Anybody ever buy a truck with a salvage title?
Looking at a 2017 Cummins/Aisin, has salvage title due to rebuild after front end collision. Price is $10k below market. Supposedly inspected by a company called BlueStar.
Forum Discussion
I would with no problem. In my state a rebuilt title is only issued after inspection of the work by a state inspector.
FLOOD- No way no how.
You can have it inspected for sure, and I would recommend it.
Also, as we learned the hard way, there are laws about when an insurance company can write off a vehicle. In my state if the rebuild cost of the wreck is 75% ish of the value of the vehicle or more than they have to write it off.
If it's 74% the existing vehicle gets rebuilt. We ran into that when our nearly new 2013 Kia was hit hard from the rear.
Our car was somewhere around 65% of the value to get rebuilt. The CarFax ended up saying "Minor Rear End Collision" which was false IMHO. The car was twisted like a pretzel and had to be put on a frame rack to be fixed.
What this means is that there are all kinds of vehicles that are put back on the road that were only a few % points away from being totaled. And the CarFax will say "Minor Collision". and the only inspector will be the customer because the title never changed from being "clean" to "salvage" or 'rebuilt".
I have family members who do professional body work and I appreciate their skill sets. But realizing that a salvage title to be put back on the road requires a pretty good inspection process, but just a few value % points away it's just a minor collision on a CarFax and doesn't require that external inspection.
JMHO, based on experience.
Thanks!
Jeremiah
FLOOD- No way no how.
You can have it inspected for sure, and I would recommend it.
Also, as we learned the hard way, there are laws about when an insurance company can write off a vehicle. In my state if the rebuild cost of the wreck is 75% ish of the value of the vehicle or more than they have to write it off.
If it's 74% the existing vehicle gets rebuilt. We ran into that when our nearly new 2013 Kia was hit hard from the rear.
Our car was somewhere around 65% of the value to get rebuilt. The CarFax ended up saying "Minor Rear End Collision" which was false IMHO. The car was twisted like a pretzel and had to be put on a frame rack to be fixed.
What this means is that there are all kinds of vehicles that are put back on the road that were only a few % points away from being totaled. And the CarFax will say "Minor Collision". and the only inspector will be the customer because the title never changed from being "clean" to "salvage" or 'rebuilt".
I have family members who do professional body work and I appreciate their skill sets. But realizing that a salvage title to be put back on the road requires a pretty good inspection process, but just a few value % points away it's just a minor collision on a CarFax and doesn't require that external inspection.
JMHO, based on experience.
Thanks!
Jeremiah
