Vehicle salvage - a profitable business
I have been interviewing several people over the last month to find out what people actually think of vehicle salvage and i have come to the conclusion that most people have a misconceived idea of vehicle salvage.
The general thought is that vehicle salvage deals in junk or scrap metal, like you see in the movies in scrap yards and the image of the big metal cube or cars with car parts missing or hanging off. I am glad to tell you that it is not, and some vehicle salvage out there is the same as a second hand car but for a less price (often quarter).
Take the car in the image, this was a vehicle which was vehicle salvage, a very nice Daewoo with little damage. This is currently on SalvageSpareFinder, with minimal damage and for around a quater of its value. A profit to be made i think.
Yes some vehicle salvage is not so good and can only be used for car pars, but other vehicle salvage can be a profitable business. Vehicle Salvage comes in several categories and SalvageSpareFinder only deals in C, D and X. All these categories are 100% repairable and will in most cases make a good profit. Category C means it is repairable and profitable but the vehicle has more damage than category D. Category D means the vehicle will generate more profit because the amount spent on fixing it and buying it is less than the value before the accident, thus a greater profit can be gained.
Category X is the ultimate in vehicle salvage since it is recovered stolen vehicles or not registered as been in a accident, thus there is minimal damage, if any to the vehicle, and you can sell for more money than the previous categories.
Categories A and B are only good for salvaging vehicle parts and car parts and fixing them up is not a option since it would cost more than the pre-accident value
Right for all those confused people out there (who though vehicle salvage was a metal cube) I hope i have made it clear what vehicle salvage actually is
For more information on vehicle salvage guidelines visit SalvageSparefinder (or click the link)
