What happens if I was not informed of a salvage title?
Question Details: I'm buying a car through a car company. I recently got into a car accident and now my insurance company tells me that it's a salvage title. I had no idea. I went through my old paperwork and it has rebuilt checked but not salvage. I was never made aware. Is there anything that I can do? I put a lot of money into this vehicle and after a year I just found out this information that was not disclosed to me.
You were informed: a rebuilt title is essentially a salvage title. A rebuilt title is issued when a car has been damaged and salvaged then repaired: you can think of it as salvage title with repairs. Rebuilt titles are only issued to cars that were totalled or otherwise declared as losses due to some accident then repaired. The fact that "rebuilt" was checked therefore put you on notice that the car had been salvaged, since it is salvaged before it is rebuilt. That you may not have understood what this means is unfortunate, but because the relevant information was disclosed to you, the seller complied with his or its obligations, did not committ fraud (nondisclosure) or breach of contract, and would not be liable to you or owe you any compensation.