Get Va Les 022a 2003-2025

Pros & Cons: Should I Buy a Car With a Rebuilt Title? Lower price. Typically, the only attractive characteristic of a car with a rebuilt title is its lower price. ... Lower value. ... Rebuilt cars are more difficult to insure. ... It's harder to get a loan for a rebuilt car. ... A rebuilt title car's warranty Is typically voided.

"Salvage vehicle" means (i) any late model vehicle that has been (a) acquired by an insurance company as a part of the claims process other than a stolen vehicle or (b) damaged as a result of collision, fire, flood, accident, trespass, or any other occurrence to such an extent that its estimated cost of repair, ...

§ 46.2-1602. 4. For any person to sell a rebuilt vehicle without first having disclosed the fact that the vehicle is a rebuilt vehicle to the buyer in writing on a form prescribed by the Commissioner.

A vehicle with a salvage title is one that's been declared a total loss, and you can't drive it on public roads. Therefore, you can't purchase insurance for one. However, once you refurbish the salvage car and it qualifies for a rebuilt title, it can be insured, registered, driven, and sold.

If you own a reconstructed vehicle, specially constructed vehicle or replica vehicle (see definitions) you must get a certificate of title and registration for the vehicle before operating it on any highway. All liens held against the vehicle must be on the Virginia title.

In Virginia when your car is declared a total loss, the insurance company is required to replace the vehicle (if you have that type of coverage) or must pay the fair market value of the vehicle, less any deductible.

Although insurance companies in Virginia won't insure a car with a current salvage title, you can get coverage if you have the vehicle repaired and inspected by a state-certified mechanic. If it's declared safe to drive, the DMV will issue the car a rebuilt title.

A vehicle that is declared salvage cannot be operated on the highways of the Commonwealth and may not be registered as long as there is an active salvage certificate. A salvage certificate may be used for reassignment to a licensed rebuilder if the vehicle is to be rebuilt.

To schedule a rebuilt vehicle examination, mail DMV the following: The original Virginia salvage certificate in your name. An original Request for Examination of Rebuilt Salvage Vehicle. The $125 examination fee. The $15 substitute title fee.