What is a theft Recovered Vehicle?

When a vehicle is stolen from its owner, the owner reports it to their insurance company, as well as law enforcement.

If the vehicle has not been found and recovered within a specific period of time set forth by the auto insurance company, they will disburse payment to the owner within a short period of time.

Based on the policy of the insurance company regarding the stolen vehicle’s title, the title could stay CLEAN or be converted into a SALVAGE title.

Here, at Broadmoor Motors Sales, we prefer theft-recovered vehicles with SALVAGE titles because, unlike a theft-recovered vehicle with a CLEAN title, we can offer you a vehicle at a significantly lower price.

Example

If the clean title vehicle someone purchased for $25,000 would be expected to depreciate $5,000 in a certain time frame based on the market, the stolen and recovered salvage title vehicle you bought for $19,997 and already saved $5,000 on the purchase price would have only lost $4,000 of its value based on the same market! Meaning, when you’re ready to sell it, it will have retained more of its value than a clean title AND you would have saved yourself $7,000 over buying the clean title vehicle after depreciation.

Concerns about the value of this vehicle when it's time to resell it?

We understand that vehicles with a negative history report are more difficult to resell or trade-in for another vehicle in this market, and this is why we want to offer you top dollar for your vehicle when you are ready for a new one. We will take it as a trade-in for another vehicle of your choice or just buy it back from you even if you buy elsewhere. Since we already know the history of this vehicle, and we also have the original pictures of this vehicle when it was sold to us, we are not afraid to stand behind it after a second sale.