Calling Los Angeles-based car shoppers: Have you recently traded in (or plan to trade in) a car with negative equity (i.e. the amount you owe on your auto loan is greater than the car's value)? A reporter would like to speak with you; please reach out to PR@Edmunds.com by 11/6 for details.
Salvage title
jakedoha08
Member Posts: 9
Comments
What Is a Salvage-Title Vehicle?
Here's a search link to the PA DMV blurb on reconstructed vehicle titles (if the link is flaky, you may have to go to dmv.pa.gov and do a new search).
I personally wouldn't finance a car with a reconstructed title, because you'd be totally upside down on the loan from the get-go and probably for most of the term.
Remember this rule: "Whatever gets you into a car cheaply when you buy it, will haunt you when you go to sell it"