Navigating the complex world of selling a car with a rebuilt title can be challenging. Many potential buyers shy away from such vehicles due to concerns over safety, resale value, and previous damage. However, understanding the true value of a rebuilt title car is crucial, whether you're buying or selling. CarBrain offers an easy-to-use Rebuilt Title Value Calculator that demystifies the process, giving you a clear, fair market value of your vehicle in seconds. This tool considers factors like previous damage, repair quality, and current market trends, ensuring you get the best possible price. With CarBrain, you can confidently assess the value of your rebuilt title car and make informed decisions about its sale.
Imagine a car that was wrecked in a front end collision with deployed airbags or a car that was subject to severe flooding from a hurricane.These vehicles are now declared a total loss by the insurance company. In most cases, the reason why a car is totaled is due to the cost of repair exceeding 75% or more of the vehicle's resale value.
Let’s say a there’s a Toyota Corolla with a resale value of $5,000 and it’s been involved in a rear-end collision. The airbags are blown and it has a bumper that's sticking out like a sore thumb. After the insurance company looks at the car, they determine that cost of repair will be $4000. The cost to repair in this case is 80% of the resale value, therefore, the vehicle is now branded as ‘salvage’. More than likely the insurance company will keep the car to auction it off at junk or salvage auctions and then compensate you for the car. Some insurance companies have multiple options and there is a possibility that they’ll let you keep the salvage yourself and they’ll reduce the compensation amount. So what happens next?
A less-than-perfect car with a rebuilt title is a tough sell. Most car buyers will make a run for it the moment they hear a vehicle is rebuilt, but why? That's a good question. There are many reasons why a buyer could refuse to purchase the car, such as its resale value or potential safety concerns. It's important to be well-informed about what a rebuilt title is and how a rebuilt title affects your car value before you open up that can of worms.
Selling a rebuilt title car is no walk in the park. If you own a less-than-perfect, junk, or rebuilt car and want to sell it fast for a fair market value with no haggling and FREE towing, then check out CarBrain. We’re the smart way to sell your car! Most vehicles receive an offer in just 90 seconds. If you agree to our offer, we will pick up the car and deliver payment in just 24 to 48 hours!
If you're buying or selling a rebuilt title car, some of these questions may come up that may affect the rebuilt title value of your car.
What is the difference between a rebuilt title vs salvage title?
Is a rebuilt title car safe?
How much does a rebuilt title affect value?
Are there salvage car buyers near me?
In this article, CarBrain will go over these questions and more!
Some rebuilt title cars can sell for less than half of what a clean version is worth. That is because most banks will not provide car loans for them, insurance companies will provide little to no coverage on these cars, and sometimes they never drive the same after the rebuilding process.
Rebuilt cars have some value left in them. Before you sell it privately, check what it’s worth.
Rebuilt and salvage cars actually go hand in hand. One must evolve into the other. The path to a rebuilt title car begins when a new or used vehicle is damaged by a natural disaster, car collision, or theft and is then declared a total loss by the insurance company. The insurance company will then brand the vehicle’s title as ‘salvage’.
After a vehicle has been branded with a salvage title, the owner must put the vehicle through a rigorous and expensive repair process if they want the car to be drive-able again. The vehicle must be repaired and able to pass a state inspection to have its title branded as a Rebuilt salvage car. At this point, the vehicle is now certified by the state to be sold and driven on the streets. However, a rebuilt title car value will commonly be much lower than a car without a rebuilt title.
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Not every car is rebuilt from an accident. Picture a Honda that was stolen and recovered but the engine was missing along with interior parts and wheels. The vehicle is then salvaged off to a buyer that has another car just like it that's crashed and is waiting to swap parts. The buyer will fix this car to have it inspected and change its branding to rebuilt, thus making this a rebuilt title car that's safe to drive.
Vehicles that are rebuilt for cosmetic and structural damage may not be the safest car to have an accident with. When a vehicle has one or more of these issues you may want to think twice before driving-
For more information on these damages, click here.
There isn't any easy salvaged or rebuilt car value calculator. There are many factors that affect a rebuilt vehicle’s value including where the vehicle was damaged, the extent of that damage, and the quality of the repair. Some of these cars could have a resale value of more than 50% lower than its clean title counterpart.
A clean used 2009 Toyota corolla could cost you up to $12k depending on the mileage. The same vehicle but with a rebuilt history could cost you from $5k to $7k, depending on what happened to the car and the quality of repairs.
Signs of good quality repairs:
Paint is matching color all around
All body panels are lined up properly
Vehicle drives straight
No dash warning lights
Unpainted or mismatching shades of color
Body panels misaligned (e.g. gaps in between bumpers)
Vehicle not driving straight
Warning lights on the dash
Rebuilt vehicles are a tough sell on private car buyer markets. Professional car buyers and dealers are aware of the problems that come along with a car that's been in an accident, so they always offer you much less than your salvage car is worth. You ought to consult people who buy salvage cars every day, and pay a fair price for them.
Are you struggling to sell your wrecked and rebuilt car? Try selling it to CarBrain! We’ve turned the long and tedious process of selling your car into a fast and convenient way to put extra cash in your pocket. Most vehicles will get an offer in just 90 seconds. If you like our offer, then we’ll send a driver to deliver the payment and tow the car for FREE! It only takes 24 to 48 hours. Get an offer now to see how much your car is worth!