General Automotive Discussion

Quick title question

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Old 09-25-2017, 01:42 AM
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Quick title question

I have a 1998 Ford Explorer Eddie edition that has an Illinois Rebuilt title, on Saturday 9/23/17 someone jumped the curb went through the grass and smacked the back of my truck where it was parked in front of my house, I have the police report and their insurance information will there be any problems being the title is rebuilt. thought maybe someone would know here
 
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Old 09-25-2017, 06:34 PM
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Welcome to FTE.

Define "problem".

You should be "made whole" by that fellow's insurance company. That means you get the value of your truck as it sat when smacked.

Generally a rebuilt title vehicle has a lower value. If you did work to it or added things, you can ask for more but expect to be asked to prove what you paid to add value.
 
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Old 09-25-2017, 11:18 PM
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I am not sure if they can deny my claim because of a rebuilt title, I have been told they can also have been told it just makes the value 20 to 40% lower.
 
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Old 09-25-2017, 11:25 PM
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I would suggest you talk to the insurance company and negotiate with them.

You know what you paid, what you added, what a KBB or other fine auto value site says and you seem to think it might have a 20%+ haircut due to being a rebuilt. I think from all that you can figure a number to have in mind when you talk to them.
 
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