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Is Title Insurance Worth It
Warren Said:
Is it worth buying a car with a salvage title?We Answered:
In states that have salvage titles, the vehicle will always have a salvage title unless it is moved and registered in another state that does not have salvage titles.Cars with salvage titles generally are considered worth less than normal when selling or trading. However, depending on what the original damages were, and how well the repairs were done, there is no reason a repaired salvage car can't be just as good as a normal car. However, if you plan to buy one, you should get a mechanic to inspect it thoroughly before buying.
Armando Said:
Is it worth it to buy owner's title insurance?We Answered:
Can you put it in the contract that the sale is contingent upon a clear and free title instead?