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If the shop determines the salvage title car is roadworthy, the vehicle owner can exchange their salvage title for a rebuilt title. Does a Rebuilt Title Affect Auto Insurance and Resale Value?
If the shop determines the salvage title car is roadworthy, the vehicle owner can exchange their salvage title for a rebuilt title. Does a Rebuilt Title Affect Auto Insurance and Resale Value?
Instead, the car insurance company can consider offering it a salvage title vs. rebuilt title after completing extensive repairs.
Legally, a rebuilt car is street-legal, and it may even be mechanically flawless, but from a financial, market-value perspective it will never equal a clean-title counterpart with no salvage history.
Question: What does it mean when I see a car for sale with a rebuilt title? Do you have to be a certain age to drive and insure such a car? Answer: Vehicles with rebuilt titles take the same ...
You can get insurance for cars with rebuilt titles, but most insurers will only provide minimum liability after a thorough mechanical inspection of the vehicle.
Legally, a rebuilt car is street-legal, and it may even be mechanically flawless, but from a financial, market-value perspective it will never equal a clean-title counterpart with no salvage history.
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