Rebuilt Title Due to Hail Damage
Why Are Hail Damaged Rebuilts so Good?
Rebuilt title due hail damage is one of the best choices for those who shop for rebuilt cars. In some states, like Wisconsin, Louisiana, Kentucky, Mississippi, Kansas, totaled out hail damaged vehicles are a separate category that get a Hail Damage Title (there are differences in precise wording and terms). Commonly, such vehicles have no damage other than cosmetic which means that it's in a perfect operable condition and safe and you can drive them they way they are, if the dents or scratches don't drive you insane. Why do such vehicles get written off? Because after a hail damage estimate the insurance company finds it not cost effective to repair the multiple dents and scratches: the retail value drop for a several-year-old vehicle is significant and the labor input in fixing full-body hail damage is costly and the same for all vehicles. Fixing a single hail dent may cost $100-200, so the older the car the less extensive hail damage should be for it to get totaled out. For example, the car got indents and scratches of roof, fenders, tailgate, top parts of the door and door posts, quarter panels, chrome lining around windows and windshield, trunk, and has multiple broken glass elements (mirrors, windshield, side windows, headlights and taillights lenses). In this case hail damage repair may cost around $6.000 and even more just to even out dents, let alone the paint, which is the same or even more than the actual market value of a few-year-old cars. And just a single spider web crack on a bumper or windshield may be enought enough to total out a 1992 car!
Your insurance company should give you liability coverage without problems and you may even get both comprehension and collision coverage (except for for cosmetic damage it still bears). However, you should be warned about possible issues concerning hail damage and insurance. A pleasant bonus is that banks and other financial institutions are easier about financing such rebuilt vehicles. And, which is exceptionally rare for rebuilt vehicles, if the it was still under warranty when it got hail beaten, some manufacturers will even let you keep the warranty on a rebuilt title. Needless to say, the issues relating to coating, like rust and other, will be excluded from the warranty. You can also try your luck finding extended auto warranty companies for hail damaged rebuilt titles.
Before You Buy A Hail Damaged Rebuilt Vehicle...
First and most important, make sure the vehicle doesn't have any other hidden damage!. Also, make sure it's not perforated. For example, if it was registered in a storm area notorious for floods and got damaged at the time when a natural disaster occurred, there is a chance that hail damage could also be accompanied by water damage. If so you'd better search for another car. Just keep in mind that dealers are not silly, they know that hail damaged cars are the best rebuilt cars, their value is higher, so they sell it at a higher cost accentuating that the damage is minor and the car won't give you problems. But it's not always true. Although salvage/rebuilt title disclosure is obligatory in many states so as to protect the buyers, as long as there are no legal ways to sue the sellers for not disclosing all possible hidden problems they potentially could have been aware of, you should be on the alert. Of course, you'll be informed about salvaging and the cause. However, there may be a lot more inside. And even if the seller gives you warranty on their work (reputable body shops do), there is no guarantee that something else isn't faulty. For this reason, sometimes, it's a better idea to buy a hail damaged salvage title "as is" for a lower price and fix it on your own or just leave it the way it is if it's not an eyesore. And of course, you must get a car history report, hire a mechanic for a pre-purchase inspection and match all the data from these procedures with the info you get from the seller.