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Learn About Title Brands And Say Goodbye To Guesswork - Autos (104) - Nairaland

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Re: Learn About Title Brands And Say Goodbye To Guesswork by Export1: 1:25pm On Mar 06, 2017
Replica Title
A vehicle receives a replica title when:
It has been constructed from components of different vehicles and was not made by a licensed manufacturer.
It was built from a kit.
OR
It was built using fabricated parts for major vehicle components to resemble a similar make or model of a car or truck.
Re: Learn About Title Brands And Say Goodbye To Guesswork by Export1: 3:22pm On Mar 06, 2017
New Vehicle Title
Once a new vehicle is purchased, the state will issue a title to show proof of ownership. Each titled vehicle is issued a number that is transferred when the vehicle is sold.
Re: Learn About Title Brands And Say Goodbye To Guesswork by Export1: 3:26pm On Mar 06, 2017
Warranty Returned Title
Also commonly referred to as a lemon title, a warranty returned title is given because of repeated mechanical issues or repairs while the vehicle is still under the manufacturer's warranty.
Re: Learn About Title Brands And Say Goodbye To Guesswork by Export1: 2:34pm On Mar 07, 2017
Bill of Sale Form
You will likely need a bill of sale form whenever you buy a vehicle from, or sell one to, another person.

https://www.auctionexport.com/en/Inventory
Re: Learn About Title Brands And Say Goodbye To Guesswork by Export1: 2:34pm On Mar 07, 2017
Water Damage Title
A vehicle is branded with a water damage title when excessive repairs are needed because of natural disasters such as thunderstorms, hurricanes, and flash floods. If the cost of repairs exceeds the worth of the vehicle, this title is usually designated.

https://www.auctionexport.com/en/Inventory
Re: Learn About Title Brands And Say Goodbye To Guesswork by Export1: 2:44pm On Mar 07, 2017
Warranty Returned Title
Also commonly referred to as a lemon title, a warranty returned title is given because of repeated mechanical issues or repairs while the vehicle is still under the manufacturer's warranty
Re: Learn About Title Brands And Say Goodbye To Guesswork by Export1: 2:45pm On Mar 07, 2017
New Vehicle Title
Once a new vehicle is purchased, the state will issue a title to show proof of ownership. Each titled vehicle is issued a number that is transferred when the vehicle is sold.
Re: Learn About Title Brands And Say Goodbye To Guesswork by Export1: 4:07pm On Mar 07, 2017
Specially Constructed Title
When a vehicle is not originally constructed by a recognized manufacturer, it will be branded with a specially constructed title. Vehicles with this title may have been made at home. How you apply for a specially constructed title varies according to state.
Some examples include:
Homemade trailers.
Tractors.
Instances in which parts have been combined.
Example: A car that's rebuilt with a Chevrolet frame and a Ford body.
Re: Learn About Title Brands And Say Goodbye To Guesswork by Export1: 11:03am On Mar 08, 2017
A branded title is an official designation assigned to associate a particular history with a vehicle. The branding system is run by state agencies and was put in place to warn potential owners about damage or other alterations to a vehicle that they might otherwise have been unaware of.
Re: Learn About Title Brands And Say Goodbye To Guesswork by Export1: 11:04am On Mar 08, 2017
Bonded Title
During the process of obtaining a title for a vehicle, a bonded title may be given when there is no proof of ownership. Once a vehicle is given a bonded title, it will maintain this designation for up to 3 years or once the vehicle is transferred to a different state.
Re: Learn About Title Brands And Say Goodbye To Guesswork by Export1: 5:23pm On Mar 08, 2017
Original Taxi or Prior Taxi Title
A taxi title is given to vehicles whose determined primary use is or used to be “for hire." Taxi titled vehicles are branded as such because usually they are high mileage and driven excessively in short periods of time.
Re: Learn About Title Brands And Say Goodbye To Guesswork by Export1: 5:23pm On Mar 08, 2017
Replica Title
A vehicle receives a replica title when:
It has been constructed from components of different vehicles and was not made by a licensed manufacturer.
It was built from a kit.
OR
It was built using fabricated parts for major vehicle components to resemble a similar make or model of a car or truck.
Re: Learn About Title Brands And Say Goodbye To Guesswork by Export1: 5:31pm On Mar 08, 2017
Original Taxi or Prior Taxi Title
A taxi title is given to vehicles whose determined primary use is or used to be “for hire." Taxi titled vehicles are branded as such because usually they are high mileage and driven excessively in short periods of time.
Re: Learn About Title Brands And Say Goodbye To Guesswork by Export1: 7:18pm On Mar 09, 2017
Accident or Vehicle Damage
Reported accidents or damage events are a result of vehicle collisions or other non-collision incidents such as vandalism or theft. Not all accidents or damage events are reported to AutoCheck. Certain accident or damage events are reported by the source to have resulted in minor, moderate or severe damage to the vehicle, or the events are calculated by AutoCheck to have resulted in minor, moderate or severe damage based on the information reported. It is recommended to have pre-owned vehicles inspected by a third party prior to purchase

