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Dealership Question

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Old Aug 1, 2009 | 10:08 PM
  #1  
01montesf's Avatar
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Default Dealership Question

If a car dealership goes out of business because of insurance fraud, what happens to the cars on the lot? Do they automatically have a salvaged title?
 
Old Aug 1, 2009 | 10:27 PM
  #2  
MAMONTE's Avatar

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No, they are auctioned off, or bought back by the manufacture. Wait a second though...are we talking new cars or used/ fixed cars from wrecks that are on a dealer lot? If thats the case, thats a good question...IDK
 
Old Aug 1, 2009 | 10:34 PM
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Budsjlm's Avatar
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u from mn? denny hecker?...no becuase the only way it would be a salvage title is of the car was totaled but was rebuilt to manufacture specs
 
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