The term in itself is misleading. A clean title means that there are no liens against the vehicle but it means more than that.
Branded Titles Car Specialists Prestman Auto In Salt Lake
What does dealer only clean title mean. Insurance companies will insure a vehicle with a clean title for the amount of its value. Unfortunately the lot like 5 miles from my house has a neat 1988 mighty max. A clean title means that the car title has not been branded. This means the current owner borrowed money to pay for them and didnt repay the total amount of the loan. In this article well take a look at the meanings of salvage title clean title and totaled cars. It is also called marketable title or title that can be easily transferred or sold because of its lack of encumbrances.
The phrase implies that ownership is not subject to claims by anyone but the person holding title. A brand new vehicle has a clean title and most pre owned vehicles that can be driven safely and are insurable. With sufficient business licenses on file with copart however any buyer can purchase clean title vehicles. Who can buy clean title vehicles. With a clean title a car might carry the balance of its new car warranty and has slightly higher resale value. In the section for brands on the title it will be empty.
So i made the mistake of perusing copart while bored one day. Clean title vehicles may be of special interest specifically to public buyers or dealers. A car with a clean title simply indicates that it has never been deemed a total loss otherwise known as a salvage car. What a clean title actually means. If you dont have business licenses you can still buy clean title vehicles directly through our website as long as youre buying an item located in select states. A clean title is one you would receive in most cases when you purchase a vehicle.
I mean look at it. The key is to know what the clean title looks like in your state. Unencumbered or unrestricted legal ownership that is free from doubt as to its validity. Unfortunately dealer only anyone know someone in north carolina with a dealer license. Then when you are car shopping ask to see the title to the car you are buying before you agree on a price or agree to buy the car. That doesnt necessarily mean the car is free of problems only that it has never been declared a total loss by an insurance company or found to be flood or fire damaged.
Verify your purchasing ability with the state licensing overview.
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