Is it worth buying a rebuilt title car?
How does a rebuilt title affect the value of a car? A vehicle having a rebuilt title will likely have a lower market value because it underwent significant damage. Compared to similar models with clean titles, a car with a rebuilt title could have 20% to 40% less value, amounting to potentially thousands of dollars.
What is the downside of a rebuilt title?
You will want to avoid purchasing a vehicle with a rebuilt title if the car has a history of fire, flood, or electrical damage. These issues are exceptionally difficult to repair, which means the risk of ongoing problems will be much higher in that situation.
Is a rebuilt title and a salvage title the same thing?
The difference between rebuilt vs. salvage title vehicles is that rebuilt vehicles were once salvaged but have been refurbished. They’re then taken to the DMV where they pass a rigorous inspection that ensures they’re in good condition. When they pass the test, they’re redesignated as rebuilt title vehicles.