<VV> Re: Salvage title (not much Vair)

[J R Read_HML]

A buddy who owns an upholstery shop (and a '64 vert Vair), bought a couple 
of "flood" cars a couple years back.  He kept his crew busy in some of the 
slow times during the winter months with making them "new" again.  The 
biggest expense was the control module(s?) for air bag deployment.  Anyway, 
the titles indicated - I don't recall for certain now - either "salvage" or 
"flood".  The designation was to stay on any future titles when the car 
changed hands.  This is Illinois, can't say what other states might do - but 
it does seem that some Katrina cars could legitimately make their way back 
onto the roads if the affected states have a similar set up for the titles.

Later, JR

----- Original Message ----- 
From: "Padgett" <pp2 at 6007.us>
To: <virtualvairs at corvair.org>
Sent: Thursday, February 15, 2007 2:32 PM
Subject: <VV> Re: Salvage title


>
>>Salvage does not mean a destroyed car put back on
>>the road as a waiting to happen death trap.
>
> Salvage does mean that the car was "totaled". In Florida there are two 
> different forms of salvage title, one of which is a "Rebuildable Salvage 
> Title" that can be driven but is supposed to have a label on the vehicle.
>
> See http://www.dmv.org/fl-florida/salvaged-vehicles.php
>
> Then there are the cars which may have been "totaled" but the owner has 
> arranged to keep the car and rebuild it. The key here is not to surrender 
> the title to anyone. When our 90 Grand Am was rearended, the cost of the 
> bumper cover and a taillight vs the retail value was enough for the 
> insurance company to declare it totaled.
>
> Padgett
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