How To Avoid Title Washing – Part 2
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Steve- Are there any web sites that give sales figures for previous sales of used cars,i.e., 1999 Audi A4 Quattro…sold:$4500(as apposed to NADA advising “loan” $4575…
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Astroboy reply on March 27th, 2009 :
Don,
One good way to see what a particular model is selling for is to create an Ebay account. Login and do your search on EbayMotors for the vehicle in question and then check the Completed Sales checkbox in the search. Any items with prices in GREEN have been sold at that price. I like to create a spreadsheet of these cars with mileage, options, and selling price. I then use this sheet anytime I’m looking for a used car. I think it’s better than NADA or KBB as it shows what the market will bear for a particular model. Hope this helps.
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at
Sorry but I’m not aware of any website like that Don. Perhaps someone else can share that with us.
Steve
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at
Steve- Are there any cars that was buried in water for days or flooded has a salvage titles or cars with any other type of damage or other type an accident can be issued the salvage title? Or only any cars damaged by water?
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at
Hi Eugene,
If I understand your question correctly…
Are you asking me if cars totaled for other reasons besides flooding can be issued a salvage title? If that is what you are asking me, then the answer is yes. Any car totaled by an insurance company is issued a salvage title regardless of whether it was totaled due to flooding or a car wreck or whatever.
Hope that helps. If not, please rephrase your question and ask me again.
Thanks for participating Eugene!
Steve
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at
Hi Steve,
Sorry for my language.
Yes you understand correctly.
I was ask: – Any car totaled by an insurance company is issued a salvage title regardless some road accident, not only damaged by water.
Why I ask – I like to buy car with salvage title, man say it was issued buy many years ago, car was in road accident, but not from water, road accident was may be 5-7 years ago.
Car was bought by him from Auction in US. And I try import car to Canada. I have to check can I import car like this with salvage title to Canada. Car was made in 1988.
Read your blog I found this article about salvage title and water damage. So, I decide ask you to clear this point for myself. Because if title issued by insurance company only for the water damage I not like this. If salvage title can be issued from road accident as well, this other story and it OK with me.
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at
Hi Eugene,
Yes absolutely. Cars are “totaled” by insurance companies because repairs would cost more than the car is worth, so that includes cars being in car wrecks too. In fact, I would bet that the vast majority of cars declared totaled are due to car wrecks.
Steve
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at
Hello
Is there a list of states that allow title washing? I know Mississippi is one of them.
Thanks.
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admin reply on March 27th, 2009 :
Hi Mike,
I don’t know of any list for states that allow title washing. And I really doubt any states purposely “allow title washing” but title washing happens in most states only because the DMV computer systems between states aren’t linked together so they aren’t able to share information from one state to another.
Thanks for your post!
Steve
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at
As a California automotive dealer, and certified master tech, I have rebuilt and sold over 100 salvage cars over the last 30 years. I have bought salvage cars with no damage at all- ie. theft recovery. Yeh, it’s risky stuff, but body repair is very expensive now days, and it takes very little damage to send the car to auction. ( On March 30, 2009 Copart, (the largest reseller) has started a Reseller program that allows the general public to buy cars at Copart auctions through it’s authorized dealers. Members get their own bidder number and password, and can bid & buy vehicles from their computer on virtual live auction. As of this posting, their are 13 dealers approved nationwide. There are a fair amount of rules and regulations, but it’s a legitimate way to purchase clean and salvage cars without a dealer’s license. Copart is serious about this program and will be spending over one million dollars in marketing with the NASCAR Truck series program. I have made some instruction videos on the program on my site at http://www.aaauto.com. Or you can find other resellers on Copart’s site at http://www.copart.com.
LD Hall
AAAuto.com
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at
Hi LD,
That is some really great information you have left for everyone here LD.
Thanks very much for participating!
Steve
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at
Hey thanks for alerting me to this title washing scam Steve!
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at
And to think that I almost fell for this scam myself. Thanks. Good info.
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at
For salvage cars prices look at http://www.coparthistory.com.
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at
Hey very nice blog!! Man .. Beautiful .. Amazing .. I will bookmark your blog and take the feeds also…
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at
Interesting article. Were did you got all the information from… :)
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at
Wish I lived in the USA where I could engage in some Title Washing :) Unfortunately I live in the UK and it’s impossible. Oh well, back to my roach hole.
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at
Found your site on aol and was just what i was looking for, keep it up :-)
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at
I own a 2006 cadillac dts with a michigan scrap title, former gm car. no damage, pristene condition. I want to title and drive this car but am having difficulty in Ky. Can anyone tell me how and where to get the car registered. gm sold 100`s of these car and they are on the road.
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