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Old 03-04-2019, 04:35 PM   #23 (permalink)
Desert Rat
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Location: Mesa, AZ
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Quote:
Originally Posted by OxZed View Post
I don't know - I think some of these are myths; or, maybe it varies from state-to-state.

I've owned at-least 15 or so "rebuilt" titled vehicles & motorcycles that I've either repaired myself or purchased them already repaired ...

- I've always had full coverage on all w/ never a questioned asked
- I've financed three, there are banks that will. In fact, my wife currently drives a 2017 Chrysler Pacifica, decked out, that I got from Copart as a recovered theft w/ 4k miles on it - we financed it via LightStream.com
- I've never had trouble w/ resale. Now, if your talking a run of the mill Buick or something - yeah, resale might be an issue. In my experience though, with desirable vehicles with desirable options, there's always a market. Will you get full retail? No. But lose thousands? Only if the repair is obviously shoddy.

All my experiences of course, and I'm aware they vary.
Guessing the interest rates you got on those loans was significantly higher.
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