News



September
27
2010

Salvage Car Auctions: how to Buy Stolen and Recovered Vehicles

Nowadays there is a good tendency of appearing more and more wrecking yards and consequently salvage car auctions where people can sell and buy cars and other vehicles of different models and make and save money on such deals if they purchase via public salvage car auctions or get some profits and cash if they sell their damaged vehicles.

To make it clear for you how salvage car auctions work we want to explain at first what are salvage autos in general and how you can buy one by appealing to salvage car auctions after all. Salvage cars are usually those which were claimed as worthless by insurance companies because their damages got during accidents were too severe and needed a good repairing and costs of a car’ value would never cover it. In this situation it is more profitable for insurance companies to claim a car as salvage one and then sell it to junk yards and get some money for it instead of getting nothing by towing such damaged cars to scrap yards. Besides such business is considered a profitable one because all parties involved in such deals – salvage yards and dealers, salvage title car owners, salvage car auctions and for sure insurance companies – get what they want eventually and do it in an economical and which is more important in a ecological way due to the fact that the growing number of scrap yards was one of the main ecological problems.

Nevertheless it should be definitely mentioned that not only worthless according to insurance companies but also stolen and then recovered by authorities cars get a salvage title and eventually appear to be put on car auctions which are very popular at the moment all over the country.

And we should also point out that stolen and then recovered cars are mostly in a good condition and operate better than damaged autos with the same title. Among stolen and recovered damaged vehicles can be found really decent cars of any model and make and which is more significant these cars can be practically new because thieves usually do not steal too damaged or used cars. In such way we can state that stolen and recovered savage title cars can be found in a perfect condition with few light damages like scratches or having few dents and that is all.

That is why there is no need to be afraid of buying a wrecked car with such history as being stolen and recovered because usually such cars are in a good condition and insurance companies put them on salvage car auction where you can check them thoroughly and bid with other participants for a right to become an owner of one of such salvageable autos.

How do salvage car auction work? Well, foremost a stolen and recovered car is towed to a salvage yard where experienced mechanics repair it if it is necessary and then put on a salvage car auction where every buyer can check it and then propose a price he/she is ready to pay for a certain salvage car during a public auction. Usually such salvage cars auctions are located in the territory of salvage yards or even can be carried out online by means of online brokers like COPART does or having their own websites with all offered salvage cars’ photos and initial prices on them.

It is up to you to decide to which auction to appeal – to public and walk-in or to online ones. But we advise to start from visiting public salvage cars auctions located in salvage yards. You see, it is not so easy to define what car is the most fitting for you especially if you are a newbie and can’t notice by yourself some hidden damages under a hood and can be easily fooled around by auto dealers who are ready to sell a car in any condition at a high price. Stolen and recovered cars offered in a great quantity should be without doubt checked by you right at salvage yards and in any case photos at online car auctions can’t give a full picture of a car’s condition especially can’t reveal its internal problems.
 

 

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