Make sure the parts used are either from the manufacturer or are quality reproductions and that they have been installed securely and correctly. Unauthorized repair shops can use substandard parts or put parts into the car until they receive the new title, then switch them back out for the damaged ones.
Even worse, they might weld large sections of another car onto yours, making it unsafe in a crash. Because there is no foolproof way to know for sure just how well repairs have been done, always have any car with a rebuilt title thoroughly examined by a certified independent mechanic. Even if the car is not unsafe to operate, skipping this step can result in expensive breakdowns and problems that cost you more to repair than the total original purchase price of the vehicle.
If you're interested in buying a vehicle with such a title, it's also essential to get as much paperwork covering the vehicle's repairs as possible.
Look for detailed receipts for the labor and the parts to know that both were up to standard. If a vehicle has been previously damaged badly enough to warrant a salvage title, at first glance, it might seem not very smart to take a chance on it.
Severe damage can compromise a car's structural integrity, so even if repairs were comprehensive enough to earn it a rebuilt title, it might not function the way the manufacturer intended it to or even fully comply with government standards. However, it's not uncommon for a salvaged vehicle to never have had structural damage. If this is the case and if it's been repaired by a reputable shop using factory parts, it can be as safe as an original vehicle with a clean title. If resale value is important to you, a rebuilt car is not the right used vehicle for you.
Because salvage cars with rebuilt titles sell for far less than those with clean titles, you can often snag a great deal on an acceptable vehicle if it was correctly rebuilt. For more information, please see our Insurance Disclosure. Founded in , Bankrate has a long track record of helping people make smart financial choices. All of our content is authored by highly qualified professionals and reviewed by subject matter experts , who ensure everything we publish is objective, accurate and worthy of your trust.
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The information on this site does not modify any insurance policy terms in any way. When shopping for a used vehicle, you might come across one with a rebuilt or salvage title. This normally happens when an insurance company writes off the vehicle as unrepairable. Some of the most common reasons why a car might have a salvage title are accidents, weather especially flood damage or the car was stolen.
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I Accept Show Purposes. Your Money. Personal Finance. Your Practice. Popular Courses. Insurance Car Insurance. Key Takeaways Cars with rebuilt titles have typically been declared total losses by an insurance company and then repaired for resale.
A car with a rebuilt title should sell for considerably less than a similar model with a "clean" title. Having a rebuilt title can also make a car more difficult to insure. Article Sources. Investopedia requires writers to use primary sources to support their work. States reserve non-repairable titles for cars that have so much damage, that there is no amount of repair that can report them as drivable or roadworthy.
Therefore, there are only two choices a person has. For someone who has a junk title car the car's parts can be sold. A car that has a rebuilt title is a salvage title car that has been fixed or repaired.
The short answer to this question is no. Lots of cars with a rebuilt title are good for lots of reasons. One reason a rebuilt title car is a good car, is its price. Lots of times, a car with a rebuilt title is hundreds of dollars cheaper. But there are some negatives.
One disadvantage to a car with a rebuilt title is the possibility of having a difficult time selling it, when you want another vehicle. Lots of independent car deals will not accept salvage or rebuilt title cars for trade-ins.
If you do find a dealer that does accept those salvage and rebuilt title cars, they will give you far less than the Kelley Blue Book value for that car. Therefore, you might be better off selling the car privately and letting the potential buyer know you have a rebuilt title or salvage title car. Since you already know that a rebuilt title is a vehicle that has previously held a salvage title and has undergone some repairs, what does this mean for insurance?
Even though your rebuilt title is safe to drive, not all car insurance companies will rush to provide you coverage for your rebuilt title car. Lots of insurance companies will not extend coverage to a rebuilt title vehicle.
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