A car with a reconditioned title is usually one that has been in an accident or other serious incident that resulted in the car being classified as a total loss by an insurer. Some states call this a "salvage" title.Know More
Not all cars with a reconditioned title have been damaged, however. In some states, insurers classify recovered stolen cars as reconditioned if the owner has been compensated, whether the car is damaged or not. Additionally, many classic cars that have been extensively rebuilt have a reconditioned title.
In order for a car to get a reconditioned title, it must pass a safety inspection before it is road-legal. Most states also require dealers to disclose whether a used car they are selling is a reconditioned car.Learn more about Buying & Selling
Although the title is a key piece of legal documentation in the sale of a vehicle, it is possible to legally purchase a car without a title. However, anyone planning on buying a car without a title needs to conduct due diligence to ensure that the vehicle is not stolen and to acquire a replacement title upon purchase.Full Answer >
To sell a car in Texas, you must have car insurance and submit a bill of sale, the original title and a transfer notification form to the Texas Department of Transportation. You must also notify the DOT and your insurance company of the consummation of the sale.Full Answer >
A bonded car title is a document that proves vehicle ownership. It can often be used instead of a standard vehicle title. A bonded car title is issued if the car owner has no proof of ownership when applying for a vehicle title.Full Answer >
In most states, a car can be scrapped without the title, as long as the owner has a valid driver's license and proof he owns the car, such as the car's registration. The information required to scrap a car varies based on the company that is scrapping it.Full Answer >