Buying first car
What is the best car to buy used ?
I've come across some good offers in Nissans and
Honda. But rebuilt. Is it worth it to buy a rebuilt car
with less than 60k miles over a clean title with
I would skip the salvage title cars. Not a good idea.
If its a wrecked rebuilt salvaged title, Its worth much less and needs inspected by your professional prior to purchase. Its up to you to do Carfax and figure out yourself what was repaired, It could be a flood car or someone died in a accident. A rebuilt title means the car cost more to repair than than insurance co had to pay for the value of the car.
As others have said a rebuilt title means that the vehicle was determined a total loss by an insurance company. Then someone bought it on a salvage title and put it back together. If it's an older model, say 10 or so years old, the damage may not be too bad. A fender bender may very well total a 10 year old vehicle. Personally I'd avoid any rebuilt title cars. But if you're really interested in it definitely do your homework. Find out what happened to the vehicle. Accident, flood, hail damage, vandalism, etc. Look at how long ago it was deemed a total loss. If it was 2 or 3 years ago it's been sitting in a yard somewhere exposed to the elements which will cause you more headaches!! Definitely have it professionally inspected! Only costs around $150. I've used lemonsquad.com with excellent results. Remember, cheapest isn't always best. The money you save on the purchase may very well be exceeded by the repair costs once you have it. HTH. -Jim