You will come across the word “rebuilt title” most likely of you are looking to buy a used car.
What actually does a rebuilt title mean? It could mean and say a lot about the car. How does it affect the car?
Let’s take a look at what it means to have a car with rebuilt title.
Rebuilt Title
A rebuilt title near me is issued for a car that has been previously deemed as a total loss by the insurance company because of damages that resulted from accident, flood, or other natural disaster.
Car titles can have a couple of branding such as a rebuilt, salvage, or clean title. A car with clean title shows that the car has never been involved in any accident or damages due to flooding, the odometer has never been rolled back, and has never been repurchased by the manufacturer because of a design defect. This means the car doesn’t have any title brands that depicts the car as having one major problem in the past that may cause future problems.
When a car is involved in an accident and is damaged beyond normal, it is declared totaled and its clean title is replaced with a salvage title.
The salvage title immediately lets a potential buyer knows that the car has been damaged and over 75% of its value is eroded. A car with a salvage title is not roadworthy and connote be driven.
However, if the car is fixed after it has been tagged with a salvage title, it will have to undergo inspection and if it is certified okay, it will get a rebuilt title. This means that the car has been properly fixed and is now safe for driving.
Should You Avoid a Rebuilt Title Car?
There are lots of questions you must answer if you are buying a car with a rebuilt title. You have to check and inspect that the car has been properly fixed, if there are no structural and suspension issues not properly fixed. If you wish to buy a car with a rebuilt title, have a professional mechanic to inspect the car and based on their recommendation you can decide to buy the car or walk away. You can also test drive the car as well to know what it feels like to be behind the wheel.
Buying a car with rebuilt title shouldn’t be a big problem as long as you have properly checked that it was comprehensively fixed. It can be a good deal because they are cheap. Although, the resale value can be very low, if you wish to keep the car for long or drive it till it fades out, then a car with rebuilt title can be a great deal.
If you are not working on a lean budget, you can go straight for a car with clean title to avoid issues that may arise from buying a car with rebuilt title. However, that is not to say you can’t get a car that has been properly rebuilt or reconstructed. It all depends on what you want and your budget. Find out more from https://franklinappleyard.wixsite.com/mysite/post/finding-a-car-title-number.