Question on buying a "prior salvage tilte" RV
Today we looked at a 5-wheel toy hauler that had a "Prior Salvage Title".
The owner explained to me that he bought it in Texas from a salvage or insurance company after a hail storm (large hail). We are in MN. He said he replaced the roof and did some other body work on it. He then said he had to have it inspected to get the title changed from salvage to "prior salvage". Looking around his yard, it was easy to see he was very mechanical he was restoring one jeep and had a Suzuki Samari he was refurbishing.
He also installed awning covers over all 3 slides, installed a 3rd heatpunmp AC in the toy hauler garage, replaced the bedroom AC with a heatpump AC, put 3 solar panels on the roof and replace all six tires with "G" rated tires last year.
The rig also had a 5500 onan gas generator with 640 hours (is that a lot?).
My question is, does a "Prior Salvage" title eliminate a buyer from getting a loan on an RV. This is not a concern for us right now, but if we decide to sell it down the road, will this be a road block to a potential buyer.
Would there be any other concerns about buying such an RV?
The owner explained to me that he bought it in Texas from a salvage or insurance company after a hail storm (large hail). We are in MN. He said he replaced the roof and did some other body work on it. He then said he had to have it inspected to get the title changed from salvage to "prior salvage". Looking around his yard, it was easy to see he was very mechanical he was restoring one jeep and had a Suzuki Samari he was refurbishing.
He also installed awning covers over all 3 slides, installed a 3rd heatpunmp AC in the toy hauler garage, replaced the bedroom AC with a heatpump AC, put 3 solar panels on the roof and replace all six tires with "G" rated tires last year.
The rig also had a 5500 onan gas generator with 640 hours (is that a lot?).
My question is, does a "Prior Salvage" title eliminate a buyer from getting a loan on an RV. This is not a concern for us right now, but if we decide to sell it down the road, will this be a road block to a potential buyer.
Would there be any other concerns about buying such an RV?
