I am looking into purchasing a new sports car but have a question about titles. I was looking through the Carfax for the car and the title says it is clean. It was sold in California and registered in Wyoming. It then says after the title was issued that “A Salvage Title was issued for this vehicle in error and later corrected.” Following that is a “Title issued or updated.” This is then followed by the car being listed for sale at a dealer auction.
So the the vehicle was sold and registered within 30 days. However, the time between the title being issued and being updated was about 7 months. The car was then listed for sale about 2 months after. From being purchased to being sold at an auction the odometer had changed about 750 miles.
To me, it sounds kind of sketchy. I did some research on title washing and what not but from what I found, it sounds like Wyoming will update salvage titles, but will still issue them as rebranded or rebuilt. The title was issued and updated in Wyoming. I get that titles can get screwed up but combined with the amount of miles put on the vehicle and amount of time between title updates it just sounds bad. Not sure why someone would buy a vehicle just to sell it at an auction after 700 miles. Then again, I guess if it’s someone who just drove in town on the weekends and decided that it was too much of a pain then I could understand that.
What do you all think? Does this just sound shady or what?