What happens if i was not disclosed of a salvage title?
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What happens if i was not disclosed of a salvage title?
Hi, im buying a car through a car
company, i recently got in a car
accident and my insurance tells me its a
salvage title. I had no idea, i went
through my old paper work and it has
rebuilt checked but not salvage. I was
never made aware, is there anything i
can do? i put alot of money into this
vehicle and after a year i just found
out this information. Thanks
Asked on June 16, 2019 under Business Law, Ohio
Answers:
SJZ, Member, New York Bar / FreeAdvice Contributing Attorney
Answered 4 years ago | Contributor
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.
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