Flash Auctions
Try out our new feature. Be fast. Save Big!

Should I Consider Salvage Motor Auctions for Vehicle Parts?

Date: 10/15/2015 |Category: Car Auctions

Are you rebuilding a vehicle? If so, then you’ve probably run into the problem of not being able to find certain parts that you need, or if you can find the parts, they are too expensive to buy through the manufacturer. Even some parts resellers can have high prices.

You might want to consider salvage auctions to find what you need. These types of auctions have a number of benefits.

Benefits of Salvage Car Auctions

One of the great things about salvage car auctions is that you can find all sorts of different parts for a variety of vehicles including cars, trucks, motorcycles, and boats. In some cases, you can even find ATVs.

While many of these vehicles are still in decent shape and only need to have some repairs before they can receive a new title and get back out on the road, other vehicles are in a worse state of disrepair. This means that it would simply cost too much to resurrect the vehicles. However, that doesn’t mean that they don’t still have some great and usable parts on them.

Another benefit of salvage motor auctions is the price that you will pay. Even when you are buying an entire vehicle for a few parts, you can sometimes get them for a very low price. This is often the case with vehicles that are beyond normal repair.

Most people who are buying at salvage auctions are looking for vehicles that only need to have a little bit of work before they can get on the road. This is true of other bidders like you and dealers who are buying for their stock. Essentially, this means you will have less competition when you are buying through salvage auctions, and that translates to a lower overall price.

You will also be able to save time. You will no longer have to continue calling up stores and dealers trying to find the part you need. It will be on the vehicle. You can find the parts you need for your current repair, and you can keep all of the other quality parts for any potential future repairs you might need to make.

If you plan to resell any of the parts that you bought and aren’t going to use, you have to make sure that you have copies of your receipt of purchase to show that they are not stolen. This is also true when you are putting parts in the vehicle you are rebuilding. Keep a paper trail of everything so you do not run into trouble. Make copies.

Those who decide to sell the parts they don’t need may actually find that selling them piecemeal can net them more than what they spent on the salvage vehicle in the first place. While that might not always be the case, there is some potential profit to be made with these vehicles. Also, you can always sell some of the items for scrap. Again, this helps cut down on your expenses.

Buying Smart

Of course, this does not mean that every single vehicle available through salvage auctions is a good buy for you. Not only do you need to make sure that the vehicle is the right make and model, but you also need to consider what damage the vehicle has. It would not do you any good to buy a vehicle for the transmission if the vehicle has a wrecked one, for example. Just as anyone should do when buying through an online auction, check into the vehicle’s history to understand what is wrong with the car and what parts are not going to be usable.

When you do your research, you will be able to make smart decisions about your purchases through the salvage auctions. It can be a fantastic way to get the parts you need while saving – and in some cases, making – money.

Explore our Vehicle Auctions, as well as finding more information about How These Auctions Work.

Auto Auction Specialist Used car expert The largest salvage & insurance vehicle auction marketplace online.
Bid on over 200,000 vehicles for sale right now.
1-800-680-8010

Ready to get started?

Register a free user account and start bidding on your dream car right now!

Sign up for free

Unfortunately we are not in the office right now

Let us call you back during our business hours

Thank you!
We will contact you on:

{{cbTime}}am {{cbWeekday}}

{{phoneNumber}}

Ok, got it!
We speak your language:
English, Spanish, Portugeese and Russian
< Back
  • User Registration
    • Do I need to register to bid?
    • Do I have to pay to register?
    • What information do I need to provide to register?
    • What are the rules regarding new customers and customers not in good standing?
    • I do not have a dealer license; can I bid or buy a car?
    • Can I just buy one car?
  • Auction Process
    • Do you offer live bidding?
    • What is the difference between, “auction” car, and a “buy now” car?
    • What is a Reserve Price?
    • What does the bid amount include?
    • How does the auction process work?
  • Deposits and Pre-Bidding
    • Is the security deposit refundable?
    • How do international customers make a deposit in their account?
    • How does the security deposit process work?
    • Can I cancel a bid?
    • Can I inspect vehicles prior to auction?
    • Is automatic bidding or pre-bidding available?
    • What is the total bidding amount?
    • What is a bid in active status?
    • What is a bid in pending status?
    • What is the best way to win an auction?
    • How do I search for a car available at auction?
    • How does the auction process work?
  • Post-Auction and Payments
    • What does a customer need to do to get the title to a vehicle?
    • How do I pick up the car I purchased?
    • Are there storage fees if I cannot pick up my vehicle immediately?
    • Do you Issue Temporary Plates?
    • Can I pay in cash?
    • Are there late payment penalties?
    • What are the payment terms?
    • How do I pay for an auction?
    • What if I fail to may a payment as required?
    • When is the balance due on a purchase?
    • When will I be notified of the results of the auction?
    • Bidding has ended. Is my bid the highest?
    • Why did I receive notice after bidding ended that my bid is no longer the highest?
  • Shipping and Delivery
    • How will it be mailed to me?
    • When will I receive the title?
    • Can I have the title mailed to an address/name different from the address/name on my account?
    • I have an agent working on my behalf can this person pick up my vehicle?
    • Do you offer delivery?
    • When can I pick up a car I have won at auction?
  • Understanding Salvage Titles
    • What is NMVTIS and how is it used?
    • Understanding the salvage title/rebuilt title distinction
    • What are the different types of titles a vehicle may have?
    • I received a different type of title than the one in the description. I received an equivalent title from a different state. Why?