Salvage car auction deals
48Anytime can be considered a good time to pick up a cheap car, but in today’s world at the current time a cheap motor is even more welcomed. To the point if you know cars sales especially auction sales you may be aware that occassionaly you can pick up a sound vehicle at a good price.
If you go to a government run auction things get a little better as they need to offload their vehicles in a timely fashion. Vehicles that have been impounded due to fraud or tax irregularities, or involvement in criminal activities.
But there is another type of auction known as a salvage car auction. These are run by the insurance industry and prices are considerably lower than at all other auctions. Why? Because the autos are considered to be beyond repair. And it’s true some are but others aren’t.
If you know what you are looking at salvage car auctions can be great places to pick up a bargain. Some of the autos just need a little bit of body repair and a paint job. Some will need a little repair but the engine and electrical circuits will be very sound. If you can find and salvage car auctions in your area go to them at once.
- Salvage car auctions updated Wed Oct 28 2009 12:28 pm CDT
Used motors have increased in price as the number of new car sales has slumped dramatically. - 2 months ago
Can I Make Money From Salvage Car Auctions
Only if you know what you are doing. There will be a lot of mechanics, dealers and car breakers attending. If you are prepared to bid higher than them, there is a reason for them stopping. They have stopped bidding as there is no profit margin left. If you are thinking of getting into this game to make money, you would be wise to go along to a few auctions without bidding. Just speculate. The line between profit and loss is very slim. You have to be shifting massive quantities of car parts regularly before any profit is seen.
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