Rebuilt cars - YouTube

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So what are the benefits of buying a rebuilt car versus a clean title?

what is a rebuilt car exactly a rebuilt title is when simply a car was purchased

at an insurance auction it has been repaired and put back on the road as a

repaired vehicle that title is branded a rebuilt title. Does that mean that the

frame has been damaged beyond safe driving abilities or some other

structural damage has happened to the car? No not at all!

In fact when a car is sent to the salvage yard it only represents a

monetary value in damage for example if a car is worth 10,000 then if the damage

supersedes 75% of the value of the car then it automatically gets totaled.

Now it's not important what kind of damage that is it can be damaged from

just airbags that have been deployed it can be sheet metal that has been replaced,

It can be paint damage. It does not mean that the car has suffered severe damage

and that's where a lot of confusion comes in and the fear of buying a

rebuilt title. So to clarify this does a rebuilt title mean that the car has been

damaged extensively? No it does not it means that the damage has superseded 75%

of the value of the car. So how do you determine when you're buying a rebuilt

car if it has had past or previous structural damage? Well that's very

simple, when you're buying a rebuilt car you simply want to ask for pictures and

here at my rebuilt you can see and evaluate the before and after picture of

the repair. These cars should be discounted substantially because there

are a few problems when you buy a rebuilt title car.

One is being that insurance will be hard to find. Now I will give you a few tips

on how you can bypass (overcome) those difficulties and challenges with getting insurance on

a rebuilt titled car, okay so let's go through two alternatives that you may

have to get insurance on a rebuild title car and I'm going to recommend this one

to be a first alternative because it seems to be the most efficient economic

with the best coverage as far as I am aware at the moment, and for this

alternative you would need to place the vehicle in a corporate structure name

and that means when you get the title you simply place the name of your

corporation on the back instead of your personal name and go to tag office and

register in the name of your corporation with your corporate documentation

instead of your personal documentation, and that's simple to do, after that's

done then you will get a what's called a non owners policy, and a non owners

policy is generally much cheaper than most policies out there that you may

find extremely affordable and they cover all cars that you drive, and so this is

quite beneficial when you're when you're driving any vehicle it will be covered

so that's one alternative and a recommendation I would give to you the

second alternative is to get simply a liability policy if you don't have the

means to put the car into a corporate structure or if you're not interested in

getting coverage on your personal car and just want to legalize the car to get

it on the road then certainly a liability policy is another alternative

for you and and also a very affordable option versus getting a full coverage

policy which will not be available on rebuild car if it goes into your

personal name and even a liability policy you may have trouble finding an

insurance carrier if you're with a certain company at the moment they may

not add a rebuild title to your policy so you may want to check with your

existing insurance policy before making the purchase and call around if they do

not find insurance company and get your quote and coverage details before making

a purchase. Now the other trouble we have with

rebuilt titles is getting bank loans now most most banks will not loan money on

a rebuilt title so that's one of the reasons why rebuilt cars must be

discounted for the sale price because the audience for buying these type cars

is much smaller now the bank doesn't care if the car simply had an airbag

replaced or if the paint was damaged or if it was damaged in a hailstorm or if

the frame was broken in half. They do not want to be put at risk for some unknown

reason of that damage and they do not spend time investigating it, nor is it

easy to investigate for them. Now where can you get financing for a rebuilt

title car? There are companies that will finance rebuild title cars and I will

put some of those suggestions and recommendations on my website besides

owner financing usually people selling rebuilt cars will take a car in trade-in

especially if it has a clean title this may be a good option for you if you have

a paid off car it's older it has a clean title and you find a rebuilt it may be a

good move for you to get out of that old clunker and into a new rebuilt title car

and the seller may in fact take in your car as a trade-in

because he may just resell that for cash easier than you can because most of

these people have access to auctions and where they can run these cars through

and may have better luck than you selling the car as you know older cars

past seven years also banks do not like to finance so it would be a good trade

an older car of seven years going into a rebuilt title car. So where else can you

find money to buy a rebuilt car? There is one other opportunity that some people

may be eligible for, it may have been overlooked by your own personal

financial options, credit card companies open credit card lines for 0% interest

sometimes four twelve, eighteen, up to even 24 months and you may log in to

your credit reporting agency dot-com that you use and you may even find

advertisements extended to you for what's called a balance transfer option

at 0% that doesn't mean that you need to have another debt in order to transfer

that balance to what they will be able to do is transfer the credit line that

you're approved for into any account and that can even be your bank account

number so you can take that deposit and purchase your rebuilt vehicle with that

now this site is meant for people to take their rebuilt cars list them and

show the damage before it was repaired and this is an important detail that

cannot be neglected, we must have that photo before the car was repaired and of

course after the car has been inspected with a rebuilt title and it cannot be

repaired and still in Salvage State must pass the inspection and have that

title re-issued as a good rebuilt status in order to list onto the website

we do not list crashed cars those are for auction sites, we do not list new

cars those are for other sites, and we do not list clean title used cars this is a

specialty niche site to bring the sellers and the buyers together on

rebuilt title cars so have fun and I hope you find your perfect vehicle and

you get upgrade for those buyers and a good quick sell for the sellers thank

Thank you! This is Shawn with MyRebuilt.com

Please visit, and list your rebuilt with us for free or Featured at MyRebuilt.com