Thatâ??s terrible news.
Generally speaking, a car that burns by itself can be
salvaged/recovered and can be restored. A car that is in a garage or barn
fire may have its metal annealed, changing its strength. An engineer can
explain this better, but most owners of burned cars will stay away from one
that was baked.
One would think that the salvage title would push down the value, but I
have no direct knowledge. One of the guys in our club owns a couple of cars,
not MGs, that he has bought from insurance companies, repaired and repainted
them, and has had good service from them. He is a talented and experienced
Do you have pictures of the car that you can share?
> On Sep 30, 2022, at 9:04 PM, Thomas Gunderson <firstname.lastname@example.org> wrote:
> My MGA was in a fire. Hagerty will let me buy the car back for about 1/3 the
> total payout. This will put the car as salvage. If I keep the car and restore
> the car to the status it was before the fire. How will the salvage title
> affect the value?
> Should I let them keep the car and take the money?
> 1957 MGA 1500 rst
> Tom Gunderson
> Sent from my iPhone X
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