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A "Salvage Title" is exactly what it says it is. A vehicle that has been in an accident and either rebuilt or sold as-is.
Usually these are vehicles that are bought at insurance auctions and then fixed up, some times as good as new (just don't bet your life on it!).
The problem with a salvage title is it's permanent. Forever more your vehicle is worth about half what it could be. It's also tough to sell a vehicle with a salvage title, because there are so many unknowns. Was the repair work done expertly, or was it hashed in some back ally shop run by Bubba and his three inbred sisters? You just never know.
Since you admit not knowing what a salvage title is, then it's a good bet that you shouldn't be buying anything with one. It can be a good deal money wise, but there's a far higher possibility of you (the new owner) having to do mechanical work on the thing. Are you willing to take that chance? I'm not, and I know how to work on the things.
Registration shouldn't be a problem, but I don't know about insurance. I'm pretty sure you can get liability, but beyond that may be an issue.
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