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:

 

Rochester Auto Salvage Yard - Wareham Week

Rochester Auto Salvage Yard
Wareham Week
UPPER CAPE COMMERCIAL agent Jim Berry listed for sale on the Rochester/West Wareham line an AUTO SALVAGE YARD. Situated on 5+ acres with an 11,800 sq. ft. building in prime Southeastern MA location. All permits in place for this successful .

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Tugboats tow Costa Concordia cruise ship wreck to scrap yard
Italy's once-luxurious Costa Concordia cruise liner embarked on its last voyage on Wednesday, as tug boats began towing it from island wreck site to scrapyard grave in one of the biggest salvage operations in maritime history. ''It's hard not to get emotional,'' said Franco Porcellacchia, an engineer with ship owner Costa Crociere. ''Today, Giglio is once again ours,'' a local man, visibly ...


Agents find several stolen cars after raiding Wellston salvage yard
WELLSTON, MO (KTVI)EUR State and local police involved in a raid find several reported stolen cars at a salvage yard. Fox 2 obtained exclusive video of the police investigation at a business in Wellston. Scrap Solutions is located near Sutter and Page, right next to the St. Louis County Police. The owner is Paul Thornton, [EUR¦]..


Car stories galore at Cruisin' Night - Finger Lakes Times

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It has gray flame paint, a custom interior, chrome wheels and under the open hood sat a 427-cubic-inch Ford engine with two four-barrel carburetors. Hagadorn grew up south of Waterloo where his Dad owned a 40-acre auto salvage yard. EURœI was into cars .

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Police: Man tries to pass counterfeit bill at auto salvage yard - WFMZ Allentown

Police: Man tries to pass counterfeit bill at auto salvage yard
WFMZ Allentown
An Allentown man tried to pass a fake $100 bill at an Allentown used auto parts company, police said. The incident happened on Monday around 9:30 a.m. at Harry's U Pull It at 1213 N. Plymouth Street. According to police documents, 54-year-old Victor MB .

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Costa Concordia nears end of final voyage to scrap yard
By Paola Balsomini GENOA Italy (Reuters) - The wreck of the Costa Concordia arrived on Sunday off the northern Italian city of Genoa where it will be broken up for scrap, two-and-a-half years after the cruise liner ran aground and sank near the Tuscan island of Giglio, killing 32 people. Prime Minister Matteo Renzi is expected in Genoa later on Sunday to hail the completion of the operation ...


If you've driven on Jefferson Davis Highway, then you've probably seen this salvage yard
People are voicing their concerns about B & W Salvage yard on Jefferson Davis Highway. The business has been in town for more than 50 years, but some folks believe the property hasnt been properly maintained. ..


Police: Man tries to pass counterfeit bill at auto salvage yard
An Allentown man tried to pass a fake $100 bill at an Allentown used auto parts company, police said. The incident happened on Monday around 9:30 a.m. at Harry's U Pull It at 1213 N. Plymouth Street According to police documents, 54-year-old Victor MB Gonzales of 420 N. Railroad Street picked out items to buy at Harry's, then tried to pay for them with a counterfeit $100. Harry's employee Neil ...


Auto salvage company gets Williams Township zoning OK for upgrade - Allentown Morning Call

Auto salvage company gets Williams Township zoning OK for upgrade
Allentown Morning Call
A Williams Township auto salvage company cleared several zoning hurdles Wednesday in its effort to modernize and streamline an operation that dates to the late 1940s. Easton Auto Salvage owner Rick Cozze went before the township Zoning Hearing .

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