Thanks to unbelievably low prices, salvage cars are garnering the attention of a fast increasing number of buyers who turn to them to buy at affordable prices. That said, if you are looking to buy a salvage car through car auctions in Dallas, Texas or any other place, it is important for you to be fully aware of different types of salvage vehicles as well as all that goes into bringing them back on the road. That’s exactly what we will cover in this blog post, starting with the basics. Read on.
Types of Salvage Vehicles
When looking to participate in a salvage auto auction in Dallas, Texas, first of all you should be aware about the various titles you may find. These include:
Fire Damaged – This title is given to vehicles that are damaged by fire and may not be within the scope of restoration. Such vehicles are generally used to salvage parts.
Owner Retained – This title is given to vehicles that are declared as “total loss” by their insurance companies but their owners choose to retain their possession and ownership.
Salvage – This title is generally given to damaged vehicles whose estimated repair costs are more than their respective jurisdiction-defined percentage of retail prices.
Junk – This title is given to severely damaged cars that are generally intended to be scrapped or parted out by the auction yard.
Tips to Buy a Salvage Car
Buying a salvage car and getting it restored can offer great value for money, but for that to happen, you need to proceed with caution. Here are some tips to help you land a great deal through salvage car auctions in Dallas, Texas:
- Shortlist at least a few options before you set out to buy a salvage car
- Once you have found a suitable option, find out the exact damage it has received by getting it inspected by an auto mechanic.
- Check the insurability and premium of the vehicle, and its resale value should you plan to sell it in the future.
- Before you sign on the dotted lines, be sure to check the vehicle’s title history report and its maintenance records
The Last Word
Whether you are looking to buy a car through salvage car auctions in Texas or any other part of the US, look no further than AutoBidMaster. Since our inception, we have been committed to supplying unbeatable deals on salvage vehicles and helping wishful buyers bring home their favorite rides without having to break the bank. Register today to start bidding in our salvage auto auctions in Dallas, Texas. If you have any questions about our online car auctions in Dallas and other places, simply call: +1 (503) 298-4300 (Monday through Friday, 5:00 AM to 4:00 PM) or or click here to connect with our support team.
The post All You Need to Know About Salvage Title Cars in Texas appeared first on AutoBidMaster.