Those who are looking to save an extraordinary amount of money when they purchase a vehicle will often look toward salvage vehicles. Every year, there are approximately three million vehicles designated as salvage in the United States. Due to the volume of these cars available and the realities of the salvage designation, these vehicles can oftentimes be purchased for pennies on the dollar.
Of course, if you want to save money through buying salvage cars, you need to know how to get your hands on them. This is something that can actually prove somewhat difficult if you don’t have a dealer’s license. However, if you know what to do and where to look, you should find that it’s possible to buy salvage cars at auction without a dealer’s license.
The Question of In-Person Dealer Auctions
When you think of buying a salvage car at auction, you likely think about checking out one of the many in-person dealer auctions taking place near you. Sure enough, these auctions are places where you can buy salvage cars. However, it’s important to note that the majority of these in-person dealer auctions are closed to the public.
Therefore, if you wish to participate in these auctions without a dealer’s license, then there is one option available to you. You can hire an auction broker to bid on your behalf. However, you will need to pay this broker for his or her services, and you will be subject to any terms and conditions he or she sets forth.
Online Car Auctions: The Major Services
Many things have moved online these days, including auctions for salvage cars. In fact, if you were to conduct an online search for salvage car auctions, you’d likely come across some big players like Adesa, Manheim and Copart.
The same problem as with in-person dealer auctions persists with these services, though. Namely, most auctions provided through these services are for dealers only. You can, of course, hire an auction broker to bid in these auctions on your behalf, but the same drawbacks to this hold true.
Online Car Auctions that Are Open to the Public
The aforementioned major providers of online salvage car auctions are no longer the only players in town. In fact, there are now a number of online car auction websites that are open to the public. They are able to conduct business with regular consumers because they are able to list vehicles on their site from certain dealer-only auction houses (other than Manheim and Adesa) so that you get access to this inventory at great prices.
Buy Salvage Cars in Online Dealer Auctions Today
Because of this development, it is now much easier than it ever has been before to buy salvage cars without a dealer’s license! No longer do you need to pay for an auction broker to bid on your behalf. Instead, you need only sign up for an online car auction site that’s open to the public. After that, you merely need to begin browsing the extensive inventory of cars available, finding one that’s right for your needs and budget.