Help with a salvage title situation
Hi, I'm new to this forum but I do need some help. So, I found an RV for sale for next to nothing on the website Camping World. It was in their Georgetown, KY which is an hour from me. I knew ...
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The only thing that matters is the title statutes in Indiana as that is where he is wanting to title it next. So you need to talk to the DMV there about salvage titles and can the brand be removed after repair and inspection? Some states have a procedure to rehabilitate a title. Others will remove the brand from the title after a certain period of time. Others will never remove it. I presume you are intending on flipping the trailer rather than using it.
A salvage title brand does not make a trailer/title unmarketable, it may however make it harder to sell/trade and impact final sale value based mostly on the perception a potential buyer would have of a "salvage" vehicle. Truth is if it's fixed, it's fixed and the brand is just on paper.
Heck you paid less than $600 for the trailer. If nothing else part it out by components if you don't think it's worth the work to rehab and flip.
A salvage title brand does not make a trailer/title unmarketable, it may however make it harder to sell/trade and impact final sale value based mostly on the perception a potential buyer would have of a "salvage" vehicle. Truth is if it's fixed, it's fixed and the brand is just on paper.
Heck you paid less than $600 for the trailer. If nothing else part it out by components if you don't think it's worth the work to rehab and flip.
