Is it bad to buy a car with a "rebuilt title"? What exactly is a rebuilt title?

Answer 1

Rebuilt title usually means the car was salvaged from a serious wreck, flood, fire, theft or junkyard. I would never buy one, unless it was a classic that I knew a lot about and could identify what was changed or different. I've bought a classic car with a salvage title, and it was a lot of work to fix it correctly.

Answer 2

Rebuilt Title Definition

Answer 3

Is A Rebuilt Title Bad

Answer 4

For the best answers, search on this site https://shorturl.im/tqrn1

Since the car has a "rebuilt" title you will not be able to clear this and get a clean title. Also, the fact that the title is tagged "rebuilt" MAY NOT mean it has been wrecked or totaled. Could be, but not a given. Get a CarFax report on the car and see what it says. And, if the CarFax shows which business reported the damage, call them up and ask them for details. Then, if you are still interested, have a mechanic look the car over so you get an idea of it's current condition. A used car inspection might cost you $100, but going without one could cost you thousands. Cars with clouded titles like this one can sometimes be good buys. Just go in with your eyes wide open, knowing what you are getting. The reason cars like this can sometimes be good buys is that the seller has to severely discount the price of the car to get anyone to take it. So, you can potentially save thousands of dollars on the price. Now.... the flip side of this is that you will get similarly hosed when you go to sell or trade the car later. The next buyer will want the same kind of big discount that you got. If you plan on keeping the car for a LONG time and basically driving it until it grows old and dies a natural death, it could be a good deal. But, if you are thinking you would like to keep the car for a while and then sell or trade it, not a good idea to buy this one. Just really depends on what your plans are for the car.

Answer 5

I agree with electron6. When a vehicle is "totaled" in a wreck or flood or any other way, it can be sold, by the insurance company, under a "salvage" title. It has to be bought by a person that has the tools and machinery to properly repair it. After repair, the repairing facility can apply for another title. Evidently, in your case, it ended up as "rebuilt" on the title. I, also, would not even think of buying a "rebuilt" car. Along the Gulf Coast there have been MANY flooded vehicles sold that were "salvaged" because of the hurricane. They can be cleaned up and it is sometimes hard to detect what has happened to them. One well known car dealer got involved in one of these cases.....and never did admit it had been flooded. 3 independent repair facilities said it HAD been flooded....but instead of just taking the vehicle back and eating it, the dealer choose to argue and ended up all over the news trying to say it was a good vehicle. I imagine that he lost a LOT of sales over that. Beware. Pops

Answer 6

This Site Might Help You.

RE:
Is it bad to buy a car with a "rebuilt title"? What exactly is a rebuilt title?

Answer 7

"Rebuilt or Reconstructed Title"
Definition: A vehicle that has been written off by an insurance company as a total loss -- and is issued a salvage title -- can be rebuilt to roadworthy condition. After an official inspection, such vehicles will be issued Rebuilt or Reconstructed Titles. Such titles tip off a potential new owner to the car's troubled history.
-------------------------------------------------------------------------
Inspection Process



Owners who wish to have their salvage vehicle recertified for road use need to complete a TR-13A Application for Salvage Vehicle Inspection form before taking the vehicle to a certified salvage inspector.


The inspection officer will complete a TR-13B Salvage Vehicle Recertification form. The officer will:



Verify ownership of the repair parts used. The vehicle owner must present a properly assigned title or bills of sale for parts used in rebuilding the vehicle.


Inspect the vehicle to verify it complies with all Michigan Vehicle Code equipment and safety requirements.


Complete and issue a TR-13B form to the applicant.




Converting Salvage Title to “Rebuilt” Title



Owners who have had their vehicle repaired and recertified as described above can now convert their salvage title to a “Rebuilt” title. This step allows the vehicle to be registered for road use again. You will need to bring the following with you to a Secretary of State branch office:



1. The salvage title



2. The Application for Salvage Vehicle Inspection form (TR-13A)

3. The original Salvage Vehicle Recertification form (TR-13B)

The branch office will process a “rebuilt” title application. A license plate may be purchased or transferred at this time. Or you may purchase a 30-day or 60-day permit. Proof of Michigan no-fault insurance is required. The $15 title fee, tax (if ownership is changing), and the registration fee are due.

Answer 8

a rebuilt title in nebraska simply means that at some point in time an insurence company. called the car a total loss. no it is not bad to buy one providing that who ever did the work to rebuild it did a good job and used good quality parts. the price should be compinsated accordingly. i would take the car to someone that knows what to look for and hav it inspected.

Answer 9

That just depends...a rebuilt title is one that the car was listed as totaled, and has been rebuilt back to drivable condition. It just depends on why the car was in need of being rebuilt.

Answer 10

the rebuilt title in most cases means the car has been totaled in most cases and has been repaired back to orginal as for what is rebulit could be anything from a bent frame to a fender damaged here in North Carolina you have to have the car inspected by a state inspector before they can get a rebuilt title to sell the car but most shops use infero parts and cut corners when possible and do just enought to pass inspection i would not buy one myself