What is Salvage title?

Could a Salvage Dealer Auction Be Right for You?

By Mike Richards Updated: 07/26/2022 Posted: 05/16/2017

Most people like to save some money when it comes to buying vehicles. This is true whether you are buying a vehicle for yourself, or you are a dealer who is buying cars for the lot to resell. Others might like the idea of getting their hands on a vehicle that they can fix up and drive because they love the process. The same is true for those who enjoy classic cars, but who want to rebuild them on their own. If you are looking to buy, you might want to consider a salvage dealer auction.

If you aren’t a dealer, you might be wondering just how you could possibly buy from a salvage dealer auction. In the past, this would not usually be possible. However, there is a way to bypass this problem and get access to some great salvage vehicles that are just what you want to buy. It is easier than you might think, too. Since vehicle auctions are often available on the web, it is possible to work with dealers who have licenses and who can then provide you with access. You can check the inventory in the auctions and then place bids.

In fact, with some of the companies, it is possible to set your budget and have them bid on your behalf. This makes it even easier for you, as you will not have to keep watching the auction to see if you are the highest bidder. It also ensures that you do not overbid on a vehicle.

What Are the Benefits to You?

As mentioned, the huge savings are one of the top benefits that you can get when you buy from a salvage dealer auction. It can be a great option for many, even when the vehicle is not running and has no chance of getting back on the road. You could always use it for the spare parts that you need. If you always wanted to have a classic car, you could get one through the auction and then rebuild it on your own. You might even want to get a second car for the extra parts.

In some cases, the salvage vehicles are already in good condition and they might be ready to drive. This happens when most of the damage is cosmetic. You can have that repaired, inspect the vehicle and get your salvage or rebuilt title, and then get insurance. It is not much more difficult than buying a used car, but there are sometimes a few more steps if they need repairs.

A salvage dealer auction can be a fantastic choice for those who want to get a vehicle without spending a lot of money. Just because it is salvage does not mean that the vehicle is at the end of its life. Take the time to find a quality, legitimate dealer that can provide you with access to the auctions and that can help you bid and then ship the vehicle to you.