Firsttexan
Well-Known Member
The car has already been repaired.Hello; On top of maybe not getting a loan there can be issues with insurance. I think you can get liability Ok but may not be able to get collision.
I also spoke to my County Clerk a few years ago and there are some vehicles they may not give road tags to and may not title. Odd thing was i was making a deal for a 1965 mustang out of Georgia without a title.
The not having a title was not an issue. Tennessee will accept a bill of sale for some older cars out of Georgia. The main reason the deal feel thru was the vin plate was messed up and hard to read. There were also some other issues so I walked away.
I have a friend who has bought several salvage cars. They have generally run OK but all have had nagging issues from day one.
The last thing is just what you as a prospective buyer are going thru. Should you decide to sell that salvage title will be an issue. Even if you get it fixed up real nice that will always be an issue. May be best to think of it as a keep forever car, that is basically what my friend does. He winds up spending more to keep his salvage cars on the road than one with a clean title. It is like he will not take a hit on the price when selling one so keeps spending money to keep them going.
But good luck with whatever you do
I have bought multiple salvage cars in Texas. Never had any trouble insuring .
That can surely vary from state to state.
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