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I have done this in the past, in the end you are not really saving that much more. You buy at discount and you sell at discount to a small market of buyers. Financing is usually non existent and some insurance companies will not insure it. You might run into issues with some warranty work or recalls as well. If you plan to sell this car in the future and it is a regular car, then I would stay away. This only makes sense if you want to buy a highly sought after car. For example a Supra, M3, STi, EVO as those will be desirable even with a branded title.
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