[DML] Re: Opinions on this car?
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[DML] Re: Opinions on this car?
- From: "Dave Swingle" <swingle@xxxxxxxxxxx>
- Date: Sat, 15 Jan 2005 00:00:37 -0000
That's one of those things that depends where you live.
I own a car (not a DeLorean!) that had a Reconstructed title. Before
that it had a Salvage title. This means that the car was totaled,
brought back to life (in this case by being "clipped" i.e. made from
two cars), re-inspected and titled as "reconstructed". The
interesting part about this is that by transferring such titles thru
different states, you can often lose the "reconstructed" status. Mine
is like that. The title I now hold looks perfectly clean. But if you
look in Carfax it's still there.
Again - this is like asking insurance questions, there are no uniform
rules across the country/around the world.
The status of the title means nothing, what counts is what condition
the car is in, although like Mike mentioned future owners may be
skittish about such titles. It's not a big deal if you plan to own
the car forever or until it depreciates to nothing.
Dave S
--- In dmcnews@xxxxxxxxxxxxxxx, "Brent W. Lundgren" <brentlun@xxxx>
wrote:
>
> Does anyone have any opinion of "reconstructed" titles?
>
> I purchased my "D" from an owner in Maryland who had purchased it
from an
> owner in Pennsylvania. When I re-registered the car in
Pennsylvania, the
> title came back as "reconstructed". Sometime in it's past it had
been hit
> in the right front. Since I have owned it, I have gotten a clean
bill of
> health from Rob Grady.
>
> Brent Lundgren
> VIN #17006 (SS Louvers)
>
> ----- Original Message -----
> From: <mike.griese@xxxx>
> To: <dmcnews@xxxxxxxxxxxxxxx>
> Sent: Friday, January 14, 2005 10:07 AM
> Subject: Re: [DML] Re: Opinions on this car?
>
>
> >
> >
> > Salvage titles may not be a death sentence, however they do limit
> > the value of the car to collectors. A good rule of thumb is that
> > a salvage title will knock 1/3 off of the value of the car even if
> > it is otherwise perfect.
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