How to Buy Cars at Vehicle Salvage Auctions?

Answer Buying vehicles, vans, boats, RVs and travel trailers at vehicle salvage auctions is a great way to economize and build a used car business. New reseller programs now permit anyone to bid and buy a... Read More »

Top Q&A For: How to Buy Cars at Vehicle Salvage Auctions

What license do you need to buy cars in auctions?

The general consensus is that a car dealer's license is required to buy cars at an auction, especially if that auction is an auction for dealers only. Every state has its own laws regarding the pur... Read More »

Disadvantages in Buying a Salvage Vehicle?

A car or truck is a salvage vehicle if the insurance company deemed it a total loss, often due to the estimation that the cost to repair the vehicle is more than its value. The vehicle likely has b... Read More »

Can a salvage title vehicle be insured?

Most insurance providers will insure a vehicle with a salvage title; there are usually special exclusions associated with insuring it. For example, the ability to insure the vehicle for more than b... Read More »

What is the value of a salvage vehicle?

A salvage vehicle is a vehicle that has incurred such severe damage that the cost of repairs exceeds a percentage of the vehicle's cost designated by the insurance company as its salvage value. Thi... Read More »