2002 BMW 540iA M-Sport *PARTS TITLE*
12-26-2011, 08:33 AM
#11
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Re: 2002 BMW 540iA M-Sport *PARTS TITLE*
Nonrepairable Vehicles
If a nonrepairable certificate is issued, the vehicle may only be used for parts. It can never be titled, registered, or legally driven again in Virginia.
If you are the owner, you can declare your vehicle nonrepairable by submitting an Application for Non-Repairable Certificate to the DMV, and exchanging the title or salvage certificate for a nonrepairable certificate. There is no fee to do this.
If an insurance company declares a vehicle nonrepairable, it must apply for a nonrepairable certificate and submit the vehicles's salvage certificate or title within 15 days of payment of a claim. The insurer must also notify the DMV if an owner keeps a nonrepairable vehicle. The DMV will then cancel the title and issue a nonrepairable certificate to the owner(s).
It is illegal to sell a nonrepairable vehicle to anybody except a scrap metal processor, demolisher, salvage dealer, or vehicle removal operator.
You cannot use a nonrepairable certificate as a title to transfer ownership or to register a vehicle. Instead, use a bill of sale when transferring ownership.
If a nonrepairable certificate is issued, the vehicle may only be used for parts. It can never be titled, registered, or legally driven again in Virginia.
If you are the owner, you can declare your vehicle nonrepairable by submitting an Application for Non-Repairable Certificate to the DMV, and exchanging the title or salvage certificate for a nonrepairable certificate. There is no fee to do this.
If an insurance company declares a vehicle nonrepairable, it must apply for a nonrepairable certificate and submit the vehicles's salvage certificate or title within 15 days of payment of a claim. The insurer must also notify the DMV if an owner keeps a nonrepairable vehicle. The DMV will then cancel the title and issue a nonrepairable certificate to the owner(s).
It is illegal to sell a nonrepairable vehicle to anybody except a scrap metal processor, demolisher, salvage dealer, or vehicle removal operator.
You cannot use a nonrepairable certificate as a title to transfer ownership or to register a vehicle. Instead, use a bill of sale when transferring ownership.
12-30-2011, 12:58 PM
#12
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Re: 2002 BMW 540iA M-Sport *PARTS TITLE*
Well the car runs and drives fine. If someone wants to buy it they can. Its not my responsibility to figure out how to register it if you do try to do it but car is worth alot of money in parts for anyone who has the time.. Price drop to 3700 FIRM
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