Knowledge Base Tag: Auction Terminology
- What does “Biohazard” mean in car auctions?
- Does “For Export Only” on a Certificate of Destruction mean out of the state or out of the country?
- What does “Bonus Time” mean during an auction?
- What does “NY MV-907A (must be reconstructed in NY)” mean, and can I register it in Michigan?
- What does “Not Specified – Vehicle Authentication” mean?
- What does “Auction Verification – Not Specified” mean?
- What does “Title: Pending for 30 Days” mean?
- What does “Sold on Approval” mean?
- What does “Auction Verification” mean for “Runs and Drives” or “Engine Start”?
- What does “May Become Salvage Upon Ownership Transfer” mean?
- Is the title “Texas Original” eligible for registration in the U.S.?
- What does “Reissue VIN Branding” mean?
- What does “Stationary” mean in vehicle auction verification?
- What does “WI CLEAR-IGNITE TBO” mean?
- What does the “TBO” title mean, and is it restricted to dealer bids only?
