Forum Discussion
Ivylog
Dec 12, 2018Explorer III
He left off a few details like the driveshaft was hopefully out of it when towed in. It’s not legal to drive a vehicle with a salvage title home. Copart charges an additional 5-10% of the purchase price.Getting collision/comp insurance coverage can be difficult. With probably $40K in it repaired for a rig worth more than $100K...he will do well when he sells it.
Having bought 10+ Copart vehicle you need to inspect before buying and getting a salvage title changed to a rebuilt title can be difficult. Not all vehicles will have a salvage title...hail damage being my favorite ones as they were probably in running condition when damaged. A hail damaged PU I bought 6 years ago is still worth more than I paid for it and like a golf ball, the dimples in it makes it more aerodynamic.:B
Having bought 10+ Copart vehicle you need to inspect before buying and getting a salvage title changed to a rebuilt title can be difficult. Not all vehicles will have a salvage title...hail damage being my favorite ones as they were probably in running condition when damaged. A hail damaged PU I bought 6 years ago is still worth more than I paid for it and like a golf ball, the dimples in it makes it more aerodynamic.:B
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