Buying cars in auto salvage auctions

Accident cars, stolen cars form the box of auto salvage. Cars which are not in their showroom glamour, rather much distorted and damage are also high in demand. Especially for the car dealers, manufacturers and offshore buyers. It is for these people that insurance companies salvage damaged cars. There are online and offline auctions held regularly in all countries to sell out these cars.

Auto salvage is a profitable business proposition as a number of companies and dealers are engaged in it. There are classifications of cars like, auto salvage beyond repair and repairable salvage. Though all cars have insurance, often it is found that restoring a car would cost much more than the insurance value. It is then that these cars are sent to salvage yard or junk yard from where bidders can bid the prices and get away with these cars.

Not all cars are beyond repair. Though the possibility can not be ruled out that, cars which claim to have minimum damage may actually bear a real drawback. Yet there are possibilities to get some good cars in affordable prices. If the car is beyond repair, then also the parts can be recycled and reused to make another car. Thus foreign parts can be incorporated in cars manufactured in ones own country. This is why manufacturers of Nigeria look for USA salvaged cars.

Yet there is another thorn in the rose. These cars are unclaimed but the legal documents are with the original owner. So even after buying you have to strive to get the legal ownership of the car.