Published On Jan 6, 2023
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90% of the time, it’s not worth it, and if you are looking for advice, then for you, it’s 100% not worth it. The way it works is that the insurance company decides that fixing the car would exceed 65-75% of the value of an uncrashed car,s and then they usually send it to auctions specializing in write-offs.
People that buy them know they won’t be able to resell rebuilt titles for the same price as uncrashed ones. So they need to fix them while still making a profit, so there is a lot of possibility of cutting corners. I am talking about missing airbags or even two cars stitched together. The worst cars are the ones that got flooded. The electric problems will never disappear, especially with newer cars requiring a gazillion sensors. Even if you get a pre-purchase inspection, it might work during that time and then a week later, you will start learning about the electrical components in your car.
Many lending institutions won’t even finance something that is rebuilt or salvaged. Honestly, stay away from those.
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