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Can I Buy a Flooded Car and Then Fix it to Obtain a Title in Wisconsin?

Date: 08/31/2017|Category: US States Rebuilt Title Rules

It’s easy to get caught up in a sense of identity surrounding the car you drive. You spend a lot of time in it, and it may be one of the first things people notice about you. But cars are expensive, which means many people have to choose between driving the car of their dreams and paying the mortgage. A used car is one way to save money on a car in Wisconsin, but it’s not the only way. Salvage car dealers frequently offer flooded cars for sale. These cars can be a good investment, a chance to rebuild a car …

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Can I Buy a Flooded Car and Then Fix it to Obtain a Title in West Virginia?

Date: 08/31/2017|Category: US States Rebuilt Title Rules

West Virginia is home to beautiful scenery, along with the tumultuous weather patterns that often accompany such scenery. This means that thousands of flooded cars are available for sale in the state, and some flooded cars have even made their way into other states. Under West Virginia law, a dealer, whether private or part of a large dealership, must tell buyers if a car has previously been flooded. Because the state does not maintain a flooded car registry and because there is no special title for flooded cars, however, it can be difficult to track which cars have been flooded. Purchasers …

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Can I Buy a Flooded Car and Then Fix it to Obtain a Title in Pennsylvania?

Date: 08/29/2017|Category: US States Rebuilt Title Rules

Pennsylvania is home to a thriving used car market, with numerous appealing options available to motivated buyers and sellers. To those who can’t afford full price on a used car, or who don’t wish to finance a vehicle, there’s another option: salvage and flooded vehicles. These cars won’t go for full price, but they’re also often available at a steep discount. If you’re intelligent with your purchases, understand the law, and know a little bit about what buyers are seeking, you can score an amazing deal on a flooded Pennsylvania vehicle, fix it up, then resell it for a tidy profit. Flooded …

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Can I Buy a Flooded Car and Then Fix it to Obtain a Title in South Dakota?

Date: 08/29/2017|Category: US States Rebuilt Title Rules

When you picture yourself driving down the open road, the wind in your hair and the sun at your back, you probably don’t also picture an avalanche of debt slowly and steadily weighing you down. But for most Americans, that’s precisely what purchasing a new car means. Even used cars can carry hefty price tags, and paying in cash is out of reach for most people. So how can you save on a South Dakota car purchase? Flood cars might be an option. These cars need significant repairs. But if you’re willing to put in the work, you could have a …

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Can I Buy a Flooded Car and Then Fix it to Obtain a Title in Ohio?

Date: 08/25/2017|Category: US States Rebuilt Title Rules

Salvage cars are abundant in Ohio, thanks in part to the state’s idiosyncratic salvage car rules. If you’re in the market for a used car, or looking to make a quick buck, a salvage car offers significant benefits, including steep discounts below the price of similar used cars. So should you buy a flooded car in Ohio? Maybe. It depends on how much work you’re willing to do, how much you understand about the process, and whether you’re able to get a flood car that’s truly a good deal—not one that just deceptively appears to be so. What You Need to …

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  • Auction Process
    • Do you offer live bidding?
    • What is the difference between, “auction” car, and a “buy now” car?
    • What is a Reserve Price?
    • What does the bid amount include?
    • How does the auction process work?
  • Deposits and Pre-Bidding
    • Is the security deposit refundable?
    • How do international customers make a deposit in their account?
    • How does the security deposit process work?
    • Can I cancel a bid?
    • Can I inspect vehicles prior to auction?
    • Is automatic bidding or pre-bidding available?
    • What is the total bidding amount?
    • What is a bid in active status?
    • What is a bid in pending status?
    • What is the best way to win an auction?
    • How do I search for a car available at auction?
    • How does the auction process work?
  • Post-Auction and Payments
    • What does a customer need to do to get the title to a vehicle?
    • How do I pick up the car I purchased?
    • Are there storage fees if I cannot pick up my vehicle immediately?
    • Do you Issue Temporary Plates?
    • Can I pay in cash?
    • Are there late payment penalties?
    • What are the payment terms?
    • How do I pay for an auction?
    • What if I fail to may a payment as required?
    • When is the balance due on a purchase?
    • When will I be notified of the results of the auction?
    • Bidding has ended. Is my bid the highest?
    • Why did I receive notice after bidding ended that my bid is no longer the highest?
  • Shipping and Delivery
    • How will it be mailed to me?
    • When will I receive the title?
    • Can I have the title mailed to an address/name different from the address/name on my account?
    • I have an agent working on my behalf can this person pick up my vehicle?
    • Do you offer delivery?
    • When can I pick up a car I have won at auction?
  • Understanding Salvage Titles
    • What is NMVTIS and how is it used?
    • Understanding the salvage title/rebuilt title distinction
    • What are the different types of titles a vehicle may have?
    • I received a different type of title than the one in the description. I received an equivalent title from a different state. Why?
  • User Registration
    • What are the rules regarding new customers and customers not in good standing?
    • Can I just buy one car?
    • I do not have a dealer license; can I bid or buy a car?
    • What information do I need to provide to register?
    • Do I have to pay to register?
    • Do I need to register to bid?