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What do you do with your plates if your car is sold for salvage?
Wiki User
∙ 13y ago
Return you license plates to Dept of Motor Vehicles.
Wiki User
∙ 13y ago
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You bought a used car and when you tried to trade it in they said it has a salvage title six months after you bought the car?
That means that at some point the car was wrecked so severely that the cost to repair it exceeded 75% of the value of the car. The car was therefore totaled and sold to a salvage yard. The salvage yard sold the car to someone who repaired it and sold it with the required salvage title. You should have noticed the salvage title when you bought the car.
What happens to unsold cars?
A car that is in too bad of shape to sell will be sold to a salvage yard for parts and eventually it will be sold as scrap metal. It will be recycled and use to build another automobile, or product.A car that is in too bad of shape to sell will be sold to a salvage yard for parts and eventually it will be sold as scrap metal. It will be recycled and use to build another automobile, or product.
What is a car dealership legally responsible to fix on a vehicle that is sold with temporary plates?
Nothing. it was sold as is.
Can a dealer issue permanent plates on the same day you buy a used car?
A used car is likely to already have license plates issued to it. These may be out-of-state plates. License plates stay with the car (see below for exception), regardless of owner. If you buy a used car that already has plates, the registration may not be current. In that case, the dealer will put a temporary registration decal on the car window to indicate that the registration is in process. You can drive the car like this. Typically there will be a delay of 30-60 days while the DMV processes it, and they might send the sticker to the dealer. In that case, you take the car back to the dealer and they will put it on for you. The Department of Motor Vehicles is responsible for handling vehicle title and plate issuance, and such details are usually not taken care of until the car is sold and a new owner is established. Most dealerships will handle the title transfer process for you (for a fee, which is typically itemized on your contract invoice -- if not, you should ask for an itemized list of fees). A used car that does not have license plates already issued to it is something you should investigate. The car may be a salvage title, and the car was previously reported destroyed and the original plates voided. It is legal to resell such a car, but it will be issued new plates and the title will note this salvage status. A salvage title indicates that some serious damage occurred to the vehicle. This could be a traffic accident exceeding a certain dollar value, flooding, hail damage, or any of a number of other incidents. If you suspect that a dealership is trying to sell a salvage car without disclosing that salvage status, you should run far away and go to another dealer.
Should you take off your license plates when you sell your car?
In illinois, what is the law concerning license plates taken off your car that you sold privately?
Where can one obtain a BMW salvage car from?
A BMW salvage car can be obtained from a few places. A couple options in locations to pbtain a BMW salvage car from is an actual salvage yard, or a used car dealership.
What is the salvage price for a 2000 Chevy Malibu?
Where I live salvage means sold for scrap metal value, a car with out the upholstery and plastic removed has no scrap value. They will take it but not pay. If the car is clean metal no plastic etc about $0.20 pound
Can i get insurance and plates with a salvage title?
Yes. Getting insurance and plates with a salvaged title car should not be a problem. It shouldn't affect any of that... the only thing you need to worry about is if the place you got the car from properly fixed all of the problems on the vehicle.
How do you salvage your car?
You can salvage you car by taking it to a scrap metal yard. They will pay you money for your car.
Can a salvage car be sold to car service?
If I am interpreting your question correctly, the answer is yes. The salvage car needs to be rebuilt to the same standards it had when it was on the road. All parts bought and installed have to be accounted for and have receipts for. It then needs to pass your local inspection before it can be titled with a re-constructed title.
What happens if you buy a car unaware of salvage title?
what happens if you buy a car unaware of salvage title? well, if it was from a dealer you have recourse. if it's from a private seller, too bad...UNLESS they sold you the car with a clean title when they knew it was salvage. did you look at the title before you bought the car? if it was clearly branded as salvage or totaled you're out of luck but if it was a clean title when it actually wasn't you can try and get a refund from the seller or sue. If you sue you will have prove the seller knew the title was salvage at the time of sale. good luck!!
What does rebuilt salvage title do to value of car?
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.
