Rebuilt Title Car Isn't Bad Essay Example

Written off vehicle damages by the insurance company evaluation of repair cost concerning the before collision cost finds car owners meeting the cost to rebuild their damaged vehicles. Buying a car with a rebuilt title can save money because of the relative price difference between the original brand and the rebuilt titled brand. However, it does not necessarily mean that collecting a few coins to buy a written off the vehicle is safe because of the assumption of the magnitude of risks exposed. After car damage declared by an insurance company to totality it gets a salvage title, and when it is later repaired, it gets a rebuilt title. This paper will make a comparative analysis on the articles revolting on buying and use of restored titled cars by Griffin, Keith, and DeMuro, Doug.

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According to Griffin (2015) insurance companies are in competitive business ideological businesses founded of risk calculation philosophies. Therefore, they are in the capacity to evaluate the repair worth to estimate the probability of salvage as an avoidance strategy. Some of the rebuilt tilled cars are not competently made because of the shoddy evaluation of the damage in the wreckage to ensure the body takes the original shape but with low-quality accessories. On the other hand, DeMuro (2018) states that some insurance agencies may salvage do not necessarily mean that the vehicle is far beyond repairable conditions. In certain instances, it would be the airbag that may have been faulty, yet the rest of the car is not damaged to writing off levels. When the insurance company has a crook or an incompetent mechanic evaluating the level of the damage is not made correctly to ensure whether the cost of repair exceeds half of the vehicle true worth.

Furthermore, DeMuro states that if a car bearing a rebuilt title has no histories of a severe accident, rolled odometer, or manufacturer defect fixing should be regarded to the as clean title instead. Additionally, a totaled declaration on a car that is thoroughly ruined because of involvement in an accident and the salvage title replaced with rebuilt title places the future user or unsuspecting driver. Eventually, the vehicle turns on roadworthy increasing the likelihood of causing further damage to the road users of drivers. On this note, Griffin backs the ideas of DeMuro on the notion that rebuilt titles cars may be a good deal, especially where the documentation of the repair and the history on the condition of the vehicle gives the buyer premeditated legitimacy of proper recording of the state of the total. Griffin builds on his argument when he states that rebuilt titles are significant when the car owner wished to preserve it to its death. Otherwise, when an owner protects a restored titled car though with the capacity to buy a new car, it's easy to resell than a rebuilt title more so when the proper paperwork is not drawn.

Conclusion

In conclusion, the lines that certify or disapproves buying of rebuilt titles cars entails understanding the concepts that make or discredit their roadworthiness. The elements of Griffin and DeMuro brought the two sides of the coin on the pros and cons when buying rebuilt titled cars. The insurance company evaluation of repair cost about the before collision cost finds car owners meeting the cost to rebuild their damaged vehicles. Rebuilt titled cars can save money as compared to secondhand of the original brand causing insurance companies to totality it gets a salvage title and when it is later repaired it gets a rebuilt title. A competitive business ideological business in the insurance entrepreneurship houses the risk calculation philosophies to estimate the probability of salvage as an avoidance strategy but with low-quality accessories. When the insurance company has a crook or an incompetent mechanic evaluating the level of the damage is not made correctly to ensure whether the cost of repair exceeds half of the vehicle true worth. The salvage title replaced with rebuilt title places the future user or unsuspecting driver, especially where the documentation of the repair and the history on the condition of the vehicle gives the buyer premeditated legitimacy of proper recording of the state of the total.

Works cited

DeMuro, Doug. Buying a Used Car: What's a Rebuilt Title? Autotrader, September 2018. Retrieved from https://www.autotrader.com/car-shopping/buying-used-car-whats-rebuilt-title-236599.

Griffin, Keith. Understanding a rebuilt title and how it's a good thing: Getting a documented list of repairs has its benefits, even when purchasing a vehicle that was salvaged, July 25, 2015. Retrieved from https://www.motor1.com/features/76222/understanding-a-rebuilt-title-and-how-its-a-good-thing/