Vehicle Total Loss Buy Back May 2026

—often called a "salvage buyback"—is a process where you keep your car after an insurance company declares it a total loss, usually in exchange for a reduced payout. How a Vehicle Buyback Works

: The insurer calculates the Actual Cash Value (ACV) of your car (what it was worth right before the accident). vehicle total loss buy back

: Compare the repair estimates against the settlement check you’ll receive after the salvage value is deducted. —often called a "salvage buyback"—is a process where