How Junk Yards And Salvage Yards Can Be A Source Of Bargain Vehicles

Junk yards offer vehicle owners a way to pick up cheap spare parts for their vehicle, and they also provide part of a method for getting a bargain vehicle in the first place. This is all made possible by the system which is in place for disposing of vehicles which are no longer roadworthy. This system is laid down by the state legislature and enforced by the insurance companies. When a vehicle has gone beyond the stage where it can be repaired, it is given a title of “scrap.” This title is permanent, and the vehicle can never be driven on a public road again.

The salvage title operates in a different way, and this can be the key to picking up bargain vehicles. When there is an accident, and a vehicle is damaged, the insurance company has to assess the expense of repairing the damage. If this estimate is above a certain percentage of the value of the vehicle, the insurance company will write the vehicle off. That percentage is typically around 75%, but it can vary from state to state. Salvage title vehicles are not permanently banned from public roads.

When a vehicle has been written off as salvage, the insurer then has the job of trying to get back what they can on the vehicle as quickly as possible. Occasionally, they will get lucky, because the owner will decide to buy out the insurance company and repair the vehicle at their own expense. More usually, the vehicles go for auction at specialist trade auctions which are not open to the public. The public can still bid at these auctions by appointing third parties to bid for them.

The salvage yards represent an opportunity to pick up a bargain vehicle, because most of the lots will sell at trade prices to dealers who are looking to make a profit. These prices are low, because many of the vehicles will be written off as unusable. The parts from these vehicles which are still in working order will be used to repair other vehicles. If you can pick up a vehicle from a car salvage auction, you can also repair it with parts from a junk yard.

Modern junk yards are far removed from those of the past. No longer are you expected to spend hours searching through the worn out wrecks of old vehicles looking for something you might possibly be able to use, as modern computer systems make everything easily available to you. The yards know that they can make quick and easy sales by making the buying process as easy as possible, and that is exactly what they do. You can easily pick up a bargain vehicle by buying from a salvage auction, and then repairing it with spares from junk yards.

 


 

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Salvage Yard News:

 

Crews battle fire at salvage yard in Milford
Fire crews are battling a large fire at a salvage yard in Milford. Large plumes of black smoke are rising from the scene and are visible throughout the area...


Fire occurs at Springfield Auto Salvage - Towanda Daily Review

Fire occurs at Springfield Auto Salvage
Towanda Daily Review
SPRINGFIELD TWP. - Fire broke out Monday morning at Springfield Auto Salvage on Springfield Road in Springfield Township. The fire burned about half a dozen tires and got into the structure a little, according to Troy Fire Chief Roy Vargson. Vargson .

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Dallas auto salvage man's vehicle theft case mired in inexplicable delays - Dallas Morning News

Dallas Morning News

Dallas auto salvage man's vehicle theft case mired in inexplicable delays
Dallas Morning News
Chris Nasrallah Jr. was arrested in 2008 after police found 17 stolen vehicles at his father's southern Dallas County salvage yard on Dowdy Ferry Road, some of which had been stripped of their engines and transmissions. A worker at the business told .

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Severe winds to hit Hoegh Osaka as salvage goes on - just-auto.com (subscription)

just-auto.com (subscription)

Severe winds to hit Hoegh Osaka as salvage goes on
just-auto.com (subscription)
Dramatically increasing windspeed is forecast to slam into the southern UK tomorrow afternoon (9 January), although maritime experts do not expect it to significantly hamper the car ship salvage operation currently under way. The 51,000t Hoegh Osaka .

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South Carolina secures another winning season with 24-21 win against Miami in Independence Bowl
South Carolina had a pretty dismal season, but at least it's a winning one...


Over a Dozen Cars Burn at Colorado Springs Salvage Yard
A fire broke out at the U-Pull-&-Pay auto yard near I-25 and Hwy. 85/87 around 4:00 pm on Saturday (12/20/14). CSFD says around 20 car were involved. Black smoke could be seen for miles. No injuries are reported. A cause is not known at this time, and the fire remains under investigation..


Multiple Fire Departments Battle Blaze At Milford Salvage Yard
Witnesses reported a number of explosions...


 

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