Should I buy a rebuilt title vehicle?

SWEET!! You've been shopping for awhile now, in search for that perfect and affordable car, and you think you found it! The price is way lower than KBB! You call the contact listed and you ask all the general questions. But then you ask, " Why is the price way lower than KBB?" Then you hear,"Um, it has a rebuilt title."

So now you want to know why, where, how, and who, like a criminal detective. So i will help you. When you hear those words, there is no need for panic. They can be an awesome deal, or not. It all depends how you go about it.

1. First thing to do is get the VIN number, and check it out on a vehicle history website. That will give you facts for just about all you need to know. Check if the speedometer hasn't been rolled back, how many owners it's had, and when and why it got the rebuilt title to begin with.
2. Go see the car for yourself. If you have no knowledge about cars, take a friend who does, or take it to a trusted repair shop; Not a dealership! Dealers sometimes add services or parts needed to make a buck off you. Don't get me wrong, repair shops might too, but they don't have as much parts or services to sell to you as dealers do. Find out what was hit, what was replaced, and if they are OEM parts, meaning the manufacturer made them. Don't trust what the owner says about the damage. Ask for pictures also if available, and any receipts. They should have receipts though, because in some states you have to get the vehicle inspected and provide proof that you didn't steal those parts.

Now decide! Is the car reliable and safe? Did it get painted and repaired professionally? Also you can ALWAYS negotiate the price to an even lower price, I guarantee you.

Now some banks wont give you a loan for a rebuilt title, so you have to do some research. Usually credit unions will work with you, and some banks too. Keep in mind auto insurance companies usually pay a certain percentage of the vehicles value if you file a claim. 30% is usually deducted from the whole vale of the vehicle when the total compensation is being evaluated. But the cheap price you paid for it should compensate for that.

Now when you see that it has a rebuilt title, you will know exactly what to do, and get an awesome deal perhaps!

(The author has bought these cars for his whole life, and even currently has rebuilt title vehicles that he owns)