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Learn About Title Brands And Say Goodbye To Guesswork - Autos (118) - Nairaland

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Re: Learn About Title Brands And Say Goodbye To Guesswork by Export1: 12:44pm On Jul 18, 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: 1:50pm On Jul 18, 2017
Corrected Title

Used in some but not all states, corrected titles may be given to remove or add an owner's name to a title. Reasons a[b] corrected title[/b] may be needed include marriage, divorce, or death.

Less common reasons include vehicle liens or incorrect odometer readings.
Re: Learn About Title Brands And Say Goodbye To Guesswork by Export1: 2:51pm On Jul 18, 2017
Dismantled Title

A vehicle may be given a dismantled title when:

It suffers damages to one or more of the major components, and the cost to repair the vehicle is more than the market value.

In most cases, the vehicle isn't allowed to be retitled or cannot be put into use by another owner because of safety concerns.
Re: Learn About Title Brands And Say Goodbye To Guesswork by Export1: 4:49pm On Jul 18, 2017
Hail Damage Title

This title is designated when:

A vehicle suffers extreme damage caused by hail, AND Repairs cost more than the worth of the vehicle

OR

Safe operation is no longer guaranteed.
Re: Learn About Title Brands And Say Goodbye To Guesswork by Export1: 5:23pm On Jul 18, 2017
Junk Title

Treated as or named a salvaged title in some states, a junk title is issued when a vehicle is determined to be unsafe for road use.
Though dependent on your state of residence, it is common for a vehicle to branded with a junk title if the cost to repair damages exceeds 75% of the vehicle's worth.

Once branded as junk, the title cannot be changed or reissued with a new designation.
Re: Learn About Title Brands And Say Goodbye To Guesswork by Export1: 8:15am On Jul 19, 2017
Non-USA Title

If a vehicle was not originally manufactured in the United States or if it was used outside the country for a period of time, it will be given a non-USA title once it has been converted to meet state standards. Also commonly referred to as a gray market title.
Re: Learn About Title Brands And Say Goodbye To Guesswork by Export1: 9:15am On Jul 19, 2017
Not Actual Mileage Title

A “Not Actual Mileage" title is issued when the owner states that the odometer may not reflect the actual mile mileage of the vehicle.
Common reasons an owner may report a false odometer reading include:
Possible tampering.
Damage.
Odometer replacement.

Failure to report a false odometer reading as stated in the Federal Odometer Law may result in civil liability or criminal charges.
Re: Learn About Title Brands And Say Goodbye To Guesswork by Export1: 10:18am On Jul 19, 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: 12:28pm On Jul 19, 2017
Original Police or Prior Police Title

Prior police titles are given when any vehicle currently or previously used for law enforcement.
Similar to taxi titles, police titles are designated due to high mileage and/or excessive driving within short periods of time.
Re: Learn About Title Brands And Say Goodbye To Guesswork by Export1: 1:45pm On Jul 19, 2017
Rebuilt or Reconstructed Title

Your vehicle will receive a rebuilt or reconstructed title if it has been severely damaged but restored to safe working order.

Reconstructed vehicles often lose the original identity because the parts used during the rebuilding process are taken from several different make and model vehicles.

Note that most states require a vehicle inspection before a rebuilt vehicle can receive a title and return to the road.
Re: Learn About Title Brands And Say Goodbye To Guesswork by Export1: 7:39am On Jul 20, 2017
Is a rebuilt title the same as a salvage title?

If a car has been in an accident and is declared totaled (a total loss due to accident damage) by an insurance company, it's clean title is replaced with a salvage one. ... In most cases, a rebuilt title is only provided after the car has been fixed and inspected by the state or jurisdiction that issues titles.
Re: Learn About Title Brands And Say Goodbye To Guesswork by Export1: 8:10am On Jul 20, 2017
Can you get insurance on a car with a salvage title?

A salvage auto may be harder to insure, but you still can -- and should -- get the right insurance policy. In short, yes: You can insure a car that has a salvage title. But don't expect the full meal deal. Most insurance companies offer liability insurance on salvage titles.
Re: Learn About Title Brands And Say Goodbye To Guesswork by Export1: 10:09am On Jul 20, 2017
Reconditioned Title

Similar to a reconstructed title, a reconditioned title is usually given when a vehicle is restored. This is common for older, classic, or vintage cars and trucks.
Re: Learn About Title Brands And Say Goodbye To Guesswork by Export1: 1:42pm On Jul 20, 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: 2:43pm On Jul 20, 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: 8:55am On Jul 21, 2017
A "rebuilt title" is placed upon a rebuilt or reconstructed vehicle that previously was a salvage vehicle but has now been repaired and restored to operation.
Re: Learn About Title Brands And Say Goodbye To Guesswork by Export1: 9:54am On Jul 21, 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: 11:21am On Jul 21, 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: 12:13pm On Jul 21, 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.
Re: Learn About Title Brands And Say Goodbye To Guesswork by Export1: 1:30pm On Jul 21, 2017
Rebuilt or Reconstructed Title

Your vehicle will receive a rebuilt or reconstructed title if it has been severely damaged but restored to safe working order. Reconstructed vehicles often lose the original identity because the parts used during the rebuilding process are taken from several different make and model vehicles.
Note that most states require a vehicle inspection before a rebuilt vehicle can receive a title and return to the road.
Re: Learn About Title Brands And Say Goodbye To Guesswork by Export1: 1:39pm On Jul 24, 2017
Auction Announced as Grey Market

A wholesale Auto Auction has reported that the vehicle was manufactured in another country and may not meet U.S. safety and/or environmental standards.

http://www.autocheck.com/vehiclehistory/autocheck/en/glossary
Re: Learn About Title Brands And Say Goodbye To Guesswork by Export1: 1:39pm On Jul 24, 2017
Auction Announced as Repaired/Replaced Odometer

A wholesale Auto Auction has reported that the odometer has been repaired or replaced.

http://www.autocheck.com/vehiclehistory/autocheck/en/glossary
Re: Learn About Title Brands And Say Goodbye To Guesswork by Export1: 2:25pm On Jul 24, 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: 2:39pm On Jul 24, 2017
Bond Released

Monetary bond that was required by a government agency was returned to the owner or importer.

http://www.autocheck.com/vehiclehistory/autocheck/en/glossary
Re: Learn About Title Brands And Say Goodbye To Guesswork by Export1: 4:01pm On Jul 24, 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: 8:12am On Jul 25, 2017
Class

The vehicle "class" groups together similar models from different manufacturers. For example, "Mid-range cars - standard" includes the Ford Taurus and the Honda Accord. These vehicle classes are published annually by Automotive News.

http://www.autocheck.com/vehiclehistory/autocheck/en/glossary
Re: Learn About Title Brands And Say Goodbye To Guesswork by Export1: 8:12am On Jul 25, 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: 10:21am On Jul 25, 2017
Damaged

The vehicle has sustained significant damage to the body and/or mechanical components.

http://www.autocheck.com/vehiclehistory/autocheck/en/glossary
Re: Learn About Title Brands And Say Goodbye To Guesswork by Export1: 10:22am On Jul 25, 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: 3:28pm On Jul 25, 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.

https://www.auctionexport.com/
Re: Learn About Title Brands And Say Goodbye To Guesswork by Export1: 10:39am On Jul 26, 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: 10:39am On Jul 26, 2017
Federal Government

The vehicle was part of a fleet registered and used by individuals in the United States federal government.

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

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