How do salvage titles work?
A car may be issued a salvage title if it has damage that costs more to repair than its fair market value. When a car has been in an accident, stolen or weather-damaged and repairs will cost more than the vehicle is worth, the car insurance company will total it and take possession.
What to do when a dealership sells you a bad car?
You should hire an auto dealer lawyer if your car dealer sold you a bad car by lying to you….Call Our Auto Fraud Attorney to:
- Get your money back.
- Return your car to the dealer and get out of your contract.
- Keep your car, but make the dealer pay for repairs or pre-existing damage.
What happens if the dealer did not disclose a salvage title?
This means that the person is notified either in conspicuous writing or told by the employees selling the car. Any attempt to hide this information may lead to legal action. This also means that the dealership is not permitted to say they don’t know about the salvage title.
What to look for when buying a car with a salvage title?
Take a mechanic with you. An inspection of the vehicle will be critical in determining its actual performance and value. Ask for the original repair estimate from the insurance company. Get a vehicle history report.
What should you never tell a car salesman?
You’ll hear that you should never tell a salesperson that you’re head over heels for a car. Conventional wisdom says that the salesperson and sales manager will use that information to make you pay more. In my experience, things don’t play out like that.
What do you have to disclose when selling a used car?
The buyer, however, can make your life hellish with repeated phone calls asking for money, or even using social media outlets to denigrate your name. In most states you, by law, must disclose whether the vehicle has been: Salvaged. Damaged in a flood. Rebuilt.