Quote:
Originally Posted by Shawn Stanford
To my understanding, 'clear' means there are no liens.
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My dad was a car rebuilder and I used to help him out. A clear titlle generally means the car was totaled by the insurance company then resold at auction In a state like Tenn. where there is no rebuild or totaled indications on the title. when my dad was rebuilding a flipping he would sell the car with a clear or clean title because he bought them from Tenn auction. So when the car is resold there is no indication it was totaled. He would give verbal disclosure, but affects loan value.
Can also mean no lien on the vehicle. But cars in the 986 age group normally would not warrant a loan or possably be eligble.
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