Rebuilt title

Asked by 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?

2 Answers

83,485

Never ever buy a vehicle with a rebuilt or salvage title, you never know what kind of trouble your letting yourself in for ie, dogwalking, hidden fractures, water leaks,etc. I knew one guy that bought one and everytime he took a left turn just a little faster than normal the windshield popped out. So to answer your question the value should be scrap metal rates.

405

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.

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