http://www.autocheck.com/vehiclehistory/autocheck/en/glossary
Re: Learn About Title Brands And Say Goodbye To Guesswork by Export1: 7:18pm On Mar 09, 2017
Assignment
The transfer of a property claim, property right, or property interest from one person or entity to another.

http://www.autocheck.com/vehiclehistory/autocheck/en/glossary
Re: Learn About Title Brands And Say Goodbye To Guesswork by Export1: 9:23pm On Mar 09, 2017
Auction Announced as Broken Odometer
A wholesale Auto Auction has reported that the odometer is not functioning properly or no longer accurately records the distance that the car has traveled.

http://www.autocheck.com/vehiclehistory/autocheck/en/glossary
Re: Learn About Title Brands And Say Goodbye To Guesswork by Export1: 9:24pm On Mar 09, 2017
Auction Announced as Exceeds Mechanical Limits
A wholesale Auto Auction has reported that the actual mileage/kilometers is greater than the odometer allows to be recorded. This commonly occurs with vehicles that have five-digit odometers that have exceeded 99,999 miles.

http://www.autocheck.com/vehiclehistory/autocheck/en/glossary
Re: Learn About Title Brands And Say Goodbye To Guesswork by Export1: 11:00pm On Mar 09, 2017
Auction Announced as Flood Damage
A wholesale Auto Auction has reported that a flood has damaged the vehicle. The vehicle was involved in a flood or may have endured water damage.

http://www.autocheck.com/vehiclehistory/autocheck/en/glossary
Re: Learn About Title Brands And Say Goodbye To Guesswork by Export1: 11:30am On Mar 10, 2017
Auction Announced as Repossessed
A wholesale Auto Auction has reported that the loan/lien holder has repossessed the vehicle.

http://www.autocheck.com/vehiclehistory/autocheck/en/glossary
Re: Learn About Title Brands And Say Goodbye To Guesswork by Export1: 11:31am On Mar 10, 2017
Auto Auctions - Wholesale

AutoCheck gets data from auto auctions -- companies that act as vehicle clearinghouses and help you get the vehicle you want by providing retail dealers with cars and trucks that sell best at their store. A vehicle that has been through one or more auctions simply is being moved from one market to another, and does not reflect the overall condition of the vehicle.

http://www.autocheck.com/vehiclehistory/autocheck/en/glossary
Re: Learn About Title Brands And Say Goodbye To Guesswork by Export1: 3:37pm On Mar 10, 2017
AutoCheck Score®
The AutoCheck Score is a numerical rating that allows you to quickly and easily evaluate all of the vehicle's history data in one convenient score. The AutoCheck Score helps you assess a vehicle’s predicted reliability and compare it to similar cars in its class. The information helps to:
Compare vehicles of similar class and age based on a scale of 1 to 100
Predict the reliability that your car will be on the road in 5 years
Understand a vehicle’s reliability as it pertains to vehicle age, number of owners, accidents and other factors
Lower the risk of buying a vehicle with undetected problems

