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.
As the graphs show, the initial purchase price on a stolen and recovered vehicle can save you thousands from the beginning but that’s not the end of its benefits. Buying a stolen and recovered vehicle can often times help you buy a newer vehicle with more options… all for less money than its clean-titled counterpart! Additionally, stolen and recovered vehicles depreciate at a slower rate than traditional vehicles because their value has already dropped.
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.
Broadmoor Motors will buy it back from you
Not all Theft Recovered vehicles have a salvage-title, some will have clean-title
BMG honors factory warranties on qualifying vehicles, even though factory warranty is void due to salvage status
Financing is available for Theft Recovery Vehicles. Ask our salesmen for more info
Clearwater Warranty is backed by BMG, and the price is still considerably lower than a clean no story vehicle at a different dealer.
OUR PLEDGE TO YOU
At , we work hard to make our customers happy, as well as to gain their trust and support for life.
Therefore, you can be assured that we will not hide or try to withhold any important information regarding our vehicles’ history just to make a sale. Our reputation precedes us, and our transparency with each customer encourages us to build relationships on honesty, trust, and protection.