What if your vehicle gets stolen?

11Past9 · 11-07-2009, 12:38 AM

I was wondering... what if your car gets stolen, damaged a bit and then recovered?

If you have full coverage and the damage and or missing parts don't total it out does it still get a theft recovery title? Which obviously drops the value dramatically...

What if it gets stolen, and recovered and nothings wrong with it or minor things are wrong with it? Does it become a theft recovery titled car?

Heinzftw · 11-07-2009, 04:50 AM

Theft recovery is also known as salvage title. I honestly don't know much about the subject, just throwing that out there.

Turbo>NA · 11-07-2009, 09:21 PM

you go find it

jibaholic101 · 11-07-2009, 09:39 PM

i honestly wouldnt want the car back if that happened

stickypaws · 11-07-2009, 09:47 PM

Yeah, if I walk out the door somewhere and noticed my car's gone, I'm not rushing to the phone right away. The longer the time passes, the less chance they'll find it. If somebody takes my car, they can keep it. I don't want it back. Just give me my insurance money, please.

moveswiftly · 11-07-2009, 10:08 PM

your car isn't stolen
=)
it's playing hide / seek with you
hehehe.

11Past9 · 11-08-2009, 10:59 AM

What I am wondering is if you get it back, and it's not totalled from stuff being damaged, or taken off it does it automatically become a theft salvage title and you get to have it back? Or does it only get a theft recovery title if it gets totaled out and when that happens you don't have to take it back just get the insurance money.

Spec 1 · 11-09-2009, 12:06 PM

Quote:

Originally Posted by Heinzftw

Theft recovery is also known as salvage title. I honestly don't know much about the subject, just throwing that out there.

No it's not. They are seperate things.

Quote:

Originally Posted by 11Past9

What I am wondering is if you get it back, and it's not totalled from stuff being damaged, or taken off it does it automatically become a theft salvage title and you get to have it back? Or does it only get a theft recovery title if it gets totaled out and when that happens you don't have to take it back just get the insurance money.

No it does not. A salvaged vehicle is a vehicle that has been totalled and then repaired or "salvaged". If your vehicle is recovered with no damage and no money is paid out on that car by your insurance company, you will go back to things as they always were.

The idea that a theft recovery = salvaged title comes from your car being stolen for an extended amount of time, and the insurance company paying out for a total loss (the value of the car). If the vehicle is then recovered afterwards, the title will get a salvage marking due to it being "totalled out". There are ways to remove salvage titles in most states.

11-07-2009, 12:38 AM	#1
11Past9 First Lieutenant 201 Rep 307 Posts Drives: A stolen one Join Date: Mar 2009 Location: U.S.A. iTrader: (0)	What if your vehicle gets stolen? I was wondering... what if your car gets stolen, damaged a bit and then recovered? If you have full coverage and the damage and or missing parts don't total it out does it still get a theft recovery title? Which obviously drops the value dramatically... What if it gets stolen, and recovered and nothings wrong with it or minor things are wrong with it? Does it become a theft recovery titled car? __________________ gentle now the tender breeze blows, whispers through my Gran Torino, whistling another tired song, engine humms and bitter dreams grow, heart locked in a Gran Torino, it beats a lonely rhythm all night long
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11-07-2009, 09:21 PM	#3
Turbo>NA xbox gamertag: HuGeBluEmOnKeY 263 Rep 3,757 Posts Drives: M-Sport LCI Join Date: Aug 2008 Location: SoCal (626) iTrader: (2)	you go find it __________________ E92 335i alpine white \| black dokota \| auto \| zpp \| zsp \| heated \| iPod - ltbmw : vorsteiner : linea corsa : h&r : k&n : e92-lighting : expectalot-vinyl - --GONE--
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11-07-2009, 09:39 PM	#4
jibaholic101 Brigadier General 169 Rep 3,496 Posts Drives: women wild Join Date: Nov 2008 Location: Charleston, SC iTrader: (0)	i honestly wouldnt want the car back if that happened __________________ some italian, german, and japanese ones; and on order more of the same
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11-07-2009, 09:47 PM	#5
stickypaws Dictator 55 Rep 1,811 Posts Drives: people crazy Join Date: Mar 2008 Location: where you want to be iTrader: (0)	Yeah, if I walk out the door somewhere and noticed my car's gone, I'm not rushing to the phone right away. The longer the time passes, the less chance they'll find it. If somebody takes my car, they can keep it. I don't want it back. Just give me my insurance money, please.
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11-07-2009, 10:08 PM	#6
moveswiftly Colonel 390 Rep 2,926 Posts Drives: Cayman GT4, 135i Join Date: Apr 2008 Location: NJ iTrader: (12) Garage List 2012 335iS [0.00]	your car isn't stolen =) it's playing hide / seek with you hehehe. __________________ Current: M2CS Gone but not forgotten: Cayman GT4, M2C, 2011 135i, E83 X3 6MT, 2016 SO M3, 2012 335iS, 2010 135i and 2006 e90 325xi
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11-08-2009, 10:59 AM	#7
11Past9 First Lieutenant 201 Rep 307 Posts Drives: A stolen one Join Date: Mar 2009 Location: U.S.A. iTrader: (0)	What I am wondering is if you get it back, and it's not totalled from stuff being damaged, or taken off it does it automatically become a theft salvage title and you get to have it back? Or does it only get a theft recovery title if it gets totaled out and when that happens you don't have to take it back just get the insurance money. __________________ gentle now the tender breeze blows, whispers through my Gran Torino, whistling another tired song, engine humms and bitter dreams grow, heart locked in a Gran Torino, it beats a lonely rhythm all night long
	Appreciate 0 Quote