Brand Title Document For Free

A branded title vehicle is any vehicle that has experienced an insurance incident.Even if you have the car professionally repaired and the car is as good as new, the insurance company can still have the title of your car changed from "Clean" to "Salvage". In other words, the title has been branded.

The general rule is that if a vehicle has a branded/salvaged title it has a value of about 50% of what that vehicle with a clean title would be worth.While visually the repairs may look o.k. , the integrity and safety of the vehicle can be in a compromised state.

Salvage title cars may be cheap, but buyers risk purchasing an unsafe vehicle that will be difficult to insure and resell. If the term salvage title stops you in your tracks, you're not off base. Salvage title cars attract some buyers because they're priced significantly below market.

However, branded title cars often have the following downsides: A chance to miss the signs of safety-threatening damage. Potential high repair costs. Possible complications receiving a new insurance.

If the car has been significantly compromised in any way, it will be assigned a branded title. Title branding is handled by a state agency; it can't be executed by a private party.A CARFAX Vehicle History Report can tell you whether a vehicle has a branded title or not.

A salvaged, reconstructed or otherwise clouded title has a permanent negative effect on the value of a vehicle. The industry rule of thumb is to deduct 20% to 40% of the Blue Book® Value, but salvage title vehicles really should be privately appraised on a case-by-case basis in order to determine their market value.

A branded title says the car was once declared a total loss or comes with some other major problem. Cars with branded titles have been repaired or rebuilt and sold. A branded title can mean the car was damaged in a flood, its odometer was rolled back, or it was involved in a major accident.