Vehicle branding is the use of a permanent title on the vehicle title, registration document or permission to indicate that the vehicle has been removed due to collision, fire or flood damage or has been sold as a junk.
Setting or marking is mandatory in most provinces and states in North America when insurance companies or vehicle owners write about vehicles as "total loss". Usually this means the cost to repair the vehicle will be the same or exceed the car's value, although the legal definition varies.
Video Vehicle title branding
Destination
The title branding program usually has two purposes:
- Car theft prevention: If the vehicle is completely lost by accident, the serial number (VIN, vehicle identification number) and registration documents can still be a potential value for people who deal with stolen cars. The reduced sales value of the title branded vehicle reduces the profitability of the transfer of registration and VIN from an accident vehicle to a vehicle stolen from the same brand and model/year, in an attempt to register it as a rebuilt car and sell it.
- Consumer protection warning: Cars that have been involved in serious crashes often find their way to auctions and to many sellers. Permanent records of severe accidents warn potential future owners that the car has been damaged (and possibly repaired). Fixed and checked properly, vehicles may be acceptable - but improper repairs after serious accidents may leave the vehicle's framework, body or key electrical and mechanical systems in a defective or inadequate condition.
Maps Vehicle title branding
Vehicle brand is required
In North America, most vehicle titles are issued by each province/state and territory. Most have implemented a branding scheme to alert vehicle owners who suffered severe damage to vehicles by collision, theft, or disaster. The brands and criteria used to assign them vary greatly from one jurisdiction to another.
With the exception of 'rescue' (which can be replaced by a brand 'rebuilt' after structural improvements and checks, depending on the rules and regulations of the issuing district), the brand is permanent. Once the vehicle identification number is associated with one of these marks, the mark shall not be deleted by the authorities in that jurisdiction or in other jurisdictions under similar vehicle brand laws.
There is no consistent list of brands or conditions in which they apply. What most US states call "junk" and most Canadian provinces call it "irreparable" (Ã, Â «irrÃÆ' Â © rÃÆ' Â © rableÃ,») can be labeled "rescue" in some other jurisdictions - either because the criteria are different or because the same brand has been confused given a different name. In Alberta alone, "irreparable" is used to mean irreversible - in most other jurisdictions including Alberta, "rescue" means that the vehicle can indeed be repaired but the cost of doing so is likely to be expensive.
Issues and limitations
In North America, vehicle licenses are usually issued by each province and state. Each operates under different rules.
In some cases, the criteria for determining "total loss" vary - some base the cutoff amount on the vehicle's nominal value in working conditions, others see not on the value of the vehicle that minus the value of the collision vehicle as scrap, rescue or parts. The percentage of the original value in which the "total loss" label is applied also varies.
These differences are sometimes exploited by schemes such as " title laundering ", in which vehicles labeled 'trash' in one jurisdiction are registered in another, moving from one state to another to one state with slightly different rules. the same vehicle brand as the 'dives' but can be fixed. Vehicles with Arizona registration and the title 'rescue' for saltwater damage will, for example, represent a red flag as a vehicle that may have been affected by environmental conditions and events elsewhere such as Hurricane Katrina. Vehicles with salt water or storm floods often have severe corrosion and electrical problems that can not be fixed properly, so it should be avoided.
The system also depends on the insurer or owner of a damaged vehicle to provide the necessary information to determine the cost of damage to apply the brand to the title, despite the fact that it will further reduce the resale value of the remaining vehicle. Estimated costs vary widely; if one estimate is based on new plant parts, the other on the new aftermarket parts and the other based on the piece of junk, the amount will vary greatly - with additional variations being added based on who does the repair. Damage to the automotive unibody frame (commonly used in most cars since 1967 to save weight) requires special skills and equipment to measure, with factory tolerances usually as tight as 3 mm (1/8 ").
While some vehicles (such as cars exported abroad after heavy or broken collisions prior to the introduction of compulsory branding) can not carry a warning to their history, others may be labeled as "total loss" when they could be reasonably fixed in the hands of someone willing to install used parts and do the job at a cheaper price.
If the vehicle is labeled as 'garbage' or 'irreparable' by mistake, or import documents indicate it as imported 'parts', there may not be a direct way provided in the law to correct this error. These vehicles, if not exported to other jurisdictions under different rules, will never be registered or licensed again - even if all necessary repairs are made and verified.
It should be noted, however, that such permanent record records are not always present in cases where damaged vehicles maintain a clear title. For example, ConsumerReports.org reports that vehicle history checks will sometimes result in "clean" results even if the vehicles offered for sale break down on websites like eBay.com and even eRepairables.com, a site that specializes in car rescue ads. on sale.
See also
- Lemon (car)
- Used car
- Vehicle history report
- Vehicle identification number
References
External links
- Arkansas - Damaged vehicle ownership rules
- Brand laws-titles Minnesota
- Kentucky legislation
- NY Department of Motor Vehicles
- Ministry of Transport, Ontario
- SocietÃÆ' Â © d'assurance car, QuÃÆ' Â © bec
- Consumer protection page of the Wisconsin Transportation Department
- US Federal Trade Commission buy-back disclosure project
- National Insurance Crime Bureau (US VINcheck)
- Used cars that hide flood damage, CBS 5 San Francisco
- Guidelines for UK Salvage Title
Source of the article : Wikipedia
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