salvage title mystery
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I posted this in the legal forum but I am not sure if enough people will look at it over there. Please delete this thread if it doesn't fit here at all
hey guys I have a question regarding salvage titles
is it possible for a car to get a salvage title because it had a lien from a loan, the person defaulted on the loan, and the bank had to liquidate the asset somehow?
I bought a 2010 civic ex some time ago, no mechanical or esthetical issues at all, very few miles on it..I absolutely love it...but it got a salvage title from Texas. it also has a loan/lien brand according to autocheck, but autocheck also says it had 0 accidents reported.
the case seems really unusual to me..but I don't know enough about the system. your help is much appreciated.
hey guys I have a question regarding salvage titles
is it possible for a car to get a salvage title because it had a lien from a loan, the person defaulted on the loan, and the bank had to liquidate the asset somehow?
I bought a 2010 civic ex some time ago, no mechanical or esthetical issues at all, very few miles on it..I absolutely love it...but it got a salvage title from Texas. it also has a loan/lien brand according to autocheck, but autocheck also says it had 0 accidents reported.
the case seems really unusual to me..but I don't know enough about the system. your help is much appreciated.
#3
Re: salvage title mystery
a "salvage" title normally is only issued to a vehicle that has been "written off" by an insurance company for damages, meaning the damages were more expensive to fix then the car is worth,
#4
If you think a good mechanic is expensive, try hiring a bad one
Re: salvage title mystery
Some states will salvage title your car if it is stolen, no crash involved.
Flood car?
Flood car?
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Thanks for the replies guys. There are no flood damage brands...and no visible trace of flood damage. No theft reports...no accident reports....just a loan brand and a salvage title brand from texas
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then check what texas consider salvaged title
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