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The Purpose Of The Salvage Car Auction - 2 views

started by game gautruc on 22 Apr 16
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    Salvage car auctions are becoming big thuoc chua ung thu vu business in America today. In today's more ecologically considerate world where Reduce, Re-use, Recycle has become a catch phrase, recycling of salvage vehicles has become a major player in saving our ecology. The salvage car auction offers a great way for salvage yards to buy damaged vehicles for their recycling purposes. Most generally these salvaged vehicles are taken back to salvage yard and parted out before the left over husk of the vehicle is crushed and generally sent off to be melted down to make new metal products. Thus the lawn chairs sitting on your patio, in another life, could have been your first car that you wrecked on prom night.

    What Is A Salvage Car Auction thuoc chua ung thu tuyen tuy

    So what is a salvage car auction? Basically most of the vehicles brought up for sale at a salvage car auction are from insurance claims. When a car is involved in an accident, the insurance company takes a look at the damage to the vehicle and other factors such as the age of the car and the Kelly Blue Book value. If the estimated cost of repairs to the vehicle is more than the value the insurance company assigns to it, then the vehicle is considered totaled and the insurance company buys the vehicle and salvages it.

    The interesting point to all this is that insurance thuoc chua ung thu tuyen tien liet companies then sell these cars at a salvage car auction and these cars can be bought very inexpensively. What makes this such a great deal is that, while most of the cars that come through a salvage car auction are destroyed beyond repair, some vehicles with very minor damage are considered totaled due to the age of the vehicle or the expense of a particular repair. Many times a summer hailstorm near a new car lot will result in a huge loss for the insurance company and a large number of cars that are mechanically sound but suffer from cosmetic damages. What does this mean for you?

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