Rebuilt Title Affecting Potential Resale Value
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.