Rebuilt title

Asked by kryboggs Feb 06, 2015 at 12:25 PM about the 2007 Scion tC Spec Auto

Question type: Shopping & Pricing

The Market Value according to CarGurus for a vehicle I am thinking to purchase is $9020  
what would be the value if it has a rebuilt title or what should I be asking for?

4 Answers

1,555

Typically a rebuilt title is worth 70% of the value with a clean title. That is how insurance companies set the value. That said, be very cautious, some cars are perfectly fine and repaired by quality shops but it is still a bit of a risk. Ask to see the original repair estimate so you can tell what had to be replaced and the nature of the situation.

3 people found this helpful.
1,555

That is not correct. Market value may vary, but as I stated, insurance companies use 70% not 50%

Your Answer:

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