A salvage title is given to a vehicle that has been previously damaged beyond repair. Insurance companies declare a vehicle as “total loss compensation” if the repair costs exceed the market value of the vehicle. Salvage vehicles can be resold, but it can be difficult to get insurance and financing. Buyers should research why the […]
“A penny saved is a penny earned” is an old adage that refers to the difficulty of being thrifty and saving money. It can also mean that saving is a form of income, as it takes effort not to spend money. The quote is often attributed to Benjamin Franklin, but versions of it existed before […]
