Quote:
Originally Posted by MikeC
rebuilt title is basically the same as salvage title. The car was in an accident that caused more damage than the insurance company thought the car was worth. Someone (maybe original owner) bought it back for cheap and fixed it themselves.....then sold it you without you doing your research. sorry. car is worth A LOT less than what you are asking. And why are you asking a full thousand dollars OVER private party EXCELLENT price? You car is in fair to good condition at best, due to the rebuilt title. So take the $11,620 from "private party good" subtract the 1,100 from it and TRY and sell it for $10,520. If you get that, you will be EXTREMELY lucky. I used to work at a dealership as a car appraiser....fyi.
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thats being generous. r-title vehicles often sell for less than 50% of regular price. banks wont gives loans for them and insurance companies wont insure them.... makes it a pain.
07-12-2011, 05:42 AM
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