IF I could get my State DMV to accept the rebuilt Title..

IF I didn't care if I lost big money by selling it.

IF I intended on keeping the car till death do us part.

IF it was priced accordingly.

IF I COULD GET QUALITY INSURANCE AT A REASONABLE PRICE.

IF it was my favorite body style.

Yes I would buy it unless I could wait to get a similar car with a "good title".

 

You could buy a 69 like that, dump a bucket of money in it, and sell it at BJ for $150,000 then have a missing VIN, and lose the sale.

 

I don't remember rebuilt titles in the 70's?

 

 

This is a very good point.
Almost 20 years ago I bought a very nice Olds 442 convertible with a salvage title from my neighbor. It had had a carb fire some years earlier, burned a bit of the wiring and vacuum lines under the hood and a 2 foot circle of paint on top of the hood. The value was low enough at the time, insurance wrote it off. My neighbor got the pay out, bought the car back and repaired it, then drove it again for years until I bought it. I kept it a few years and sold it at one of the Silver Auctions in Phoenix. Car was a very strong draw. Claimed the salvage title with an explanation of the reason, car brought top dollar.


Now, while I wouldn't want to buy a Corvette that's been rear-ended at 90 miles an hour by a loaded garbage truck, and slammed onto the railroad tracks where it burst into flames and got hit again by a speeding locomotive that knocked it off a bridge to fall 200 feet into salt water, where it sat for 12 years before being restored, I wouldn't be afraid to buy a C3 with a salvage title. A little due diligence up front goes a long way.

 

Just another quick word, as to your comparison. Starting a rebuild, with a clean title, gives the restorer the advantage to spend more on the vehicle, with the likelihood that the money WILL/MIGHT be returned on resale. Now the blemished title.......not so easy. Most rebuilt cars are inspected as far as can be seen by the inspector, do you think they measure a frame for accuracy??? NOT

Have a great day 540

 

I kind of agree with you as long as the "rebuiltness" (new word invented) is reflected in the price of the car. There is one exception though; that being flood cars. With a car that has been flooded, there can be issues cropping up for years to come, regardless of how good the rebuilder are. This is especially true with hurricane cars which may have been exposed to salt water. But even flood cars that have not been exposed to salt water can be exposed to a toxic mix of chemicals, sewage, hydrocarbons, etc. I know this because some of my family in Southeast Texas recently lost their houses and cars to a flood. The stench was overwelming and the sewage plant (which overflowed) caused sewage to flow everywhere. So no, I would not buy a flood car.

 

you find the majority here would pass, because they are informed corvette buyers.
however poll the general public, and half of them would not know the difference or care.
me personally i would not touch it without clear title.

 

Actually the reason that a rebuilt title wouldnt bother me depending of course on the car itself is because i am "informed".

A state rebuilt title is "clear" a title can be blemished as in "rebuilt" and still clear as in good and legal,

I do my homework and research and dont hate things just because i do not undertand them or follow myths,

Sure i called my dmv and insurance before buying my rebuilt fiero, i like facts not jaded, uninformed hearsay.

Never will i say a c3 with a rebuilt title is good for 100%
Of would be corvette owners because they are not, and i would never push them on anyone,
But they do fit in well for some,

Any restro mod or stock restoration was likely done on a car that needed to be brought up to par, old worn out 40 plus yo cars have their inherent issues some people do not like, like worn out suspensions so they wonder all over the road, tired engines, ratty paint bolted on junk, etc.

The idea a rebuilt title car in junk because its not going to be worth as much as its unblemished title courterpart is flawed because it was way cheaper to buy it evens out, for guys like me who do not intend to sell its a moot point.

If the rebuilt title idea upsets a person then its easy, they shouldnt buy such a car.

 

Yeah, I`m not a big fan of the DMV sillyness. I`m STILL very bummed out about the 1931 Chevy. I would`ve LOVED to keep that car. The ONLY bright side is we got the Vette instead.
To the OP..... as you`ve read in some of the above responses.... RESEARCH the vehicle, CHECK with your DMV about these type of titles, THEN decide if you want to buy it.

 

OK so tell me about Florida, if I move to FL can I not bring my Alabama Non-Title State 65 Corvette to Florida and title it?

 

Details? What year ETC.

 

No reason to assume if it was rebuilt, passed a state inspection, the car would be a POS. No idea what drives the mean spirited remarks from some... What's gained?

I'd expect a discounted price given the stigma. Could be a great driver for much less $$.

 

If you have the tag and registration in your name fl will then issue you a tag and title, the vin will be the cars factory vin or whatever vin you have it registered as,
They will want to see that vin because you are first time there and out of state,
If the cars not registered in your name there save a huge headache and do so before you move,

 

Damn.. didn't mean to start a war.. Was just looking for info

 

Yes, if it`s tagged & registered in your name, you should be OK. But FL has been hard on `Bama because too many title outfits were taking your old car VIN without a title, and more or less "buying" your car, registering it in Alabama, the "re-selling" it to you so you could get a FL title. The car never left your garage of course, just paperwork, and the fee you paid to those title companies.

"Just kids having fun"
(Crocodile Dundee, after chasing off hoods with a knife)

 

Here's the listing for the Rebuilt title Vette
https://elmira.craigslist.org/cto/6443185340.html

 

Thanks, yes my car is registered and tagged in my name.

 

I would not have a problem owning that car with a salvage title but I would have a problem paying $8500 for that car with a salvage title.

 

In Minnesota if the car is totaled by the insurance company and you buy it back, the insurance company or the state never get to touch the title. If you have the title, it will stay clean, so in Minnesota you could end up with a repaired car with a clean title. I'm sure there are probably other states that do the same.

Cars can get totaled for some pretty minor stuff sometimes. Sometimes it's bad and they shouldn't be repaired, just junked out. It's a case of buyer beware on salvage titles. You need to do your due diligence and find out why it was totaled and how it was repaired.

How many of these cars were totaled before salvage titles came to be? I bet a lot of them have had repairs that would constitute a salvage title today.

Mike