Salvage Cars at Auction – Getting it Right

Salvage is big business in a cash strapped World. Getting as much for your buck as possible is the way to maximise your profit on resale and buying salvage cars at auction can mean higher profits for businesses large and small. Discerning haulage contractors have made the best use of auction bargains for years and now smaller companies right down to the guy who just wants to buy a classic for spares are seeing the advantages of buying salvage cars at auction.

Online transactions are the most up to date way to go to get the best value when buying salvage. Information is key and getting as much of it as possible on each vehicle. Brochures or handout information on offer at the local car auction is usually cursory to say the least. Better detail is given online and through a professional and properly authorised auction broker. Seek out a good one and be exact about requirements to get the best short list.

Trawling every auction site in the country is impossible but by using the facilities available through an auto auction broker you can access the lowdown on hundreds of vehicles with concise damage reports. That way you know what you are getting; you know how much it is going to cost to ship; salvage cars at auction are way cheaper than buying a similar item as a used vehicle, even if it is borderline scrap.

Online brokers receive information directly from the insurance companies that supply the damaged vehicles. The volume of salvage cars at auction to choose from allows the buyer to be picky; to make a precise choice about the level of damage he is prepared to consider.

Small businesses are buying salvage cars at auction more and more as the recession bites deeper and some are buying in volume to ensure a supply of spares. Knowing the market is fundamental to making secure purchases and there is a wealth of valuable information through online services to support customers and help them make the right choices. Fees and security deposits are clearly laid out to avoid any nasty surprises and the range of salvage cars at auction that is listed is astounding.

Many auction customers look for the catch when buying salvage cars at auction. The fact is there is no catch; it is simply possible to buy at low, low prices when such volume is available. Taking full advantage of the opportunity to target specific vehicles and spares is just being sensible and using an online professional broker you can budget for all of your outlay before you begin. It is a transparent and easy to understand process and nothing like the old days wearing out shoe leather trawling used car lots and going cross eyed scanning newspaper classifieds, looking for a bargain that never appeared!

Always inspect credentials carefully when dealing with online companies and only part with personal details, especially banking details, when you are fully confident.

The Best Solution to Save Better – Car Salvage From Salvage Car Auctions

Accidents happen and can’t be avoided sometimes. Car accidents are no different. Most people will be in a car accident sometime in their life, and often the car is badly damaged. In some cases the cost of repair exceeds the value of the car. It’s at this time where car salvage may be your best option. Salvaging your car is where your vehicle is sold to an automotive salvage yard. The amount of cash you will receive depends often on the severity of the damage, and the make and model of your car. In some cases the price is predetermined regardless of the damage. Other times price is decided by the condition of the vehicle and how much demand there is for that particular make and model of the car.

Car salvage yards make their money on the parts of the vehicle that are not damaged. Sometimes the car salvaged parts are removed by the business and stocked. Other times they are left on the vehicle and are taken off by the consumer. Once the car has no available parts of any value, the remainder of the vehicle is sold to scrap metal yards and is recycled into other useable goods.

Owning and maintaining a vehicle is very expensive. There will always be times where your car requires service or replacement parts. Consumers have choices. They can chose to go to a dealer and pay premium rates for repair and also get new factory original parts. They also can go to a local garage and still pay labor costs plus the cost of new parts. Another choice is to go to an auto parts store, purchase the parts needed, and fix the vehicle themselves. If a consumer is out to save money, and is mechanically inclined, visiting a salvage yard may be the best option. Salvage cars contain many useable parts and often are the same quality and condition as new parts, but at a fraction of the cost. A consumer may be in need of something very small, such an s a door handles, or they may need an entire front end assembly. Either way, they may find the parts they need from a salvage car business. Some vehicles that are brought to an auto salvage business, contain just structural damage, but most of the parts are still very workable. The car can not be fixable but still have very good parts to be sold and reused. Salvage cars offer many reusable parts for lesser price than purchasing new ones. They also may be the answer to finding parts that may be unavailable at dealerships, or very expensive. Visiting a salvage car business can be fun, and often rewarding to people who want to keep their older cars running and looking good.

Car Salvage Options

It’s illegal to dump a car just anywhere, and the days when a junkyard would give you a tidy amount for its scrap value are long gone. If your car is well past its sell by date, only fit for parts or scrap, or simply costing too much to maintain and not worth spending money on, then search the internet or look through your local phone directory to find a scrap yard or car salvage company in your area who will be happy to take it off your hands.

Every year In the UK more than 2 million vehicles are discarded and end up in a scrap yard, they offer an easy solution to getting rid of a car that is too old to be sold on the market. Most yards also offer cash for your old vehicles so understanding the value of your scrap is important.

Don’t expect to get a fortune however, you might be lucky enough to get a few hundred pounds and may have no choice but to accept what is offered as there isn’t lots of choice when it comes to disposing of an unusable car safely. It can be difficult to work out how much your car is worth, the best way forward is to contact a few scrap yards in your locality for a quote – their offer will depend upon the distance they have to travel to reach you and quotes could differ significantly.

If your car is not totally damaged but will either cost too much to fix, has too much rust to repair or is full of dents from one too many accidents, then a car salvage company is a better option. If your car is simply not worth spending even the smallest amount of money on to get it fixed, then search for a salvage company to take it off your hands and earn yourself a few pounds into the bargain.

Primarily a salvage yard buys old and damaged cars and then either sells it on as a whole, even if it has sustained a lot of damage, or removes the parts that they consider to be salvageable and sells these as separate items. They are also a good option for those looking for spare parts to replace on their vehicles, such as a wing mirror or bumper damaged in a minor accident or a new battery or engine part, a salvage yard can generally provide the parts so you can make the repair yourself.

Car salvage is now taking off online and you can find parts, engines and batteries amongst other items to either replace older or damaged parts. In your search for a reputable company check through your local business directory and online yellow pages and make a list of those in your area. Be aware that the company will only generally pay a limited amount for a car depending whether the parts are in demand. Also there will be a charge if you need them to collect.

Once you have identified a few salvage yards, give them a call and ask for a quote over the phone. Using this method means you have the ability to use the given quotes in an attempt to bargain for a better deal and have the advantage of getting a better price.

If you feel your car is worth more than the offer of the car salvage company, you could try auctioning it on eBay. This opens up access to those buyers in your area who operate online only and can enable you to reach your target audience.

There are also other online auto salvage auctions that sell hundreds of cars to customers every week all over the UK and Europe. Due to an extensive network, some auction websites can even arrange to collect and store your vehicle until it is sold. Look online for online car salvage auction specialists.