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re: Ot opinions... Would you buy a truck with a salvaged title?
Posted on 7/27/15 at 12:05 pm to HarryBalzack
Posted on 7/27/15 at 12:05 pm to HarryBalzack
Harry... What about insurance?
1
Posted on 7/27/15 at 12:08 pm to CENLALSUFAN
I have a salvaged title vehicle. I've had it four years. The only problem I had was getting someone to insure it. State Farm is the only one I could find and they only gave me liability because they said the car has no value to them since it's been totalled
Posted on 7/27/15 at 12:13 pm to CENLALSUFAN
Not just no, but hell no.
Did that once with an accord se-i when I was just out of HS, ended up getting rid of it at auction and got all my money back. But the car was a piece of shite. That was in the mid 90s when salvage title vehicles were more common. Would never get another.
Did that once with an accord se-i when I was just out of HS, ended up getting rid of it at auction and got all my money back. But the car was a piece of shite. That was in the mid 90s when salvage title vehicles were more common. Would never get another.
Posted on 7/27/15 at 12:15 pm to CENLALSUFAN
wait there will be plenty of cheep dodge rams for sale shortly
Posted on 7/27/15 at 12:15 pm to CENLALSUFAN
Sure, I've owned a sapavage title before. Someone threw salt water in the Interior and claimed water damage. Depending in what it is, you'll save a ton of cash or spend a ton of cash.
Posted on 7/27/15 at 12:17 pm to Paige
Hmm... If I get it if plan on running the tires off of it anyway.. As much as I'm back and forth to Texas from Louisiana right now.. My company only pays 75 days annually for hotel if we are forced away from home and then after that we are on our own.. So I figure instead of paying out the butt for hotel or trying to get an apartment and possibly losing my deposit just go this route.. Because we get bumped from Houston to Bloomington to kingsville ask the way to Brownsville and back sometimes in the matter of weeks or even days... So I'd figure to make good with some of the RV parks and maybe just pay by the week.. Maybe they will do that if they see I'm good for the money.. Who knows..
Posted on 7/27/15 at 12:20 pm to CENLALSUFAN
No.
Hard to insure, hard to finance, hard to sell-you just about can't buy it cheap enough.
Plus, you'll always be chasing weird problems and rattles.
Hard to insure, hard to finance, hard to sell-you just about can't buy it cheap enough.
Plus, you'll always be chasing weird problems and rattles.
Posted on 7/27/15 at 12:22 pm to stout
quote:
They could have salvaged it for flooding
Or theft and recovery.
Posted on 7/27/15 at 12:23 pm to jrodslu
quote:where in the ever living frick do you idiots come up with this kind of shite?
ou better check with your insurance first, a lot of times they won't give coverage on a salvage vehicle. And good luck finding someone to finance it, it's going to be considered a bad risk investment.
When is the last Got damn time your insurance agency asked for the vehicle title? That is the only place it would show it has a salvage title.
BTW,OP cannot register a salvage title vehicle.Title has to be changed over to a reconditioned title and parts list and receipts must be notarized and submitted to the DMV along with a State Police inspection before they will give you a reconditioned title.
I saved up cash and was able to purchase a damn fine vehicle for my sons first vehicle. I paid $7400 for a 2008 GMC Sierra extra cab with 102,000 miles on the odo.
KBB valued the truck at $13,500.00
Truck had no frame /motor/transmission damage and no airbag deployment.
So. You can see where a salvage title purchase can be a great opportunity in certain circumstances.
Posted on 7/27/15 at 12:26 pm to meauxjeaux2
They probably run the VIN and see that it's been totalled
They definitely know
They definitely know
Posted on 7/27/15 at 12:30 pm to meauxjeaux2
quote:
When is the last Got damn time your insurance agency asked for the vehicle title? That is the only place it would show it has a salvage title.
No. They can type in the VIN number and get the full info on that vehicle. Insurance companies share that info amongst one another now on home and autos. It's just an excuse to charge people more in some instances IMO.
How do you think it all shows up on CarFax but an insurance company wouldn't know?
Posted on 7/27/15 at 12:31 pm to Paige
quote:there is no database that shows its totaled. I have my title coming in the mail for the aforementioned truck and am freshly out of the process the OP asked about.
They probably run the VIN and see that it's been totalled
They definitely know
And i saw you said you have been driving a salvage titled vehicle. How did you register the vehicle with a salvage title?
Posted on 7/27/15 at 12:32 pm to stout
quote:i specifically asked my agent, Debbie Drury State Farm and was told it did not matter just as long as the vehicle passed State Police inspection.
No. They can type in the VIN number and get the full info on that vehicle. Insurance companies share that info amongst one another now on home and autos. It's just an excuse to charge people more in some instances IMO.
How do you think it all shows up on CarFax but an insurance company wouldn't know?
Posted on 7/27/15 at 12:32 pm to meauxjeaux2
at you if you don't think insurance companies don't know that a totaled vehicle is totaled. Posted on 7/27/15 at 12:35 pm to meauxjeaux2
Glad it worked for you but I'm just telling you that they have a way of knowing that info. I have sold houses before and the buyers were going with a different insurance company to insure it only to find out the current owners had filed a claim previously.
Insurance companies definitely share that sort of info and know.
Insurance companies definitely share that sort of info and know.
Posted on 7/27/15 at 12:35 pm to CENLALSUFAN
It depends on the price.
Posted on 7/27/15 at 12:35 pm to stout
quote:
They can type in the VIN number and get the full info on that vehicle.
reconditioned title vehicle is issued a new VIN by the DMV.
Posted on 7/27/15 at 12:36 pm to meauxjeaux2
A vehicle is worth about half of what it is listed for if it has a salvage title.
The only time to entertain it is when you know what the vehicle is totaled for, where/how it was fixed, and you are paying cash and never plan on trading it in. Other than that, not worth it.
The only time to entertain it is when you know what the vehicle is totaled for, where/how it was fixed, and you are paying cash and never plan on trading it in. Other than that, not worth it.
Posted on 7/27/15 at 12:36 pm to meauxjeaux2
quote:
reconditioned title vehicle is issued a new VIN by the DMV.
Mine wasn't
Posted on 7/27/15 at 12:40 pm to LNCHBOX
quote:
LNCHBOX
quote:
at you
Truck i purchased was rebuilt using parts from another truck and the vin was disclosed from the donor truck.DMV issued a brand new VIN since a donor vehicle was used to rebuild.
They do it all the time.
padnuh
quote:
All files containing a Replacement of VIN Plate form (DPSSP 3512) must be forwarded to the Specialized Vehicle Unit, Headquarters Services,for processing since replacing parts resulted in the removal of the public (VIN) identification plate. An application (DPSMV 1799) for title. Applicable fees and taxes.
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