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I would buy a rebuild car... but this would all depend. First a rebuild on an 09 means a lot of damage to the car. Then who rebuilt it and was the job done right? (the thing I'd worry about is the air bags)Then are you going to borrow money on the car? Some places will not loan money on a car like this unless they know who rebuilt the car. In this case if I wasn't sure who did the job or know the job was done right.... I'd keep looking someplace else.
With a rebuilt title it's all about who did the work on the car. There's a big difference between a car that -looks- good and one that will last you. Find out which shop rebuilt the car, which may or may not be who you're purchasing from, and ask around about them. If they have a reputation for doing good work then you can often get a brand-new car for dirt cheap. If they have a rep for fixing it up quick, making it look nice, and shoving it out the door then just avoid them. It's also worth finding out what happened to the car. See if they have "before" photos. If it was rear-ended, then that's better than a front end collision. Was it a fender bender or a full on six car pile up? All of these will result in a rebuilt title being issued. Shop usually take before photos so they can demonstrate their skill, sort of like a mechanics portfolio. Most places I've bought from offer some kind of in-house warranty. Usually 30 days or 5,000 miles or some such. Ask if they have one, and what the limitations are. If it's a "no questions" warranty you can take the car right into another shop for an inspection and see what they say. As far as insurance goes, I've never had any company have any problem with a rebuilt car. It's all the same to them.
For the best answers, search on this site salvage title means that the car has been rebuilt after it was damaged. Usually these are cars that have been considered a total loss by an insurance company, and were sold by the insurance company and repaired. A car that was stolen and recovered after the insurance company had paid the claim may also be listed as a salvage vehicle, as can be cars that were impounded, and unclaimed. Salvage history does reduce the value of a vehicle. This does not mean that the car is bad. Insurance companies will total some cars that are not damaged that severely, because it is cheaper for them to pay the book value of the car and then sell it, than to repair it. For example, if a vehicle is worth $2000, and is hit and has $1500 worth of damage done (and that is not than much damage), the insurance company will most likely total the car. They figure that they can sell the car for more than $500 to a re-builder or auto parts yard, and that ends up being less total cost for them. This car will be listed as salvage if someone makes the repairs and puts it back on the road. Other cars can have serious damage, from accidents or floods, and really will never be able to be fixed correctly. If you are looking at a car with salvage history, have it thoroughly checked by a qualified mechanic and a good body shop!
The car was damaged badly enough for the insurance company to 'total' it. It really doesn't matter how good it looks, the question is what does it look like under all that shiny sheet metal? Is there still damage that the person who rebuilt it didn't find? Has the frame or running gear been weakened by being twisted back into position? Will the car be safe to drive in the long term? I'd avoid anything with a rebuilt title
Insurance, loan, safety of auto ==== you may think you are saving big bucks BUT in time the rest of the problems will show up and you are left with more costs and no ride ... it is not a good idea to buy a wrecked car and if you get into an accident then you have all the responsibility and liability and headache ---- so you got insurance,,,,, that will not stop someone from going after you too.... THE best thing to do is find a car that you can afford and get a car fax and some warranty....
No, a rebuilt title means that the damage was enough for the insurance company to total out the car. If the frame was bent or damaged, you won't be able to keep tires on the car, because they wear out super fast. Then also they maybe damage to the engine, tranny, or maybe a problem with the car that caused the accident anyways. You never know what you are getting with a wrecked car. Usually you get what you pay for, so stick with a new one or a used one that's not been wrecked.
The best thing to do is call your insurance agent and ask if they will insure the car. He/She will ask for the VIN number and that will tell them all he/she needs to know. My guess is they will either deny coverage or your rates will be significantly higher than for a normal 2009 Camry. If you plan on financing the vehicle, you will need to get the new-york from your bank. Again, they will ask for the VIN number. My advice is there are plenty of nice used cars that do not have a salvage title. Not unless you are a mechanic or know a good bit about cars, it simply is not worth the risk. You also have to think about resale value. Good luck.
Just be aware that when it comes time to sell or trade the vehicle, the value may be significantly less with a salvaged title - and this should be reflected in the final price that you pay for this vehicle now. As far as the vehicle, if the repairs were properly made, it may well be a good buy and give you years of reliable service.
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