When you’re on the search for a salvage car from AutoBidMaster, it’s important to do some research before placing your bid. An important step of the research process is to get a vehicle history report, also called a Vehicle Identification Number (VIN) Report. Here are some of the things you can expect to find in one of these reports.
Along with the insurance history, it’s important to know if a car has been slapped with a branding that may make it difficult to register in your state. A vehicle history report will let you know if it is a clear or salvage item, if it has ever been rebuilt, vandalized, or encountered any types of damage, along with any other sort of branding. After learning the branding of a car, contact your local DMV to find out what it will take to register this car, before making your purchase.
Learn if an insurance company has previously declared the vehicle a total loss. If so, you will want to make sure it was later rebranded as a rebuilt or salvage car. This will also give you an indication if the vehicle has been involved in any accidents that may result in costly repairs down the line.
Discover if any banks or insurance companies hold a lien on a car before buying it. A lien indicates if there are any outstanding load balances on a car. If there are, it means the lien holder owns the car until the lien/loan is paid off. So make sure you’re aware of any liens before making a purchase. This will also impact you if you’re looking to export a vehicle out of the US, as many countries will not allow you to import items with a lien.
This information is available in a vehicle history report and will help you make the right choice when bidding on a car from AutoBidMaster. We make it as easy as possible for you to get this information by partnering with one of the most reputable VIN report companies, ClearVin. Just look on our lot listing pages, and next to the VIN number you’ll see a link to ClearVin.
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