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Myself · 03-07-2023, 11:40 AM

My last 4 daily drivers have been wrecks.....totaled. In Arkansas, after it's repaired you meet up with a state trooper who looks over your 'affidavit of reconstruction', along with pics of the repair process, then inspects the vehicle and signs off. Then you get a 'previous damage' title from the state. For loan, insurance, or resale value these are automatically HALF of book value. Never been an issue for me as I have bought with cash and had less than that into them when I put them on the road. The previous 3 I've kept and driven around 150k miles and finally sold for about the same money as I originally had in them! If it's to keep and drive then don't worry about the title issue. If AT SOME POINT you think you're going to sell it and want your money back......make sure it's half price to begin with.

03-07-2023, 11:40 AM	#21
Myself Registered User Join Date: Oct 2005 Location: Northern Arkansas Posts: 1,128	Re: Opinion on salvage title My last 4 daily drivers have been wrecks.....totaled. In Arkansas, after it's repaired you meet up with a state trooper who looks over your 'affidavit of reconstruction', along with pics of the repair process, then inspects the vehicle and signs off. Then you get a 'previous damage' title from the state. For loan, insurance, or resale value these are automatically HALF of book value. Never been an issue for me as I have bought with cash and had less than that into them when I put them on the road. The previous 3 I've kept and driven around 150k miles and finally sold for about the same money as I originally had in them! If it's to keep and drive then don't worry about the title issue. If AT SOME POINT you think you're going to sell it and want your money back......make sure it's half price to begin with.