Insurance co when writing off a vehicle (total loss) and paying off the insured, must submit said title to the state and it is re-issued as a salvage title (not legal for road use). Vehicle is then auctioned off and could be parted out or bought to re-build. If rebuilt, new owner must have a state appointed inspector complete a recertification of title after inspection for safety and reciepts for parts (to prevent cars from being stolen to sell parts) Then new owner sends recertification and salvege title in to state and recieves a title with either "rebuilt" on it or " previously issued a salvage title" typed on it. Any loan institution and/or insurance co that doesn't factor the loss of initial value in is a fool. Loan and settlement values are always based on actual sales records or "book value" of all "rebuilt" vehicles sold and not "all" vehicles. I built them and sold them for 20 yrs. Got out of it for all reasons listed above. Not to mention the harassment from inspecting officers who didn't think it was becoming of them to have to do this. I've had a lot of cars/trucks that I couldn't have afforded any other way . Now-a-days I just don't see the profit margin and you had better plan on driving the wheels off it before selling to come out financially. Build just one and sell it and have someones daughter have an accident in which the air bag fails to deploy and causes more injuries and/or death, and I don't envy you. Basically you "own" that vehicle and any of it's safety related problems forever.
Upload one or more videos to your post. Photo filesizes should be less than 300K and Videos, less than 2MB. Formats allowed are gif, jpg, png, ogg, mp4, mov, and avi. Be sure to use filenames without spaces or special characters, and filetypes of 3 digits lower case.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - Tractor Profile: Farmall M - by Staff. H so that mountable implements were interchaneable. The Farmall M was most popular with large-acreage row-crop farmers. It was powered by either a high-compression gas engine or a distillate version with lower compression. Options included the Lift-All hydraulic system, a belt pulley, PTO, rubber tires, starter, lights and a swinging drawbar. It could be ordered in the high-crop, wide-front or tricycle configurations. The high-crop version was called a Model MV.
... [Read Article]
Latest Ad:
1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.
