Re-Built Title

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rn240sx
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What do you guys think about re-built titles..?? This will save me about $25k compared to the same generation car with ~same mileage that has a clean title. It got hit in the front quarter panel. It passed that state inspection and the dealer 126 point inspection.


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Rogue One
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Hey, I've moved this to the General Chat section to get more input from those in the know. You didn't mention any details about the car your looking, so that may be a factor in how people respond.

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rn240sx
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I didn't mention the make or model because i don't want to hear any sarcasm on the car itself. I know how people are and some will reply and bash the car and not answer the question or give their opinion.
If they really want to know they can send me a PM ...

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AZhitman
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If you're keeping it, and don't care that it'll ever be worth anything, it's an OK way to get a car you might not otherwise be able to swing.

Keep in mind, many insurers won't offer full coverage on a salvage title car (it's already been paid out on), so you have to be OK with losing your investment if you get in an accident.

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Bubba1
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I agree with the AZHitman. If it's been repaired properly, (critically important, but sadly, often overlooked due to buyer passion) it could be fine. Assuming it was repaired correctly, yes, it does give you an opportunity to acquire a more expensive car for a more reasonable price. The problem is down the road, when it's your turn to sell it or have an accident. That's when you get hit hard with the reality why you paid less for it. From the value being severely reduced in an accident
(which means the insurance company will total it again for little more than a fender bender and then give you very little for it), to the unwillingness of the majority of future used car buyers to even consider buying a rebuilt/salvage title vehicle, you're likely going to take a bigger financial loss than buying a virgin (not salvage/rebuilt) titled car.

I personally will not consider a rebuilt titled used car for my family, but that's just me. But If you're serious about buying one, regardless of the make/model, my recommendation is to have a professional inspect it to verify it's been repaired correctly before pursuing. If you rely on the dealer/seller, your odds of getting burned go up. A "126 point dealer inspection" or current inspection sticker is not proof of a correct repair from a total loss. Good luck.

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AZhitman
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^ all facts, and well-said.

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1st35
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I think it would depend on how bad it was hit. I've heard of people having problems with rattles, noises, shakes, shimmys, wandering, tire wear, etc. from vehicles that have been in accidents. As mentioned, I would have an independent inspection done to make sure everything has been repaired correctly. An extensive test drive would be in order as well. If passion is an issue, take someone with you that can be an extra set of eyes and ears (listen to what they say afterwards even if you fall in love with the car). It will be harder to sell it when the time comes and I'd be interested in knowing about the full coverage insurance issue that was mentioned.


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