In looking for my Land Cruiser I've come across several trucks with rebuilt titles. Now I know what that means: vehicle gets into an accident or suffers enough damage, like a flood, to where repairs is greater than its worth, someone buys it fixes it up and then I'm guess in most states it has to go through an inspection to go from salvage title to rebuilt.
Where I'm a little fuzzy is how much of a red flag is it to a potential buyer? Not that I'm planning on flipping whatever I buy but if on the odd chance I need to resell this truck for some reason am I going to have a hard time, conversely should I even been looking at it myself? One I've seen has really low miles and is in pristine condition but they are asking the price one would pay if it wasn't rebuilt. Another I've seen and whats prompted this post is a little cheaper than similar mileage and condition vehicles but I would still want to talk them down even more to feel like it would be worth it.
I've always heard to kinda stay away from rebuilt titles but I dont know if that was more of a stigma in the past but now its not so bad assuming the price is right. I'll just add that I would never buy a flooded vehicle rebuilt or not.
Where I'm a little fuzzy is how much of a red flag is it to a potential buyer? Not that I'm planning on flipping whatever I buy but if on the odd chance I need to resell this truck for some reason am I going to have a hard time, conversely should I even been looking at it myself? One I've seen has really low miles and is in pristine condition but they are asking the price one would pay if it wasn't rebuilt. Another I've seen and whats prompted this post is a little cheaper than similar mileage and condition vehicles but I would still want to talk them down even more to feel like it would be worth it.
I've always heard to kinda stay away from rebuilt titles but I dont know if that was more of a stigma in the past but now its not so bad assuming the price is right. I'll just add that I would never buy a flooded vehicle rebuilt or not.