Seeking out different car problems is one thing that you are not going to do intentionally, but when you are looking to buy a used car with bad credit those problems can happen much more often than you would like to stumble upon. It does help though if you know what they all are, what they mean, and how you can best avoid them. Otherwise you may walk into a car purchase that will cost you a ton of money in either repairs or will just be a total loss and you have to go out and purchase another vehicle to replace the lemon that you had just bought.

There is nothing more frustrating than spending a ton of money on a vehicle and then barely being able to drive it because it turns out that it is virtually useless. Most of the time it is avoidable even though dealerships are making their dirty little secrets harder and harder to locate to the average consumer. Why be an average car buyer though? By staying well informed and doing your research you will never have to worry about this being you.

Spotting and Knowing Title Issues

Title issues are some of the most common issues with buying a used car. Now most are going to have a clean title and have no secrets, but every once in awhile you are going to stumble upon something fishy and that is why you need to know these branded titles to figure everything out. They are going to vary by state, but typically they are as follows.

• Rebuilt - This is usually a salvaged vehicle that has been repaired and rebuilt. These vehicles are drivable, but can very likely have some serious issues because it once was a salvaged automobile.
• Salvage - This is a damaged vehicle that will range from 75-100% needing to be repaired.
• Junk - A vehicle that is only sold for scrap or possible parts.
• Flood Damaged - A vehicle that has been damaged by a significant amount of water.
• Fleet - Not always considered a brand, but when a vehicle previously was a taxi it needs to be noted as this.
• Mileage Unknown - This also is not a brand, but must be noted so that those know that the mileage may be quite significant.
• Stolen - This is a vehicle that was stolen and thus has been recovered later on. Due to a lot of damage most of the time these are not going to be available for sale.

Now if you were hoping to purchase a vehicle with bad credit but found out that the vehicle you are looking at is branded with one of these titles then you are going to need to be aware that you are not going to be able to receive financing.

Other Options

If you do not have the best credit score and are looking to buy a car then you may have thought one of these options were possible. It is not a smart way of thinking and if your bad credit loan only would have let you purchase one of these vehicles anyway then that is not the best loan. If you do want to get a much better loan and purchase a clean titled used car then you will want to apply online for a pre approval. There is nothing better than getting pre approved for the best loan that you can get in your situation and we can help you in no time. It takes a minute to apply so get started and you will never have to worry about buying a vehicle with a potential title issue.