Salvage Cars at Online Auctions: Eliminating 4 of the Common Misconceptions

Thousands of US citizens purchase cars from salvage auctions every year to suffice their traveling needs. In fact, salvage auctions have an exhaustive collection of skis, dirt bikes to industrial equipment available at pocket-friendly prices. However, there are too many misconceptions about the vehicles you get in salvage car auctions, which often stops buyers from even considering this platform, forget about securing a cheap deal. The blog debunks four common misconceptions related to salvage cars available at online auctions. Let’s begin. 

1. You Cannot Restore a Salvage Vehicle
Although a salvage car is usually a vehicle that has lost 70 percent of its market value, it can still hold value for many buyers. Moreover, not all salvage cars suffer the same damages, which means many of the cars have only minimal damages which can be restored before they hit the road. Flood damaged cars, for instance, may have more damages, and require a thorough inspection. However, some cars may have minimal damages, besides repossessed cars for sale that can be as good as new. 

2. Online Auctions are not for Beginners
Online salvage car auctions usually are a breeze to participate. In fact, organizers and owners of these websites understand a simple bidding process will attract more bidders to the online auction site. Many websites, in fact, provide shipping services, so that bidders don’t need to take the pain of arranging the transportation of the vehicle. The auction sites also provide detailed information such as the make and model about the selected vehicle. 

3. You Don’t Get What You See
You can personally inspect your chosen vehicle before you decide to bid on it online. You might have to bear a nominal fee for visiting the salvage yard to ensure that you receive what you see. Many websites organizing salvage auctions advice you to inspect the vehicle in advance so that you can secure a deal that is worth your time and money. You can also take the help of a professional mechanic - like an ASE certified one - if you don’t have enough knowledge about cars. 

4. Online Auctions only Offer Totaled Cars
Online auction sites offer everything from salvage, repossessed to clean title cars for sale. In fact, as bank repo cars are seized from customers delinquent with their payments, they are often in good condition, sometimes almost as good as a new car. As far as salvage cars are concerned, they do have damages, but many of them are repairable. You can even check the vehicle history, including the VIN number of the cars before you buying them. 

The Final Word
The “right” research can always help you find a great deal at online auction sites that offer salvage cars. Ensure that you bid through a credible website, as there are many websites that don’t really have the entire means to service the needs of bidders. It goes without saying that you’d want to look for a website with a huge inventory and that offers shipping services.