What is a Salvage or Branded Title?
A salvage title happens when an insurance company obtains a vehicle due to a claim. If a claim is related to an accident or a collision and exceeds 50-75% of its actual cash value, usually the insurance company and/or adjuster will write off or total the vehicle. In most cases 90% of these vehicles are repairable. Also, if a claim is non-accident related, such as a recovered theft (with or without damage), the insurance company and/or adjuster will still issue a salvage certificate if the vehicle is not recovered within a certain amount of time.
What is a Rebuilt/Restored Title?
A rebuilt/restored title is issued when a salvage vehicle has been completely and professionally restored and has passed the Utah Safety & Emissions test. Once this has been completed the vehicle will be registered into the new owner's name as "rebuilt/restored".
How do I finance a branded title car? Is the interest rate higher?
We offer financing through several local credit unions including America First Credit Union and can finance your new car about as easily as any other dealership can. The interest rate is not higher for rebuilt/restored vehicles, and terms go up to 72 months with rates still as low as 2.79% (O.A.C.).
Can I get insurance on a Branded Title?
Yes, most insurance companies offer full coverage or liability on all our cars at a rate comparable or cheaper then a clean title.
If this my first vehicle purchase, can I still qualify for vehicle financing?
Of course! First time car buyers can still qualify for good financing options, even without a previous vehicle purchase on their record.