Salvaged Vehicles Save You Money

Most people don’t even know what the words salvaged vehicle means. When you first say it, they think of a car or truck sitting in a junk yard rusting away. This may be true to a point, however, what kind of salvaged vehicle I speak of is a whole new kind. Let me explain. The average person would not think about driving a car that…well, was wrecked then salvaged. With the newer cars and trucks that are involved in accidents everyday and get salvaged all the time thanks to our high cost of labor at the dealers for repairs. You can be driving one of them (after being repaired) for super cheap. You see, insurance companies have a standard way of doing their estimations of repairs for the vehicles that are in an accident. They have to replace all the broken parts with what is called OEM parts that come from the dealers who get them from the manufacturer. With the labor rate of our union workers, the parts are out of site in cost to repair a vehicle back to the insurances standards. Not to mention the labor rates at a dealerships body shop for repairs as well. So when a vehicle costs more than 75% of the book value to be repaired, they just total the car and have it salvaged. The Insurance Company then writes a check out to the owner for the amount the vehicle is worth at the time of the accident.

Now this brings us to why salvaged vehicles save you money. You see, a vehicle can be repaired for a lot less than what is quoted from Insurance companies. (You wonder why we pay so much for insurance.) The parts that are readily available are much like going shopping for anything else. There are choices for parts with better prices and they will do the job just as well as OEM parts. Why pay $300-$400 dollars for a fender on a car when you can get one just as good for $50 dollars. See the savings? This is just one aspect of the whole deal. You can save thousands of dollars when repairing a salvaged vehicle. If you can’t do the work, then let the Pro people do it. So next time you are looking for a good used car, think real hard on finding a newer low mile salvaged car that can be repaired. It will save you a lot of money.

Why Buy Salvage Cars Or a Rebuildable Cars Rather Than Used Automobiles?

In these tough financial times we are all looking for a bargain whether it is on groceries or cars. To be a wise consumer one must carefully examine all options especially when it comes to large purchases such as a vehicle. Sadly when it comes to buying a used car many often overlook the “salvage” option merely because they have the wrong idea of what these cars are and what that title represents. While salvage cars don’t have the best reputation by many, understanding how they got that way may change your mind. Cars that have been given these titles are generally those that the insurance company had claimed would cost more to repair than the vehicle is worth. Oddly majority of the time they couldn’t be more wrong. Since those numbers tend to be based on estimated values compared to websites like Kelly Blue Book which often undervalue the actual prices. For example if a car that is several years old is involved in a heavy accident there’s a very good chance that the insurance company will decide that the repairs of this “used” vehicle will exceed the cars value, but more often then not the cars have no actual frame of engine damage.

The damage on most salvage cars for sale is merely superficial and will require body work and repainting which can be fixed in several days by professional repair shop. Nearly all Salvage Car Lots have an on-site repair shop which benefits the buyer because the lot will already have all the parts necessary to fix whatever car is being bough without having to order parts; further lowering the repair price. If not, then these dealers will recommend you to the correct specialist for your particular car. When adding the cost of the car and the repairs it’s easy to see that purchasing a salvage car and getting it fixed is always cheaper then purchasing the same vehicle from a used car lot. A car costing anywhere from $15,000 to $20,000 at a used car dealership can easily be purchased and repaired for around $10,000. When on a budget, whether you’re purchasing your first car, another one for the family or just searching for a bargain, don’t overlook a salvage car just because a naysayer has spoken. Browsing through your local salvage car dealer’s lot is probably the smartest place to start your search. You never know, you might just drive out of there in that red convertible Porsche of your dreams for a quarter of what you had expected to pay; remember bargain cars are everywhere just looking to be found.

Salvaging the Most Out of Your Dead Vehicle

If you have a car that is completely dead and would cost more to repair than what it is worth, then you can still make some money off of it. Even if the car is beyond repair, there are engine and body parts that are still functional and could be salvaged. There are auto mechanic shops, salvage yards, and many more who would be interested in buying those parts off of you. Don’t just give up and send it to the junk yard. They are simply going to take the car and do exactly what you can do. They are going to sell the parts to any individuals who come there looking for what is on your old car.

The engine

Even though part of the engine is dead doesn’t mean the entire thing is. The car battery may still be good, the alternator, air conditioning unit, belts, cam shaft, and so much more can be sold because these are items that are frequently sought out by individuals. So it is a good idea to take advantage of that by placing a sign in front of your yard or an ad in the paper. That is if you know how to safely remove the car parts on your own. If you do, then you can maximize your profit on the car because many individuals seek out salvage engine parts before they will go to the auto parts store and buy new ones.

The body

The body of the car is also a money maker for you. Just like engine parts break down and need replaced, body components are damaged for a number of reasons. A person can damage their car in a wreck, someone can purposely inflict damage on their car, or their car can become physically damaged during a natural disaster. In these cases, doors, hoods, trunks, side panels, fenders, and even the wheels and tires are needed to fix those damaged areas. They can easily have the spare body parts installed on their car and refinished to look like nothing ever happened.

Need some help?

If you do not know how to remove the parts yourself, then you can employ the help of someone who does. You may have to pay that individual, but you can still make money with the auto salvage parts of your car. Don’t just simply sell it for a few hundred dollars. You can certainly get a lot more out of it if you sell it piece by piece. Then again, if you don’t have the time to sell the parts, then it might be in your best interest to take it to a salvage yard and allow them to buy it off of you. They will rebuild the car and sell it as a whole under a salvage title in order to make a profit after buying it off of you and replacing the parts of it that were defective or damaged.

No matter which route you decide to take, you can make your dead vehicle a profitable one for you. Don’t simply throw a “for sale” sign on it and hope that someone who needs spare parts will buy the whole thing. Selling it in pieces will prove to be more profitable. However, even selling it to a salvage yard is going to be more profitable than some of the other alternatives, such as dropping it at a junk yard for them to make a profit off of your junk. Go ahead and get yourself a piece of the pie. You bought the vehicle and you cared for it, so it is only fair that you are able to get something out of it in the end.