Are you looking for rebuilt salvage title trucks for sale? If you are thinking about buying a truck and want to save money there are many ways you can do it. One of the ways you can save money on your next truck purchase is by purchasing a rebuilt salvage title truck. You may be wondering what a rebuilt salvage title truck is. In order to determine what that is, first we need to establish what a salvage title truck is.
What Is a Salvage Title Truck?
When a truck undergoes damage it will be assessed by the insurance company. At the point, they will decide if it is worth repairing or not. In some cases, the insurance company will decide that the cost of repairs outweighs the overall value of the truck. This is where things get tricky because there are so many variables. One of the things you will need to consider is the value of the truck. Maybe the truck was already older before being damaged. In that case, it may not take a lot of damage for the insurance company to determine it’s not worth fixing. When that happens, the truck is considered to be a total loss and usually ends up as the property of an insurance company. Because the insurance company has no use for these trucks what they will usually do is sell them via auction.
Buying a Salvage Title Truck from a Salvage Truck Auction
When you buy one of these vehicles from the auction it will come with a salvage title. A salvage title is given to a vehicle when it is declared a total loss by the insurance company. As I mentioned before, there is a long list of reasons of what could have happened to the truck for it be damaged in the first place. Of course, some of these scenarios are more serious than others. Some forms of damage will be easier to repair than others. Other forms of damage will cost much less to repair than others.
Some Common Reasons Why a Truck is Issued a Salvage Title
- Accidents. If the truck was involved in an accident and was damaged that could be the reason why it was considered a total loss.
- Hail. Sometimes hail storms can damage the exterior of a truck so severely it will be considered a total loss despite the fact the damage caused no mechanical issues.
- Floods. A very common reason you see trucks with salvage titles is that they suffered extensive flood damage
- Vandalism. Vandalism happens to trucks and depending on the severity could be significant enough to cause the truck to be considered a total loss.
Converting a Salvage Title to a Rebuilt Title
When you buy a salvage title truck usually the goal is to fix it and get it back on the road. In order to make that happen, you must have the title of the vehicle changed from salvage to rebuilt. In order to have your truck’s salvage title rebuilt it will need to be repaired, then it will need to undergo an inspection. This inspection will look to determine if the original reason for the truck being totaled has been resolved. The inspector will check to see if the truck is safe and roadworthy. If the truck has been fully repaired and it passes its inspection it will be given a rebuilt title.
Find Rebuilt Salvage Title Trucks for Sale Without The Need For Repairs
Of course, there are times when you will want to skip the repair process. Not everyone has the time to find a salvage title truck, diagnose its issues and repair them. In that case, buying a rebuilt salvage title truck may be your best bet. Many online salvage truck auction sites will give you the option to select from trucks who have their titles already rebuilt. One of these sites is Salvage Reseller. These trucks have already gone through the repair and inspection phase. Their titles are rebuilt and they are still available at huge discounts.
What Can You Do With a Truck With a Rebuilt Title?
With a rebuilt salvage title you will be able to:
- Have the truck insured
- You will be able to take the truck back on the road
- You will even be able to resell the truck if you want
Always be cautious when attempting to sell a truck with a rebuilt title. Some people may be wary or uninformed. Make sure to be clear, upfront, and to let potential buyers know the truck has a rebuilt title.
Many people look to buy repairable trucks for sale, fix them, have their titles rebuilt and resell them. When looking to find rebuilt salvage title trucks for sale, this is the process the trucks went through.
Buying and Selling Rebuilt Salvage Title Trucks
Many people look for repaired salvage trucks for sale that have already had their title rebuilt as a way to skip the repair process. Even then, rebuilt salvage title trucks can be purchased at a huge discount. In conclusion, a rebuilt salvage title truck is a truck that was damaged, given a salvage title, then repaired and inspected. Upon passing the inspection, the salvage title is changed to a rebuilt title and the truck becomes much easier to sell and insure. When looking to buy rebuilt salvage title trucks for sale one of the best resources around is a salvage truck auction.