Auto Tips: Junk And Scrapped Title Record Check: An Overview
Posted by admin at 29 October 2016, at 12 : 02 PM
When buying a used car, the last thing that most buyers want is to buy a car that ends up being worthless. This is rare, but can be the case when a dealer refurbishes a junk or scrapped title car and sells it without telling the buyer what he has done. For this reason, it is important for used car buyers to be aware of the junk and scrapped title record check, which can tell them whether the car has ever been so badly damaged that it was declared a write off.
But first, let us correctly understand what the junk title actually means. A junk title is basically issued on a vehicle which has been so badly damaged that the repairing cost exceeds 75% of its pre-damage value. This destruction threshold may vary from state to state.
Several states utilize this title for indicating that a vehicle is not worthy of running on the roads and cannot be titled again. In fact, some of the states treat junk titles as salvage. A salvage title is issued by the states when a vehicle is damaged.
The cost involved in repairing a salvage vehicle is huge. It also sometimes exceeds the vehicles true market value. This may be connected to an insurance company, announcing a total loss of the vehicle. There are many dealers who rebuild these vehicles and issued a reconstructed or rebuilt title. And remember that some dealers in the market are very clever, and they sell the salvage cars in other states.
Potential buyers should know this before purchasing a used car, otherwise, it is possible that the dealer would be able to fool the buyer by providing him with the junk and salvage title of the car. In order to avoid the junk and scrapped title, you should conduct a complete history check of the vehicle to clear any doubts.
People who prefer to buy such vehicles often have to spend plenty of money on its repair work. At times, they also face problems afterwards. This is because the repair work costs exceed the overall market value of the car.
As can be seen, buying a used car that has a junk or scrapped title is something that should be avoided at all costs. The amount of money that could be spent on the constant repair work that could be needed with such a car could well be huge. But with a bit of research, this can easily be avoided, and there is no need to buy a vehicle with a scrapped title. Therefore, a junk and scrapped title record check is essential for those buying a used car.