In North America, a salvage title is a form of vehicle title branding, which notes that the vehicle has been damaged and/or deemed a total loss by an insurance company that paid a claim on it. The criteria for determining when a salvage title is issued differ considerably by each state, province or territory.
Is it bad to buy a car with a rebuilt title?
A vehicle with a rebuilt title may even be harder to sell compared to one with a clean title. Buyers could be wary of rebuilt titles because this usually means that the car has been in a bad accident or even totaled in the past.
What is the downside of a rebuilt title?
Con: Difficult to Insure
Some insurance companies will cover rebuilt vehicles only for liability, meaning the damage you cause to other vehicles and property in an accident. Some insurers won't even provide liability coverage. That's why it's essential to shop for insurance before buying a rebuilt vehicle.