Is it true that if you buy a car from an auction you recieve a salvage title? - salvage auction calgary
Is it true that if you buy a car from an auction receives a title to save? I am saving in a 2004 Mazda Tribute, the title is interesting, too, the seller said it was because he bought at auction, "Is that right?
It also has a salvage title will cause problems in the future if I buy the car? (Insurance wise.)
Tuesday, January 19, 2010
Salvage Auction Calgary Is It True That If You Buy A Car From An Auction You Recieve A Salvage Title?
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The seller is lying. You may have bought at an auction, but it has saved a title, because he was suffering from an insurance company. This means that the damage to at least 75% of the value of the car for repair. Do not buy this car.
Even if you bought the car, most banks will not lend money on a car with a branded title. It would also selling problems, such as the value is slightly lower than the same car with a good book. Please do not buy the car.
The seller is lying. You may have bought at an auction, but it has saved a title, because he was suffering from an insurance company. This means that the damage to at least 75% of the value of the car for repair. Do not buy this car.
Even if you bought the car, most banks will not lend money on a car with a branded title. It would also selling problems, such as the value is slightly lower than the same car with a good book. Please do not buy the car.
Sorry Thats total BS!
Sorry Thats total BS!
That is not true. It has saved a title, because it was a total of an insurance company. Do yourself a favor and stay away from this vehicle. Although it may seem like a bargain today, so potential buyers will try to save, sell the fear on the streets.
About half the cars in many cars that are sold today bought vehicles at auctions. Most of them are landlords, or so-called "lease returns".
My husband and I have a lot of cars. It is not true just because a vehicle at an auction that a salvage title is acquired. A car has a salvage title in the event of an accident was considered serious enough that the car is declared a total loss. How to save the title insurance no problems, but many banks and financial institutions will not lend money to buy a vehicle with a salvage title, and if you sell in the preparation of the vehicle is worth almost nothing. My recommendation to stay away from any car with a title to save. You have no idea what is really wrong, or how well it is repaired. It could be a car against flooding and electrical problems or damage to the chassis, you can not see.
The seller is not telling you the truth, if you bought it to save for an auction. Do not buy a car auction a car from an emergency, an insurance company gives a car to save a title when the vehicle as a total loss. Every state has different criteria to classify to a title. The age of the vehicles in my state, as part of a rescue-would mean that the car should not be put back on the street because he has suffered severe structural damage. Future problems with the purchase of this car, so that little or no resale value, or to find out the hard way that safety devices on the vehicle to function properly.
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