By John - May 22nd, 2012 06:51 AM
Salvaged vehicles offer numerous advantages to the money-conscious consumer. With some careful research, you will likely find a car that offers the same reliability as a used vehicle and leaves you with extra money in your pocket. Here are the top-five reasons to purchase a salvaged vehicle:
- Affordability.
When you consider the value for money spent, salvaged vehicles outshine the competition. For instance, you might spend $1,000 on a slightly damaged, salvaged vehicle that would otherwise cost $6,000 or more as a clean-titled car. After investing in any necessary repairs—like paint and bodywork—your salvaged vehicle will run as well as its clean-titled counterparts, for a fraction of the cost.
- Near-Mint Condition.
With a near-endless selection and unparalleled customer support offered by specialists like Salvage World Auctions, you can find salvaged vehicles in like-new condition.
Here’s why:
Insurance companies deem cars salvaged when the repair cost exceeds 50 to 75% of the vehicle’s value. An older car might be salvaged simply for cosmetic reasons because it costs less than a newer model. You can easily find mechanically-sound salvaged vehicles in near-mint condition, especially if you invest in slightly-older makes.
- Turn a Profit.
Many of the parts in these like-new salvage cars remain undamaged and are reusable. Mechanics might invest in salvage vehicles, dismantle them, and extract and resell their workable parts—for a profit.
- Refurbishments
Salvaged vehicles offer car aficionados and hobbyists the prime opportunity to purchase and refurbish their dream car. Plus, salvaged car parts cost far less than new replacement components, making refurbishments even more appealing.
- Environmentally-Friendly
Salvaged vehicle purchases actually act as a form of recycling. Some unwanted salvaged vehicles might end up in junkyards. If not properly handled, these cars can leak toxic chemicals and fumes.
In these challenging economic times, don't ignore salvaged vehicles as a car-buying option. Through savvy professional support and a few weekends at the garage, you can attain a nice car for an even nicer price.
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