salvage title
10-28-05, 10:14 AM
#4
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Don't bother.
Insurance should skyrocket, or they won't even bother giving you a quote.
Why would they want to pay out on a claim on a car which has almost zero resale value?
Banks would be very wary of financing such a vehicle for the same reason - the car has zero resale value.
-Ted
Insurance should skyrocket, or they won't even bother giving you a quote.
Why would they want to pay out on a claim on a car which has almost zero resale value?
Banks would be very wary of financing such a vehicle for the same reason - the car has zero resale value.
-Ted
10-28-05, 11:14 PM
#6
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Unless there are laws in your area, rebuilt title car cost no less and no more when it comes to insurance. Like I said it may be different for you locally, but here in Ohio, I know people that deal w/these cars day in and day out and there are no problems getting insurance for them and it does not cost a premium. Hell my agent didn't even ask me about the title on my car, I was the one that told him it was rebuilt and he said it made no difference.
Hope that helps.
Hope that helps.
10-28-05, 11:27 PM
#7
Well for me I got stuck with a salvages title, I found out two months after buying the car when I got the title. In Cali all you can get insurance wise is Liability no full coverage but it may be different for you. If you can find another car, unless you dont care about the resale value.
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11-01-05, 03:10 PM
#8
in florida, banks will not finance a car with a salvage title.
you can get insurance all day long but the salvage value for your car will be substantially less then the blue book value for the car.........which is pretty low!
where in florida are you located and where are you buying the car..........if its in miami, be careful
you can get insurance all day long but the salvage value for your car will be substantially less then the blue book value for the car.........which is pretty low!
where in florida are you located and where are you buying the car..........if its in miami, be careful
11-01-05, 03:27 PM
#9
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Originally Posted by Rx Seven
Well for me I got stuck with a salvages title, I found out two months after buying the car when I got the title. In Cali all you can get insurance wise is Liability no full coverage but it may be different for you. If you can find another car, unless you dont care about the resale value.
