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What happens when a car is totaled before the title is transferred?
Wiki User
∙ 14y ago
It sits in a towing impound lot for 20 dollars per day awaiting an insurance "adjuster" to review so he can knock 20% off it's fair market value. Once the vehicle is delivered to a salvage yard, the title transfers if clear. Otherwise the insurance check goes to the lienholder, which is required to cash and send the difference ( equity, if any ) to you, or bill you if you owe more than it's worth. Owners also have right to view, photograph and retrieve "un-attached" personal items. You cannot take anything from the vehicle that requires a tool to remove. You can take your radar detector & GPS, but not your stereo, wheels or speakers. You may not remove the battery, tires, filters, brake pads, nor anything which would have 'disabled' the vehicle from operation before the accident ( not even light bulbs or wiper blades )..
Wiki User
∙ 14y ago
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What happens to a title loan if the automobile is totaled in an accident?
you pay money
What happens if you Car title loan in default and car is totaled?
Typically you need a car with insurance to get a title loan. If your car is totaled, the loan company are entitled to that money since they hold the title for your car.
What happens your car is totaled?
If you have the proper insurance or you were hit by someone you will surrender the car and the title to the insurance company and they will pay you the actual cash value of the car before it was hit.
Title was transferred but the plate was still on the car when the guy totaled Who is responsible?
Transferred on paper or on the legal Court records? When you sold the car you should have kept a signed copy of the transfer/bill of sale to the wreckee. If the title was transferred by your State Title Office and is on record there - you may be safe. Sometimes a buyer does not register the title and it and the tag are still in your name. Bend over please.
What happens when a lien is placed on a condo?
A lien on the deed -- unit's title -- clouds it, meaning that monies to satisfy the lien must be paid before clear title can be transferred.
Can you sell a car you bought before you transferred the tile?
no.get your title first
Do you sign on the back of the title for a totaled car?
usually
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!!
If you bought a car in another state and lost the title before you transferred it how can you get the title?
Visit your local County Court Clerk. They can advise you on what if anything you can do.
Can a totaled car be fixed?
It depends on why it was totaled. If it's cosmetic damage that totaled the car (like a shallow sideswipe) of course. If it's structural, like frame damage, maybe. If it was in a flood, it's probably not a good idea to fix it since quirky electrical problems will haunt the car forever. If it is repaired it would still carry a totaled title but it can be qualified with the brand 'totaled/reconstructed' on the new title.
Can a totaled motorcycle be insured again?
yes it is called a salvaged title
Can you insure a car that has been totaled?
Not while still "totaled". Since everything is tracked by the VIN# you won't be able to insure a totaled vehicle until such time that it's made roadworthy and has a reconstructed title.
