A rebuilt title is a designation given to a vehicle that was previously declared a total loss by an insurance company and issued a salvage title, but has since been repaired and deemed safe to drive. When a car is declared a total loss, it may receive a salvage title. However, if the vehicle is restored to good working condition, it may receive a rebuilt title. The criteria for determining when a salvage title is issued differ considerably by each state, province, or territory. In some states and Canadian provinces, regulations require a salvage title for stolen or vandalized vehicles which are not recovered by police within 21 days. In such cases, insurance companies declare a vehicle total loss and pay off the previous owner; but, in others, it is issued only for losses due to damage. Laws on rebuilt titles vary by location, so it is important to check the specific requirements in your state.
It is important to note that a rebuilt title can indicate that the vehicle was previously totaled due to an accident, flooding, or other significant damage. While a rebuilt title means that the vehicle has been repaired and deemed safe to drive, it is still important to thoroughly inspect the vehicle and have a trusted mechanic check it out before purchasing it. Additionally, a rebuilt title can affect the resale value of the vehicle and may make it more difficult to obtain financing or insurance.
