Are you in the process of selling or buying an old junk car? Do you want to know the exact meaning behind the term Branded Title? So, here‘s a quick rundown of the Article on Branded Titles and why they impact your car’s value. What is a Branded Title? The branded title is a designation of the vehicle title that certifies that the vehicle has been in an accident and has been declared a total loss by the insurance company or might be some other type of damage. So, if the car has been in an accident, then it’s very common for the insurance company to declare it a total loss, and the repair might cost more than the car’s actual worth. Also, the claim is filled either by the insurance company or the vehicle owner. Though a Branded title doesn’t mean that the car was in actual damage, it means that the car was involved in the accident and it has to be repaired before it could be titled again. Also, a car with a branded title can be a great bargain, but you have to be aware of the drawba...
Comments
Post a Comment