Hopefully, we can clear up some of those questions for you here. Most states will require a Certificate of Title Bond in order to get a new title for your vehicle. Clean Titles Explained - What Does a "Clean Title" Mean? There are no outstanding liens against it that would make it illegal to sell. This does not mean that your title will be clear of errors, but it does mean that there are no further questions about the status of the title itself. Great car, clean title Cody Murrell thought he had found a great deal on an accident free, gently used Subaru WRX, until he says "during the first big rainstorm, I had about three quarters of an . How to clear the salvage status of a vehicle: In order to remove "salvage" from the title of a vehicle, the vehicle is required to pass a DVS salvage inspection. In addition, a clean title also means that a car or vehicle has not been totalled in an accident or stolen. Title washing happens when a vehicle with a branded title - any title other than clean - is brought to another state and re-registered as clean. What is a Clean Title on a Car? - Autolist Depending on the vehicle, a salvage-title car can sell anywhere from about 20 percent to 40 percent less than the same vehicle that has a clean title, said Richard Arca, pricing manager for Edmunds. A clear title does mean you own your home solely, but value of the title is affected by current housing prices and fluctuates. In this article, we'll take a look at the meanings of salvage title, clean title and totaled cars. Buying a lemon title car effectively means you are willingly spending money on a broken car. A clear title is a title without any type of lien or levy from creditors or other parties that would pose a question as to legal ownership. When it is found and recovered, it's then . Car Title Guide: Everything You Need to Know - Kelley Blue ... A good title, also known as a clean or clear title. What Does Having a Salvage Title Mean? It also is a title that indicates that any vehicle issued this kind of title is safe to drive. A clean title only indicates that the vehicle has never been deemed a total loss. The buyer's name needs to be recorded in place of the seller's name. Car Title Information Clean titles can also indicate the vehicle has never been used as a fleet vehicle. When a customer purchases a vehicle, the. The RMV can register and title an undocumented vehicle at its discretion. It hasn't been involved in flooding or fire, according to records. Some standard titles issued to vehicles with damages may show damage history or theft history by title history reporting companies (Example Car Fax - NCIC) Salvage Vehicle Title Basics | DMV.ORG What Is a Salvage-Title Vehicle? - Edmunds Always check the car's history. title. What is an Open Title? - Legal Beagle (For more examples of branded title vehicles , check out our handy guide.) Two words you never want to see on Carfax report - WCPO Vehicle Title Definitions - Economy Auto Do you need to get a bonded title? Title washing is when a dealer or owner attempts to clear a car's title of its branding history. If the car title has a second lien, that lien moves up into first lien position. A clean title means that a vehicle has a clean record, while a branded title means that a vehicle has incurred serious damage that needs to be disclosed. 1) If it's an Or - John Doe OR Joe Ross - then the ownership is joint tenancy with an expressed intent that either of the owners has full authority to transfer ownership of the vehicle, license plates and/or fees or to record loan information. The provider does not have to apply for a salvage title until the unit is recovered, however the provider may apply for a clear title in their name to show proof of ownership if the vehicle is recovered. It protects the department of motor vehicles (DMV) from the loss of vehicle and potential damaged caused. Typically, the only attractive characteristic of a vehicle with a rebuilt title is a lower price. This includes cars that are damaged or wrecked. Consider that you may have difficulty later selling a salvage vehicle and its value will be compromised. That doesn't necessarily mean the car is free of problems, only that it has never been declared a total loss by an insurance company or found to be flood or fire damaged. Report any suspected violations of the Arkansas Salvage Title Law. But your vehicle registration on the other hand is linked with the license plates on your car. A car title is a legal document establishing proof of ownership of a vehicle. The car is then titled a "total loss.". If the title is not clear, it might be considered a bad title because there could be outstanding liens against . But a blue title in other states means that the car is a "salvage" car that has been in some sort of accident, or has endured some sort of disaster. (Technically, the owner can transfer ownership, but if he doesn't have clear title, the buyer will be unable to obtain a mortgage.) However, for a variety of reasons, this does not always happen. The primary purpose of these types of certificates is to protect car buyers and sellers by documenting the history of all motor vehicles in the state. Clear title is the phrase used to state that the owner of real property owns it free and clear of encumbrances. Without clear title, a property owner will effectively be unable to sell the property. Most vehicles on the used market have a clean title, which means it's never been deemed a total loss by an insurance company. A salvage car is a car that has been deemed irreparable by an insurance company. A claim had been previously made on the car, and after inspection, it was deemed a money pit. These cars have a branded title or salvage title. Two days after he bought the car from me he took the car to Aamco to get the transmission checked up and some codes came up that apparently mean that the transmission is nearing its end of life, this would be a good time to clarify that never in the 5 years i owned the car and the near 100k miles i put on it had i had any major mechanical issues. In a more limited sense, it is used to state that, although the owner does not own clear title, it is nevertheless within the power of the owner to convey clear title. This means that the car was either in an accident or was stolen and had some damages inflicted. While there may be different loan to value requirements depending on your lender and your credit, it is possible to get both financing AND insurance on theft recovered vehicles. . Branded Titles. This means the current owner borrowed money to pay for them and didn't repay the total amount of the loan. Clear - Not to be confused with clean, a clear title means there's no financial lien preventing the vehicle from being sold. One very important thing to know before purchasing a vehicle is the standing of the title. So, a car can go from clean title to salvage title to rebuilt title after a major accident or disaster. It is to your advantage to clear the salvage status of the vehicle in a timely manner. A "replica" or "street rod" title tells you one of the prior owners extensively modified the original . Title Washing Explained. When a car has a clean title, it means it has never experienced severe damage or been used as a fleet vehicle. Find out the requirements in your state here. Since branded title laws vary from state to state, criminals often move a salvage title car from one state to another and sell it as a "clean" car, and when the DMV issues a title, it will appear to be clean. This article will explore the situations that cause most title problems along with ways to clear them up. Clean title is a general term for a legal document showing free-and-clear ownership. Generally, a clean title means that the vehicle has never been involved in a serious accident. A car title gets a salvage brand when the vehicle is damaged to the point that the insurer has written it off as a total loss. Many of the branded-title cars can be "title washed" and simply registered as a clean title car. This usually means the vehicle is too damaged to repair safely or cost-effectively, or the vehicle was stolen, in which case the insurer will pay out a total loss claim for it. A clean title means that the car title has not been branded. 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