Knowledge Base Tag: Auction Terminology
- What does an “Odometer Rollback” title mean?
- What does “Bonded Title” mean?
- Do titles with a “Certificate of Destruction” that say “for Export Only” refer to exporting out of the state or out of the country?
- What does it mean if the motorcycle has no title?
- If the title says “Texas Original,” can it be registered in the US?
- What does it mean when a car is sold “as is, where is”?
- What does “Nevada Salvage Title” mean?
- What does “Salvage Rebuildable” mean in the title?
- What does “Auction Verification – Not Specified” mean?
- What does “Self-Load unit” mean?
- What does “Certificate of Destruction” mean?
- How can I be sure that a car runs and drives?
- What does “Clean Title (may become a salvage vehicle after ownership is transferred as per NMVTIS regulations)” mean?
- What does the damage type “Water/Flood” mean?
- “Engine starts” — does this mean the car starts but cannot drive?
