Reconstructed title on a possible purchase - comments?

[dtuten@xxxxxxxxxxxx (Daniel Tuten)]

Howdy Folks -

I found an incredible deal on a '97 M3/4 through a division of the state of
Florida - it's a DEA confiscation, or a repo, or something along those
lines.  The car is apparently immaculate, has 6100 miles, *and* is a good
$8000 less than the cheapest car I've found up to this point!

Does anyone know of any long term consequences to owning this vehicle?  I
sent them an email, and they responded that the reconstructed title is
completely clear and is effectively a *new* title for the car.

I recently found a car-fax type info sheet a dealer had printed for me when
I was shopping for an RX7 - one of the items that is tracked with the car's
history is 'reconstructed title'.  I would just hate to be in a situation
where I was selling the car a few years down the road, only to learn the
history of the title makes it impossible to sell, or greatly devalues the
car.

Any input would be greatly appreciated, especially from anyone who has
purchased a car under this circumstance.

Seeya -

DT

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