http://www.autocheck.com/vehiclehistory/autocheck/en/glossary
Re: Learn About Title Brands And Say Goodbye To Guesswork by Export1: 3:37pm On Mar 10, 2017
Brands or Branded
Words or symbols on the vehicle's official title issued by the state DMV that signify the vehicle's status or condition. Examples of brands include, junked, salvaged, lemon, rebuilt or reconstructed vehicles; flood, hail, or fire damaged vehicles; totaled vehicles; vehicles with odometers that have been rolled back or exceed mechanical limits; stolen or abandoned vehicles.
Re: Learn About Title Brands And Say Goodbye To Guesswork by Export1: 5:24pm On Mar 10, 2017
Calculated Accidents
Experian receives reported accident/damage information from a number of sources. Sometimes more than one source reports the same incident, which may have different event dates, case numbers or event locations. Other events do not have a date reported and could have happened at any point in the vehicle's history. AutoCheck calculates the number of accidents or damage events, so a report might show two or more reported accident or damage records for the same event. Not all accidents or damage events are reported to AutoCheck. It is recommended to have pre-owned vehicles inspected by a third party prior to purchase. http://www.autocheck.com/vehiclehistory/autocheck/en/glossary
Re: Learn About Title Brands And Say Goodbye To Guesswork by Export1: 2:32pm On Mar 13, 2017
Corrected Title
The State DMV has issued a corrected title for the vehicle. Corrected title is defined differently depending on the state. In some states, a corrected title will be issued for removing or adding an owner’s name due to divorce, death or marriage. In other states, details about the vehicle, such as incorrect odometer readings, can result in a corrected title being issued. A corrected title can also be issued when a lien is placed on the vehicle’s title. http://www.autocheck.com/vehiclehistory/autocheck/en/glossary
Re: Learn About Title Brands And Say Goodbye To Guesswork by Export1: 2:33pm On Mar 13, 2017
DMVs
These are state agencies such as Departments of Motor Vehicles and Bureaus of Motor Vehicles. They typically issue vehicle titles and registrations, and handle individual driver's licenses. http://www.autocheck.com/vehiclehistory/autocheck/en/glossary
Re: Learn About Title Brands And Say Goodbye To Guesswork by Export1: 4:17pm On Mar 13, 2017
Emission/Safety Inspection
An approved emission testing station has inspected the vehicle to measure the amount of pollutants the vehicle emits into the environment.

http://www.autocheck.com/vehiclehistory/autocheck/en/glossary
Re: Learn About Title Brands And Say Goodbye To Guesswork by Export1: 4:17pm On Mar 13, 2017
Excluded / Exempt
States may exempt the requirement to report mileage on the title (normal/mandatory odometer law) for the following reasons:
Vehicle model year is 10 years or older
Gross weight of vehicle over 16000 lbs.
Vehicle is titled to the manufacturer

http://www.autocheck.com/vehiclehistory/autocheck/en/glossary
Re: Learn About Title Brands And Say Goodbye To Guesswork by Export1: 5:06pm On Mar 13, 2017
Failed Safety Inspection
The vehicle failed to pass a state safety inspection.

http://www.autocheck.com/vehiclehistory/autocheck/en/glossary
Re: Learn About Title Brands And Say Goodbye To Guesswork by Export1: 11:59am On Mar 14, 2017
Fire Damage
The vehicle has sustained damage due to a fire, and a title brand has been issued by the state. This displays in the Title and ProblemCheck section of AutoCheck. http://www.autocheck.com/vehiclehistory/autocheck/en/glossary
Re: Learn About Title Brands And Say Goodbye To Guesswork by Export1: 11:59am On Mar 14, 2017
Fire Damage Incident
A fire damage incident has been reported by an independent source for the vehicle. This displays in the Vehicle Use and EventCheck section of AutoCheck.http://www.autocheck.com/vehiclehistory/autocheck/en/glossary
Re: Learn About Title Brands And Say Goodbye To Guesswork by Export1: 1:53pm On Mar 14, 2017
Fleet, Rental and/or Lease Use
The vehicle has been reported as used as a fleet, rental and/or lease vehicle.

http://www.autocheck.com/vehiclehistory/autocheck/en/glossary
Re: Learn About Title Brands And Say Goodbye To Guesswork by Export1: 1:53pm On Mar 14, 2017
Government Use
The vehicle was used by a government agency.

http://www.autocheck.com/vehiclehistory/autocheck/en/glossary

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