Salvage history, but clean title?

[JTK]

What if you bought it already repaired so have no receipts for the parts the previous owner used? Around here they never ask for that.

That would be the same as buying a vehicle w/out a title (in NY). For parts only.

 

[atikovi]

That would be the same as buying a vehicle w/out a title (in NY). For parts only.

That's nuts. Glad I don't live in the PRNY.

 

[JTK]

That's nuts. Glad I don't live in the PRNY.

For the buyer it has some advantages. You're going to be buying a vehicle "guaranteed" to be safe. So long as you feel being inspected by a government agency means that.

Once that process has gone through, putting insurance on the vehicle is no different, nor more costly than a normal vehicle.

For the seller, not so much. They have to be familiar with the process. Be sure they can get parts and keep the proper paper trail, all while hopefully turning a profit.

 

[atikovi]

For the buyer it has some advantages. You're going to be buying a vehicle "guaranteed" to be safe. So long as you feel being inspected by a government agency means that.

All that means is it wasn't put back together with stolen parts. A salvage inspection isn't a safety inspect beyond making sure it has a windshield installed, the fenders aren't held on by duct tape, or the door isn't about to fall off.

 

[Owen Lucas]

I'm not sure why it went to auction.

Most likely it was a trade in at the dealer and due to its age (and accident history) the dealer sent it to auction. Probably gave the customer $200 on the trade-in and maybe got $500-$700 back.

The vehicle could also have been donated, some donation vehicle sales are outsourced to auctions.

 

[Nick1994]

One thing I learned is that State Farm wont insure rebuilt cars. Killed the deal on a car I was selling.

They do with my previous Camry that my brother owns now, and his Jeep too.

 

[atikovi]

Maybe they changed the policy or it's a regional thing.

 

[JimPghPA]

When I bought my car I wrote two checks. One to the dealer For the car, and another one to the state for the tax, even though the dealer was the one sending in the paperwork and my tax check. Why did I write a separate check to the state? Because if a dealer goes belly up between the time you give them a payment and the tax is sent in, then you're left with a vehicwe that has not had taxes paid, and you have to write another check to the state before you can get a license plate for it. A check written to the state can not be cashed by the dealer.

Don't laugh it has happened to people years ago. People had to pay the tax twice, then wait for whatever little they could get back from what was left of the dealer. Fortunately for me I wasn't one of them.

 

[Exhaustgases]

So then tell us the story of the $3000. car? What is it? An old VW? Maybe a smashed smart car?