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Should I Consider Salvage Motor Auctions for Vehicle Parts?

By Mike Richards Updated: 08/10/2017 Posted: 10/15/2015

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.

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