[Tigers] Tigers Digest, Vol 3, Issue 65

[CoolVT at aol.com]

Some of the states that I am familiar with list it as  salvage if it has 
damage beyond the value of the car.  Some states list as  salvage any car that 
has been used by law enforcement or as a taxi. 
 
Please note that some state offer a "bonded  title".  If the title is 
unobtainable....for example lost or former owner  refuses to turn it over, the 
buyer can purchase a bond and the state will issue  a bonded title.  The bond 
is to insure that if someone makes a claim on the  car, the insurance 
company will pay off.  Most major insurance companies  offer this....purchased one 
once from State Farm.  The cost was about 5% of  the value of the car.
M
 
 
In a message dated 7/21/2011 10:05:49 P.M. Eastern Daylight Time,  
michael.s.king at gmail.com writes:

Might be  ok in some sites in USA, would make it VERY hard to export a
car without a  title. I know you would struggle to bring it down under
as anything other  than a "parts car"... and seems so many Tigers have
made their way down  under in the last couple of years.

All this said,, does anyone know why  the car became a "salvage title"?
Was the car written off by an insurance  company some time back? How
seriously was it damaged?

I guess when  the cars were cheaper the likelyhood of repair costs vs
value for an  insurance co would have made them likely to write off a
lightly damaged car  that now we would consider a straight forward
resto.

--  
Regards

Michael  King