What is a "Rebuilt" title?

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Originally Posted by superfastls1

Read above. I wouldn't pay more than 75% of retail. Some will say that's too high.

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Instead of retail pricing, take 25% of wholesale pricing. I would not pay more than 10k for that car - and only if you plan to keep it a while, because if you sell it, you must disclose the fact it has a rebuilt title.

eh Dan, that is light on the money, I have banks that loan 75 percent of retail on my shit. fwiw. my family has done several 100 salvage cars I have a statement of facts on EVERY car signed by the purchaser, If you sell a rebuilder with no SOF you are a fucking crook..

Statement Of Facts?

statement of facts is just what it says, it's a formal paper I use to state the repairs,previous hisory of a salvage car.