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Re: bidders in car auctions (archive)

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Posted by Hafez on October 12, 2001 at 22:05:47:

In Reply to: Re: bidders in car auctions posted by Merdad on October 12, 2001 at 18:34:12:

Don't let anyone fool you guys. There is ONLY one way to get a salvage title -- have an insurance co. declare the car to be an economic loss. This could be for any number of reason (flood, theft, etc.). It is, I suppose, possible to have the car's title "branded" as salvage in order to save on sales tax or import duties, but then again, you can also fix a "stuffy nose" by shooting it off of your face. The guy is trying to sell a bill of goods. I speak from experience. I have litigated a number of these claims against slimey dealers and sellers. Here in Oregon, its big business selling insurance salvage cars obtained in warmer states by telling prospective buyers that the car belonged to a rich guy who talked the insurance company into declaring it salvaged so he could get a new one. Don't let guys like this get away with it.

You are right, it is so easy to salvage a car these days with a minimal of damage. It all depends on the insurance adjustor, and if he thinks that the car is only worth $5000 and the damage is more than $3000 (60%), then it is a salvaged car. And, $3000 these days will just rapair a fender damage!! It is then up to the owner to fight them and show that the car is worth more and have them fix it.

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