rebuildt title

Asked by jimwarrant Apr 14, 2019 at 10:15 AM about the 2004 Chevrolet Corvette Coupe RWD

Question type: Car Selling & Trading In

How much does rebuidt title reduce value?

3 Answers

2,035

With a Rebuilt Title, the value is only equal to what someone is willing to pay for it. An auction is a good place to sell it. It is assumed the vehicle was totalled out and the value was paid out to the owner in full, with the presumption the vehicle would be scrapped and destroyed. However, if you rebuild it, the value is between the buyer and seller and will vary. Avoid using book values to price the car, it's irrelevant to these cars. Contrary to popular belief.

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