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Old 09-28-2020, 12:15 AM   #1
New Member
Join Date: Sep 2020
Location: Colorado
Posts: 6
Rebuilt Title Affecting Potential Resale Value

Hey all,

I found a bus I really like - 2000 e450 shuttle bus, 7.3l and 24' long with 83k miles for $6k asking. All seemed well until mentioned it had a rebuilt title, which was a red flag considering it wasn't originally stated in the listing and we had been discussing the bus for a couple days at that point.

I'm waiting to see the Carfax, hopefully that will tell if the odometer has been reset etc. I was told that the damage was only cosmetic and was on the side of the vehicle, not the front. Currently shows no damage at all besides some mild paint issues around the top.

My question is, how much would a rebuilt title affect potential resale value down the line? Since I have access to highly skilled tradesmen in my family, I'm planning on trying to do a very quality conversion with nice woods etc. I'm hoping to get at least a few years of personal use and have the option to one day sell the bus and use the money as a down payment on a house. So I am weary of the rebuilt title.
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Old 09-28-2020, 12:35 AM   #2
Bus Crazy
Join Date: Sep 2013
Location: Virginia
Posts: 1,973
Year: None
Coachwork: None
Chassis: None
Engine: None
Rated Cap: None
Resale value is the least of your worries. You don't build a skoolie for resale value. But a rebuilt / salvage title can cause big insurance problems or a complete inability to get coverage at all.

"CHEESE_WAGON" <anomaly.va@gmail.com>

Former owner - 1989 Ford B700 64-pass Blue Bird
(Rest In Peace, Cheese Wagon)
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Old 09-28-2020, 12:38 AM   #3
Bus Nut
Join Date: Aug 2020
Location: Mesa, AZ
Posts: 281
Year: 2003
Coachwork: Blue Bird All American
Engine: 8.3 Cummins
Rated Cap: 2 adults and two pigeons
Exactly what Cheese said.

Found my Bus at AAAbus in Phx!
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Old 09-28-2020, 01:30 AM   #4
Bus Crazy
Join Date: Nov 2016
Posts: 1,937
And, forget resale value, house deposit pipe dream.

Make it nice because you want it nice, for while you're using it.

Efforts beyond that will not "pay off" economically
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Old 09-28-2020, 06:18 AM   #5
Bus Geek
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Location: Columbus Ohio
Posts: 14,156
Year: 1991
Coachwork: Carpenter
Chassis: International 3800
Engine: DTA360 / MT643
Rated Cap: 7 Row Handicap
To get a decent resale on a skoolie in my opinion it needs to be exceptional and unique.. sorry but a shuttle won’t wow people in the least as far as a down the line buyer.

Now using the rebuilt salvage as a negotiator will. A shuttle like that isn’t a 6 k bus on a good day. Offer him 3, if he takes it out the other 3 you would r spent in an investment to start your house fund..
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Old 09-28-2020, 08:04 AM   #6
Bus Nut
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Join Date: Jul 2020
Location: Sacramento
Posts: 509
Year: 1999
Never EVER believe a seller about WHY a vehicle has a salvage title.
I see first hand in my neighbors shops how they cut cars in half and half-ass weld them back together. And also replace dash with lower mileage odometers. I've also fixed 'totaled' cars that nothing but the radio cut out of the dash. It really depends on the value, the more it has the more damage they can fix.
It is a good way to get a 20-30% price reduction as a buyer, but same deal for the next buyer too (when you sell).
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Old 09-28-2020, 11:15 AM   #7
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Join Date: Jun 2015
Location: Wisconsin
Posts: 1,070
Year: 2001
Coachwork: Bluebird
Chassis: All American
Engine: 8.3 Cummins ISC
Rated Cap: 75
Are you sure it isn't "incomplete chassis" ? If so, that is completely normal for a cutaway bus like that. Very different from a salvage title.
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