Buying a New Car? Consider Salvaging

Buying a New Car? Consider Salvaging

There is nothing more exciting than buying a new or used car. You get to experience the excitement of test driving different makes, models and deciding which color is best for you. There is also that new car smell that we all love. But what about buying a salvage car? Most of us do not even consider buying one, however it could be very beneficial. A salvage car is a car that has been totaled or damaged to a point where is it considered worthless. The cost of fixing up a damaged car must exceed 75% of the pre-damage value in order for a state to consider it salvage. These cars are then given a salvage title by the state instead of the normal titles that you see for a new or used car.

Anyone can buy a salvage car but not everyone should. People who are mechanics, like to work on cars as a hobby, or know someone who can repair a car at a reasonable amount should buy a salvage car. Buying a salvage car could cost you less money than it would to buy a new or used car. So if you are able, doing most of the labor yourself can save you a considerable amount of money in the long run. But knowledge of repairing a car is not a must in order to purchase a salvage car. If you have a family member or a friend that's a mechanic and will fix the car for you at a good price you should buy one. Although it will take some time before you are able to drive the car, the amount of money you save may make it worth the wait.

Some people only buy salvage cars for the parts. For instance, if you were to have a car that needed a transmission and you found a savage car that had the same transmission you needed and was in good condition you may buy that car. Not only could you spend less on the car then you could on buying a new transmission but you could also take out other parts like the engine or tires if they were in good condition and keep them for the future. We never know when our cars are going to break down and with a salvage car you can have all the parts that you need at a very low cost. Make sure when buying a salvage car you check out the engine, transmission or other parts you need especially if the parts are the sole purpose of buying that car. If you are going to fix it up yourself make sure that the repairs needed are in your price range so you are able to fix it quickly.

Although buying a salvage car is a good alternative to buying new or used car it is still not for everyone. If you need to drive the car as soon as possible, a salvage car isn't for you because it takes time to make the necessary repairs. Also if you do not have any knowledge of cars and do not have someone you trust to fix it, don't buy it. You can easily be over-charged by the mechanic, especially if they realize you are not knowledgeable about cars. You could end up paying two or three times what you should. Buying a salvage car is a great alternative to buying a new or used car. You could save a lot of money just by taking a little time to make the necessary repairs.