I would not insured a rebuilt vehicle because no matter what there is always going to be an issue if the vehicle is totaled as to what the value of the vehicle is. You and I know that a vehicle with a rebuilt title will be worth less that a vehicle with a clear title. I would use a stated value policy to value the vehicle so that there is no misunderstanding if an accident occurred.
I cannot answer your question but I do know that insurance companies use "fair market value" which means they can use the fact it has a rebuilt title in their concideration. If you do not agree with their estimate you can appeal it (may require a court visit)
It usually means rebuilt from salvage it also means less value 50% of kelly book value.
A rebuilt salvage title is issued when a vehicle has been declared a total loss. When that happens, the original title is "retired", and the salvage may be sold--often by an insurance company that paid the owner and acquired the salvage. As a way of recovering some of what it paid, the salvage will be sold by the insurer. The buyer of it may then repair the vehicle to make it road-worthy. The repaired vehicle is then issued a rebuilt salvage title in order to be "legalized" and used as a vehicle. The fact that it has a rebuilt salvage title will generally reduce the value of the car, because any buyer will know that the vehicle has at one time been totaled.
DMV...it would be a salvage title which will kill the resell value of the bike....could try and get a lost title instead, some states offer this instead of the salvage title
Typically, salvage vehicles' value are 40% less than that of a comparable car with a clean title. This is assuming the car has been repaired/rebuilt properly and is roadworthy.
whatever you can for it.
Totaled vehicles which have been rebuilt generally have a "salvaged vehicle" title, or whatever it's called in your state. Vehicles with a salvaged vehicle title are by definition, not as valuable as the same vehicle with a clean title. If the vehicle is subsequently in another collision, the insurance company will not pay as much since the loss was not as great. Insurance companies only need to pay you for the actual value of the vehicle.
it just means that said vehicle has been damaged and an insurance company has considered it to be damaged beyond its value. if it is a "rebuilt" salvage title then it can be used as any other vehicle on the road, it just may effect the cost of insurance.
Financing is available for Salvage and/or Rebuilt Titles. You just have to know where to look because most lenders tend to stay away from these types of auto loans. There is a website called PreOwnedAutoMall.com who will connect you with a lender that provides Salvage and/or Rebuilt Title financing. I found them through Google search. There staff worked quickly and had a reputable lender call me within minutes to start the application process. They financed the full NADA value for me. Awesome!
Kelley Blue Book
Kelley Blue Book is one of the top places to search for the value of your's or a future buy motorcycle. It has up-to-date value of all motorcycles and on top of that you can choose which condition the motorcycle is in to see the direct price.
get a bonded title .. meaning you can buy a surety bond from your insurance company for the value of the bike ,then fill out the paper work from DOMV. they will help. Done it myself a couple of times and it works great.
The value of the motorcycle is close to $4,000 for one that is in good condition. The amount will be worth close to $7,000 if it is in excellent condition.
If you value your own health. A motorcycle is one of the few machines that uses a human body to protect itself from damage.
The population of a city does not affect it's value.
That title itself is worth nothing. It is the car the title is for that has value.
It depends on a few factors. Some of the factors would be the value of the motorcycle, if it is paid off, and is it your only means of transportation.
The value of your motorcycle depends on the brand and the features. Many Harley motorcycles are worth more than Hondas for example.
Formula for calculating depreciation value Annual depreciation value = (Total cost - salvage value (if any) ) / useful life
This depends on the looks and condition of the bike. They sell from $1.500 up tp $4.500 and even more. For the highest price, engine must be rebuilt and the gearbox in mint condition, also paintwork and chrome must look like new.
KBB value is $5575
about £30,000 depending on the condition.
70% of the value