- Joined
- Nov 27, 2014
- Messages
- 9,295
I’ve been looking at cars on Facebook marketplace for my grandson. I don’t really intend on buying through FB, but I’m trying to get an idea of the market and what I can get for under $5K. Anyway, I frequently come across cars that say they have a rebuilt title. I’m guessing that can mean a lot of things, but is there a general situation or two that call for the title to be rebuilt? I’m guessing it was totaled and then repaired or flood damage and then “laundered” to make it look like the title is good. Either way, I’m thinking it’s something to run away from but thought I’d ask here. The good news is that, at least here in MI, a rebuilt title is a different color than a clean title.