What To Look For In A Salvage Car Auction

What To Look For In A Salvage Car Auction



A salvage car auction may be also advertised as​ insurance car auction. What you should know is​ that a​ salvage car auction has absolutely nothing to​ do with the​ normal auctions - public, government or​ wholesale.

Salvage car auction venues offer cars that have been collected and​ rebuilt by the​ insurance companies in​ some cases, while in​ order they are sold in​ their damaged condition. Normally you can reach a​ price with 20% to​ 50% cheaper than the​ regular price of​ the​ car you are looking for. in​ some cases, the​ cars being sold at​ salvage car auction places might have just a​ minor problem but in​ most of​ the​ cases, these cars have suffered a​ serious damage.

The main problem with cars being sold at​ a​ salvage car auction is​ that these cars are usually damaged to​ an​ extend that a​ regular car buyer cannot properly asses. That is​ why it​ is​ strongly recommended that only experienced professionals buy from these auctions. if​ you are not one, than get somebody along with you when going to​ bid on a​ salvage car auction. On the​ other hand, if​ you are looking for​ a​ car just because of​ the​ spare parts than you should not care that much. Just check if​ the​ parts you are interested in​ are in​ order and​ of​ course be careful with the​ price you will have to​ pay. as​ you may guess, there is​ no need to​ pay a​ prices closer to​ the​ regular price of​ the​ spare parts you are buying the​ car for.

For the​ same reason described above is​ a​ must that you perform a​ proper check of​ the​ car you want to​ purchase and​ second - to​ check the​ vehicle history report. a​ car might look in​ good condition but it​ might has been seriously rebuild or​ repaired in​ a​ way that will cause you troubles later. Even after you have repaired the​ car, you should ask for​ a​ complete check by a​ car company to​ ensure that all in​ your car is​ in​ complete order.

The rest of​ the​ usually checks that are done when buying a​ car are still a​ must - you should read carefully all the​ paperwork involved, check the​ VIN numbers and​ the​ car history.

Be prepared for​ the​ inconveniences that you might experience later in​ case you have bough a​ rebuilt car from a​ salvage car auction. the​ fact that a​ car has been rebuilt stays in​ its record. Cars that have been rebuilt are not favorite to​ insurance companies or​ banks. in​ addition, even if​ the​ car you are purchasing is​ still under the​ manufacturers warranty period, this warranty might be voided in​ case the​ car has been rebuilt. So never, rely on the​ fact that "the car is​ still in​ the​ warranty period..."

Finally, this is​ what we would advise the​ regular car hunters - try another car auction and​ leave the​ salvaged car auction venues to​ the​ professionals. it​ is​ worth neither the​ hassle nor the​ risk buying from a​ salvaged car auction just to​ save a​ minor amount of​ money.




You Might Also Like:




No comments:

Powered by Blogger.