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Helpful Tips On How To Buy Salvage Vehicles Through Salvage Auctions

By Alexo - July 30th, 2013 01:14 AM

Is this question " how to buy salvage cars from insurance companies " lurking in your head? If yes, then let me give you some tips "how." Before we proceed let me tell you that " you can't buy a salvage car direct from insurance companies" but, there is ANOTHER WAY to do it.

Do you want to know what is the other way? It is through local auctions at some salvage yards or companies who sell salvage vehicles. These companies are registered and licensed to do Salvage Auction to customers dreaming to own a salvage car. So, here are some tips on how to buy that car through salvage auctions:

GO and pay the Insurance Company a visit

The Insurance Company will not sell the vehicle directly to you but they can tell you where the car is sent to for auction. So, you can inquire with them what kind of salvage vehicles they have and where they are all located.

Visit the Salvage Dealer

After knowing the location of those salvage cars, you can then pay the salvage site a visit. The best way for you to visit the salvage dealer/site is by attending an auction and bid on your chosen car.

Make a great offer to the car that you choose

You need to offer the best price in an auction to win the car that you like. BUT make sure that the offer is equivalent to the total amount of money you need to spend for the repair of the vehicle - meaning: don't bid too high because you still need to consider the cost of repair that you're going to spend for the car. You might end up losing instead of saving $$$.

Pay the required down payment

You must be ready to pay the required down payment for your car in order for the salvage dealer to submit your offer to the insurance company.

Once your offer is accepted by the Insurance Company, the salvage dealer will then inform you about it.

To be secured that you are only dealing with a licensed and reliable salvage car auction company, go to Salvage World. They are known to be a trusted company when it comes to salvage vehicle auctions.

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