Slight variation there Fred....
1998, My first BGT (YB) was totaled by the insurance
company...
www.teglerizer.com/mgstuff/yb_description.htm
I never let them take possession or store it.
I bought back the 'wreck' (cheap! very cheap)
So they just deducted that from the settlement check.
The title never changed from the original issue.
I used all the parts to redo OBie, my present daily
driver, then sold the remnants of YB (the wreck)
to a fellow up in Boiling Springs PA who used the
bulk of the parts to finish off a Heritage Shell.
Paul Tegler ptegler@cablespeed.com
www.teglerizer.com
----- Original Message -----
From: "Fred Thomas" <vafred@erols.com>
To: "Nolan Penney" <npenney@erols.com>; "David A. Schenck"
<DavidASchenck@home.com>
Cc: <spitfires@autox.team.net>
Sent: Sunday, February 18, 2001 7:33 AM
Subject: Re: Maryland Car Laws
>
> Maryland as well as many other states does have a "Salvage
Title", when a
> car has be totaled-out by a insurance company, the
reassignment on the new
> title will be "Salvage" where the previous title # would
normanlly be, if
> you total your own car and want to buy it back from your
insurer, you can
> but, with a "salvage title" reissued, "Every used parts
dealer/junk
> yard/salvage yard "MUST" have a title for "Every" vechicle
on his property.
> Maryland as well as many other states also have a dealers
license for
> "Salvage Dealer" the same as a license for used car
dealer. Many salvage
> yards, auction yards, or other business places that deal
in these cars also
> have ways of having a salvage title washed-out and having
another title
> issued through another state without the "salvage"
designation. The largest
> "salvage' auction is held weekly in Brandywine on route
301, and yes you
> have to have a dealers lincense to buy at these auctions,
but not from a
> junk yard, the yard David dealt with just wanted to part
out the car would
> be my guess. "FT"
|