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May 23, 2008, Newsletter Issue #44: Buy Salvage Cars at Auction
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Tip of the Week
Often, local law enforcement and city and county governments will sell salvage cars at a public auction. You can check with local agencies to buy salvage cars at auction, usually at prices even below wholesale. Sometimes these cars have only minor damage that will not cost too much to be fixed.
Reputable auction houses will let you inspect the car before you make a bid and should note the car is from salvage. When you buy salvage cars at auction, you usually buy them "as is," meaning the auction house is not responsible for any problems or malfunctions with the car. Check out the auction house and the vehicle thoroughly and you could find a real bargain if you buy salvage cars at auction!
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