A car title is a legal document that establishes the ownership of a car. The car title shows the Vehicle Identification Number (VIN) of the car, the state where it is registered, and other vital information. The status of the title can help to reveal a whole lot about the history of the car, the title can state if it is a rebuilt or salvage title.

Usually, when a car is new, it is expected to carry a clean title. A clean title means that the car has never been involved in an accident, or previously damaged because of flood or other natural disasters. Aside Clean title, you can also have a Rebuilt or Salvage title. Although these two are sometimes used interchangeably, they are not the same looking at it from the legal standpoint.

Salvage Title

A salvage title is issued for a car that has been totaled by the insurance company because it has been severely damaged as a result of an accident or natural disaster. This type of car has lost over 75% of its value as a result of the damages. However, the definition of what a salvage or rebuilt title is can vary from one state to another. Check with the Department of Motor Vehicle in your state to know what salvage and rebuilt titles mean.

Rebuilt title

A rebuilt or reconstructed title is issued to a car that previously had salvage title but has been repaired, inspected, and passed as being roadworthy again. It means the car has been rebuilt from the chassis. The car has to be inspected by an official from the state agency to certify that the car is now functional and safe to drive after it has been rebuilt or reconstructed. The issue with buying a car with a rebuilt title is that you can never know the extent of the damage to the car that gave it the initial status of a salvage car. However, you can request for the estimate and details of the repairs done on the car to see if you can have a good idea of the damage done.

Another issue with the rebuilt car is that you might not find an insurance company that will offer you full coverage for a car with a rebuilt title. Hence, it is important to check with your insurance first to see how much coverage you can get for a car with a rebuilt title before paying for the car.

If you wish to buy a car with a rebuilt title, make sure you go with an experienced mechanic to inspect the car. If you have any reservations about the car, it is better to walk away. Learn more at https://medium.com/@1lowdr/consider-a-title-loan-for-cash-today-its-all-online-with-tfc-537d1733a33c