Many times you can get an auto with a rebuilt title for much cheaper than you would be able to buy a similar one with a clear title, but before you buy you need to find out the history of the vehicle. Ask the seller how it got a rebuilt title because obviously it had some sort of damage, enough that the insurance company decided it would cost more to repair than it was worth. The insurance company would've then given it a salvage title. After the car (or truck) received its salvage title someone came along - possibly the original car owner, car dealer or a mechanic who then bought it and repaired it. In order for it to have gotten from a salvage title to a rebuilt title they would've had to have the vehicle inspected by the DMV or highway patrol.
The important thing is to find out what kind of damage the car originally had. You can ask the seller but you should also go to Carfax.com or the DMV and they will run a search on the VIN number of the vehicle for you. Usually if the damage isn't too severe or it was just body damage then it could be a good buy. However, If the vehicle had water damage it will probably be more trouble in the long run then it's worth.
Also find out who did the repairs on the vehicle to make sure a qualified person(s) did the work properly.
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GREAT JOB!!! ansewered my question directly!!! THANKS
I recently purchased a rebuilt car. I could only have the car checked out (change of VIN and engine number) after I took posession of the car because the seller would not release the car to me. I stupidly paid him a deposit and we signed an Purchase and Sale Agreement and he gave me the licensing documents to go and have the car transferred into my name.
I wanted to make sure that there were no illegal dealing prior to the car being sold to me, so I took it to the police to check that the engine and chassis numbers were all in order. The police impounded the car because the VIN number was changed.
The vehicle had a new body and therefore a new VIN number.
I need advise please, because I have now lost my money and the car has been impounded and the police won’t release it. The police say that the only reason for the impound is that the body has been changed. We have given them proof of the body being purchased from a reputable company (normally buy and resell insurance write-offs)
What do I do, where do I go. The documentation is all in order with the licensing department.