All Salvage Titles Will Be Junk Parts Only Vehicles
Are you buying vehicles at Copart, IAA, or through brokers like Bidmas Auto Bid Buy? If so, be aware that insurance companies are shifting from issuing salvage titles to junk or parts-only titles. Salvage titles indicate a vehicle was totaled but can be repaired and retitled. In contrast, junk titles permanently ban the vehicle from being titled or registered again due to liability concerns.
Insurance companies prefer junk titles to avoid future lawsuits if a repaired vehicle gets into an accident. This trend means fewer salvage titles and more parts-only titles at auctions, making it crucial to verify the title type before purchasing.
For assistance with vehicle titles, visit www.cartitles.com. We can help you navigate the complexities of vehicle titles and make informed buying decisions.
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