I was a sales mgr. for a used car dealership before I do what I do now. I will say that "TECHNICALLY" yes a R-title does reduce what a vehicle is worth by the "book". I pass on a saying that is very true that my old boss use to say, "A car is worth what someone is willing to pay for it." Also, buy what you like to drive for what it is not what kind of title it has. Yes, you can use it as a leverage on the price, but don't let the stigma surrounding R-titles get the best of your decision. Same thing goes for miles. I have seen vehicles with 50 look like 200k and vice versa. Rate each vehicle for what it is on it's own. It's like book price that one is my favorite, people would bring in a NADA or Kelly Blue Book and say my vehicle is worth this and your vehicle is worth that. It's called a "guide" for a reason. I can tell you from a dealer stand point, fair market value "APPROX. AUCTION VALUE" is all that matters. And lastly while I'm on the dealer view don't trade in "EVER" unless you don't have a choice. 9 times out of 10 dealers clean up on your trade in. Either by playing with the number between the two vehicles so you can think you are getting a whopper for your trade in. In reality you are not even close. If you must trade in, don't tell them you have a trade and haggle. Then haggle some more, then when you think you have done your best whatever that may be, tell them you have a trade. You will get the most honest number for your trade in. I hear this all the time when it comes to title/mileage on "some" vehicle. Like Mater said there are a ton of "CLEAN TITLE" vehicles out there that should have been in the junkyard. And for all the people that bought "NEW" vehicles cause they don't want any body filler in their vehicle lol do you know how many little minor damages are fixed either at the factory or dealerships and slip under the radar. Good luck on your purchase! Sorry about going off on a tangent.
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