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Branded title disclosure statement

Branded Title Disclosure Statement 2025

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The document is a Branded Title Disclosure Statement required by Wyoming law, mandating vehicle owners or dealers to disclose any title brands (such as non-repairable, flood, salvage, or rebuilt salvage) before selling or trading a motor vehicle. It outlines the consequences of failing to provide accurate information and includes sections for both seller and buyer to acknowledge the title brand.

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What does a branded title indicate?

Key Takeaways. A branded title indicates that a car was once declared a total loss or comes with some other major problem. Cars with branded titles have been repaired or rebuilt and sold. A branded title can mean the car was damaged in a flood, its odometer was rolled back, or it was involved in a major accident.

Can you finance a car with a branded title?

Are you even able to secure financing on a vehicle with a branded title? Most lenders will not do that.

Should I avoid buying a car with a branded title?

As a general rule, salvage or branded title vehicles are a bad idea for anyone who needs to ask this question. In fact, it is a bad idea for most people. There are situations where it may make sense, but most people who end up buying these ``deals likely make an uninformed decision.

Can I sell my car with a branded title?

Selling your car with a branded title is difficult, but not impossible. While there is apprehension from prospective buyers, the key to selling your branded car is doing everything in your power as a seller to alleviate any apprehension on the buyers part.

Does a branded title affect trade in value?

Potential mechanical issues may arise that are difficult to detect, resulting in costly repairs. Furthermore, vehicles with branded titles may be priced 20% to 40% below the Kelley Blue Book value of comparable vehicles with a clean title, which could result in a lower resale value.

How much less should you pay for a branded title?

A branded title can mean the car was damaged in a flood, its odometer was rolled back, or it was involved in a major accident. Vehicles with branded titles may cost 20% to 40% less than the Kelley Blue Book value of the same cars with a clean title.

Is it a bad idea to buy a car with a branded title?

Branded title or salvage title card are generally bad purchases for your average consumer. In most situations, the cost to repair the car exceeded the cost of the car. Thus, when the car is repaired and sold as branded title, chances are the person who did the repairs took short cuts.

Branded Title Disclosure Statement 2025

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