::::::::::::::Salvage title blues.................................
Guest
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YAY Just got my car back from the body from the accident 
here's my question...
the title has a salvage stamp on it....
What steps do i take to get this puppy back on the road????
btw: i live in NJ

here's my question...
the title has a salvage stamp on it....
What steps do i take to get this puppy back on the road????
btw: i live in NJ
lol.
depends what happened to it.
making sure frame is within spec, replacing everything that needs replacement and then arranging it with the local DMV station to have your car inspected.
depends what happened to it.
making sure frame is within spec, replacing everything that needs replacement and then arranging it with the local DMV station to have your car inspected.
Guest
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no f(r)ame damage at all...
Car went under a truck ripped only to mid hood but busted the valvecover, thats it and ins.. co. put in as a total loss?? bought back 1500 later bam brand new..
[Modified by MUTANT X, 12:50 AM 8/19/2002]
Car went under a truck ripped only to mid hood but busted the valvecover, thats it and ins.. co. put in as a total loss?? bought back 1500 later bam brand new..
[Modified by MUTANT X, 12:50 AM 8/19/2002]
Joined: Mar 2002
Posts: 331
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From: If ignorance is bliss... I am in the happiest, place on earth.
talk to your english teacher and you'll be back on the road
Call your state highway patrol, they should be able to clue you in on what needs to be done for inspection.
later
matt
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Go to DMV. Ask for the salvage title paperwork. It's $200 in NJ to get the inspection done. For the inspection, U either need 2 before/ 2 after repair pictures, or, a copy of the sheet from the insurace company saying why the car was totalled. U also need every single receipt for the parts used to repair your car.
Good luck.
Good luck.
so your insurance company totalled it, you bought it back, and then you had it fixed? so basically you re-bought your R for the buyback+repairs and made the rest as a profit.. wow.. that's pretty good.. the only downsides being diminished value(extremely) and higher insurance rates for insuring a salvage vehicle..
if you get it cleared, the value of the car would go up considerably, i would assume.. but obviously not back up to what a car with an always clear title would be worth.. you still stand to make a heap of money off of this though, it sounds like.. that is, IF you decided to sell it..
and yeah, the state police/highway patrol is usually who handles those things.. i have heard of "washing" titles by transferring the vehicle to another state(Florida, i think) and then transferring it back..
[Modified by mstewar, 4:17 PM 8/19/2002]
if you get it cleared, the value of the car would go up considerably, i would assume.. but obviously not back up to what a car with an always clear title would be worth.. you still stand to make a heap of money off of this though, it sounds like.. that is, IF you decided to sell it..
and yeah, the state police/highway patrol is usually who handles those things.. i have heard of "washing" titles by transferring the vehicle to another state(Florida, i think) and then transferring it back..
[Modified by mstewar, 4:17 PM 8/19/2002]
You won't have a clear title. You'll have a rebuilt title. Fix it up good, and make sure it has all the factory safety stuff, etc. Then you need to talk to the DMV about getting it inspected. For god's sake, don't mess up and drive it to meet the inspector, because it's going to be someone from the DMV.
Warren
Warren
Well, the problem is that when you register a rebuilt title in another state, that next state may not carry over the rebuilt status. States are getting better about this, and if you do the smart thing and Carfax it first, it will still show up.
Warren
Warren
.. i have heard of "washing" titles by transferring the vehicle to another state(Florida, i think) and then transferring it back..
however, race cars are a whole different ball of wax. Don't know what you paid (after settlement, then out of pocket cash) but it'd make a nice track-only car if you can't work something out
the only downsides being diminished value(extremely) and higher insurance rates for insuring a salvage vehicle..
Insurance cost relies on (among other factors) the VALUE of the vehicle. For the most part it's a direct relationship; the higher the value, the higher the premium.
So if a salvaged vehicle is given a diminished value, then the insurance premium should also reflect that and be less expensive.
the only downsides being diminished value(extremely) and higher insurance rates for insuring a salvage vehicle..
Your statements just negated one another.
Insurance cost relies on (among other factors) the VALUE of the vehicle. For the most part it's a direct relationship; the higher the value, the higher the premium.
So if a salvaged vehicle is given a diminished value, then the insurance premium should also reflect that and be less expensive.
Your statements just negated one another.
Insurance cost relies on (among other factors) the VALUE of the vehicle. For the most part it's a direct relationship; the higher the value, the higher the premium.
So if a salvaged vehicle is given a diminished value, then the insurance premium should also reflect that and be less expensive.
I think it has to do with the safety of the car and the risk it has of being driven, not the current value of the car. Please correct me if I'm wrong.
I think it has to do with the safety of the car and the risk it has of being driven, not the current value of the car. Please correct me if I'm wrong.
Insuring a once salvaged title car (full coverage) is the same as a clean titled car. If a total loss occurs, you will be paid the full value (same as a clean titled car).
in NJ, after U take a salvage title car to DMV inspection, they give U a title with a little "S" on the top right, meaning that it's a rebuilt salvage. With that, you can register the car anywhere.
In Texas, I know that you're allowed to register a straight up salvaged vehicle, but that title is no good if it leaves the state.
in NJ, after U take a salvage title car to DMV inspection, they give U a title with a little "S" on the top right, meaning that it's a rebuilt salvage. With that, you can register the car anywhere.
In Texas, I know that you're allowed to register a straight up salvaged vehicle, but that title is no good if it leaves the state.
in NJ, after U take a salvage title car to DMV inspection, they give U a title with a little "S" on the top right, meaning that it's a rebuilt salvage. With that, you can register the car anywhere.
.
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the "S" is normally a stamp and no mater what, if you carfax, it will always apear...
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