Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Who has laws against title washing, and is any legislation pending?

Laws legislation title washing
0
Posted

Who has laws against title washing, and is any legislation pending?

0

California, Michigan, and Iowa have tough consumer protection laws prescribing when a vehicle’s title must be branded as salvage or nonrepairable—but other states are less protective. Unscrupulous individuals take advantage of this lack of uniformity and move wrecked vehicles to states having low or no standards in vehicle retitling. In this way, they are able to wipe out the vehicle’s damage history. Nationally, both Senator Dianne Feinstein (D-Calif.) and Senator Trent Lott (R-Miss.) have sponsored bills supporting a uniform national standard for dealing with wrecked and salvaged vehicles. Lott’s bill would classify as “salvage” a vehicle that sustains damage exceeding 75% of its preaccident value, but would permit states to enact lower percentages. It also would require warning labels on rebuilt salvage vehicles. Feinstein’s bill goes further—requiring the word “salvage” to be stamped on the title of any vehicle with damage exceeding 65% of its preaccident value. It also would requi

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123