Salvage Title
Cargo Master
Joined: Jul 2009
Posts: 2,541
Likes: 54
From: Des Moines
The specific definitions may be different depending on the state, but generally speaking it's a vehicle that's been in an accident that's considered a total loss by an insurance company. If the vehicle is then recovered and fixed, it's considered "salvaged."
What's the condition of the truck? Has the seller given you a history of what they did to it? Make sure to ask them about it, or if you know someone that's a member of carfax, they can run the VIN for you to get its history.
What's the condition of the truck? Has the seller given you a history of what they did to it? Make sure to ask them about it, or if you know someone that's a member of carfax, they can run the VIN for you to get its history.
Hotshot
Joined: Sep 2001
Posts: 11,958
Likes: 228
With the older trucks like ours a damaged bedside could constitute a total loss if the insurance company thinks it costs more than the truck is worth. So, Just because they decided to total it doesn't necessarily mean the truck was wrecked that bad.
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Elder User
Joined: Feb 2006
Posts: 672
Likes: 0
From: Campton
This truck is the white truck i was going to buy we decided on 2500 dollars which was considered a good deal but when we went to transfer the title it said REBUILT TITLE. so i backed out on it. now after riding in the truck yesturday and it still drives and rides great i am considering buying it. I was told a was backed into buy a car and crushed the bedside and that the insuranse company junked the title the owner prior to my father in law fixed the bed side and repainted it.
Post Fiend
Joined: May 2004
Posts: 11,289
Likes: 6
From: Lakewood, Ohio
just remember that when you sell it you will have to answer all the same questions.
also, every dollar you put in this truck you may never see again.
unless you can't live without it i suggest pass.
also, every dollar you put in this truck you may never see again.
unless you can't live without it i suggest pass.
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Fleet Owner
Joined: May 2009
Posts: 21,437
Likes: 76
From: Gilbert, PA
This truck is the white truck i was going to buy we decided on 2500 dollars which was considered a good deal but when we went to transfer the title it said REBUILT TITLE. so i backed out on it. now after riding in the truck yesturday and it still drives and rides great i am considering buying it. I was told a was backed into buy a car and crushed the bedside and that the insuranse company junked the title the owner prior to my father in law fixed the bed side and repainted it.
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Joe Kucinski
Freshman User
Joined: Jun 2009
Posts: 46
Likes: 0
Been here a few times. If you are going to buy it and keep it, who cares as long as it tracks straight and the tires wear evenly. If you plan to sell it down the road, that's where you really need to consider it because of the resale value. I have had great trucks that have dirty titles. If it is cheap and you like it and plan to drive it for years to come, buy it! JMO
Aaron
Aaron
Posting Guru
Joined: Nov 2008
Posts: 1,183
Likes: 0
From: Pennsylvania Wilds
Heck, if you can get it cheap enough, building up a vehicle with a salvage title is even worthwhile sometimes.
We rebuilt a salvaged 2005 Freestyle this past winter, and the neighbor's already gotten offers for it for twice what he spent on parts and everything.
Some salvage vehicles have been abandoned, too, I believe?
We rebuilt a salvaged 2005 Freestyle this past winter, and the neighbor's already gotten offers for it for twice what he spent on parts and everything.
Some salvage vehicles have been abandoned, too, I believe?
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Elder User
Joined: Feb 2006
Posts: 672
Likes: 0
From: Campton
i have been driving BEATER's For a long time and this time i want something nice and something i can keep. like i said before my wife was brought to our wedding in this ford. and it is nice. it needs a couple things but nothing major. i am not really worried about resale value because if you set and worry about ever penny you put into something then you dont have any fun. YOU ALMOST NEVER get what you got into something. thanks guys for all the info i appreciate it.
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Robert6401
1999 - 2003 7.3L Power Stroke Diesel
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Jul 24, 2009 08:57 PM
