I am interested in purchasing a 1997 Canry, however, the owner said that the title is "reconditioned." What does that mean and should that be something I should stay away from? Please advise.
2007-12-26 02:00:56 · 4 answers · asked by foxresume 1 in Cars & Transportation ➔ Buying & Selling
Reconditioned also is known as "salvage" title. In other words, the car was involved in a serious accident that the insurance company has deemed "totalled" (i.e. the damage exceeds the value of the vehicle). So they paid out the claim for value of the vehicle and called it quits. However, the owner decided to rebuild the car any way. The result is a "salvage" or "reconditioned" title car. It is NOT worth as much as a normal title as the car's condition is questionable, depending on the quality of the work done to it, and as a layman you would not be able to figure out how well the work is done. This requires a full body shop's expertise as you'll need lasers to measure the straightness of the chassis, strength of the welds, and so on and so forth. And even then, you may still have other odd problems. I'd say forget it.
2007-12-26 02:25:02 · answer #1 · answered by Kasey C 7 · 2⤊ 0⤋
Reconditioned Title
2016-11-07 09:01:25 · answer #2 · answered by ai 4 · 0⤊ 0⤋
A reconditioned title means that the car's previous owners filed an insurance claim for which the insurance company decided to scrap the car and pay the owners a depreciated amount.
The car was then shipped off to an insurance auction where it was purchased by an enterprising individual. This person rebuilt this car from parts or other wrecked cars.
With the recondidioned title this car is worth less and could be a bit dangerous and problem prone.
2007-12-26 02:05:30 · answer #3 · answered by Anonymous · 2⤊ 0⤋
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RE:
Reconditioned Title?
I am interested in purchasing a 1997 Canry, however, the owner said that the title is "reconditioned." What does that mean and should that be something I should stay away from? Please advise.
2015-08-10 03:31:51 · answer #4 · answered by Anonymous · 0⤊ 0⤋
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2014-09-25 13:12:05 · answer #5 · answered by Anonymous · 0⤊ 0⤋