the Alabama Department of Revenue's (ADOR) steps for applying for a salvage title, getting your rebuilder's license, and passing a vehicle inspection, and you'll have those wheels spinning again in no time.Īlabama defines a vehicle as “ salvage" if:
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