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Report Abuse. When someone uses a rebuilt title for a vehicle, it means that the vehicle has been rebuilt from scratch and made drivable again. However, when buying such a vehicle, you would surely need detailed report on its insurance and license.That's where http://is.gd/VehicleHistoryReports may help you.eport Abuse. When someone uses a rebuilt title for a vehicle, it means that the vehicle has been rebuilt from scratch and made drivable again. However, when buying such a vehicle, you would surely need detailed report on its insurance and license.
 As for the cars value, yes the title does state,  reconstructed former salvage.  When you insure the car, you pay the same rate for insurance as  someone who has a clean title.  If you paid less for insurance it would indicate that the car  is worthless than another with a clean title.emember that a salvage title means that the car has  already been declared totaled and most likely it was an  insurance agency that did so. These vehicles have already been paid  out to someone and a vehicle that was paid out as totaled will not  be paid out again. Texas does not fully cover salvage vehicles.