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Multiple factors to consider.
Why does it have a rebuilt title?
If accident, what was broken? Physically inspect it.
I take it this is private party or a third party car dealer? Toyota/Scion dealerships would put that straight to auction or be selling it for less than $10k.
You could get one with a clean title with the same mileage for the same price. They're expecting you to either be gullible or price negotiate.
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