10 days and the division will issue a salvage title for a fee of $5. The seller of a vehicle for which a junking certificate has been applied for or issued shall disclose such fact in writing to any prospective buyers before sale of such vehicle; otherwise the sale shall be voidable at the option of the buyer. VEHICLE/OBTAINING A VEHICLE IDENTIFICATION NUMBER PLATE. To start, you’ll need to purchase a Vehicle Examination Certificate* (Form DOR-551) by providing a check or money order for $25 plus $6 processing fee, payable to “Department of Revenue”: Once you have the form in hand, visit one of the certified salvage examination sites in Missouri for your inspection. Such junking certificate may be granted within thirty days of the submission of a request. Don’t lose this certificate! 7. Rebuilt Titles in Different States. P.O. It looks like a great deal until you see a notation on the car’s title: Salvage. All titles and certificates required to be received by scrap metal operators from nonlicensees shall be forwarded by the operator to the director of revenue within ten days of the receipt of the vehicle or parts. You’ll have to get your salvage car inspected in Missouri BEFORE applying for a prior salvage title, regardless of whether you had to make repairs to the vehicle. For any vehicle issued a junking certificate or such similar document or classification pursuant to the laws of another state, regardless of whether such designation has been subsequently changed by law in any other state, the department shall only issue a junking certificate, and a salvage certificate of title or original certificate of ownership shall not thereafter be issued for such vehicle. See Missouri Laws 301.010. Notwithstanding the provisions of subsection 1 of this section, an insurance company which settles a claim for a stolen vehicle may apply for and shall be issued a negotiable salvage certificate of title without the payment of any fee upon proper application within thirty days after settlement of the claim for such stolen vehicle. On vehicles purchased during a year that is more than six years after the manufacturer’s model year designation for such vehicle, then application for a salvage title shall be optional on the part of the purchaser. Upon receipt of title application, applicable fee, the completed inspection, and the return of any previously issued negotiable salvage certificate, the director shall issue an original title with no salvage or prior salvage designation. The term “salvage” means that an insurance company has declared a vehicle a total loss. What is a Salvage Vehicle? The Department of Revenue’s requirements for obtaining a title for a total loss car will depend on whether the vehicle is operable OR non-operable. If the motor vehicle is inoperable and at least twenty model years old, then the scrap metal operator shall not be required to verify with the department of revenue whether the motor vehicle is subject to any recorded security interests or liens. A vehicle can receive a rebuilt title brand if it’s been declared a total loss … Most vehicles won’t ever become a salvage vehicle. However, you run a little scanning, and two words are written in a small paper face you: ‘Salvage Title’. 2. The MO DOR may require two types of inspections to be conducted in different situations, such as a vehicle emissions inspection , vehicle safety inspection and a VIN inspection . A car is given a salvage title if the insurance company declares it a total loss. It looks decent, and the price is by far tempting. Even though the insurance companies might have totaled the car and declared it as a loss, there could still be plenty of miles left in the vehicle, and those who choose to buy a salvage title, or to keep a vehicle that has been totaled, can … The Missouri Department of Revenue will implement this change with applications for title received on August 28, 2007. Title fee: $8.50 (quick titles are additional $5.) The rules are fairly similar in most jurisdictions, though. *NOTE: The state also provides a sample form for you to review before requesting one. No scrap metal operator shall acquire or purchase a motor vehicle or parts thereof without, at the time of such acquisition, receiving the original certificate of ownership or salvage certificate of title or junking certificate from the seller of the vehicle or parts, unless the seller is a licensee under sections 301.219 to 301.221. Designation as a Salvage Vehicle Companies that insure vehicles in Missouri can designate a car as a total loss and change its title designation to “salvage” when the cost of repairing damages exceeds 80 percent of the fair market value of the vehicle prior to the event. Damaged, Scrapped, Dismantled or Demolished. Box 100 Jefferson City, MO 65105-0100 (573) 526-3669. Remember that your title is mailed to the address on record, so if you moved or listed your parents address then the title might be there. Applying for a prior salvage title is no easy feat! In lieu of forwarding certificates of title or ownership for such motor vehicles as required by subsection 5 of this section, the scrap metal operator shall forward a copy of the seller’s state identification card along with a bill of sale to the department of revenue. However, if you have restored a salvage vehicle and would like to apply for a rebuilt salvage title, you will have to submit the car to a thorough examination. However, if the insurance company upon recovery of a stolen vehicle determines that the stolen vehicle has not sustained damage to the extent that the vehicle would have otherwise been declared a salvage vehicle pursuant to section 301.010, then the insurance company may have the vehicle inspected by the Missouri state highway patrol, or other law enforcement agency authorized by the director of revenue, in accordance with the inspection provisions of subsection 9 of section 301.190. A Salvage Vehicle does not include a vehicle that qualifies as a collector's item, horseless carriage, or street rod vehicle under article 12 of this title at the time of damage. Whenever a vehicle is sold for destruction and a salvage certificate of title, junking certificate, or certificate of ownership exists, the seller, if licensed under sections 301.217 to 301.221, shall forward the certificate to the director of revenue within ten days, with the notation of the date sold for destruction and the name of the purchaser clearly shown on the face of the certificate. Keep reading for more. Salvage title laws do vary state-to-state, and it's always advisable to know the facts in your state on a salvage title car before you buy one. © 1999 - 2021 DMV.ORG. If your car is determined to meet the total loss criteria at the end of the claim process, you can accept: Make sure to speak with your insurance company about the finer implications of the settlements above. The director of the department of revenue is directed to promulgate rules and regulations to implement and administer the provisions of this section, including but not limited to, the development of a uniform bill of sale. Typically, once a vehicle’s title has been branded as salvage, it will never go back to the way it was titled before. Look in your home filing cabinet or safety deposit box. What Does Salvage Mean? See Missouri Laws 301.010, (a) Was damaged during a year that is no more than six years after the manufacturer's model year designation for such vehicle to the extent that the total cost of repairs to rebuild or reconstruct the vehicle to its condition immediately before it was damaged for legal operation on the roads or highways exceeds eighty percent of the fair market value of the vehicle immediately preceding the time it was damaged.
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