Why a Salvage Car is Perfect for Your Teenaged Driver

Every parent with a child that has carried a driver’s license knows the stress of having them take out the car on a Friday night. With other friends as distractions, new driving skills, and oftentimes a lesser grasp of the cost of repairs, it can be harrowing to let them take off with your pristine automobile.
If your child has hit the driving age, it might be worth it to take a look at salvage cars auctions online when finding the most affordable and low-risk hunk of metal for your young one. This can also help them become more comfortable behind the wheel. There’s nothing more anxiety inducing than getting a scratch on your father’s prized possession, after all.
What is a Salvage Car?
A salvage car differs from any ordinary motor vehicle by a key distinction. Insurance companies will give a car a salvage title when the cost of repairs exceeds the value of the car. This doesn’t always mean that the car has been in an accident. There are many different reasons that a car may have a salvage title. In addition to non-operable or non-repairable cars, the automobile might have flood damage, hail damage, be recovered from theft, or vandalized.
How do Salvage Auctions Work?
Salvage car auctions online work much like other auction sites, such as eBay. Bidders will enter an amount that they are willing to pay, and then an auto-bidding system does the work of offering and counter-offering until they either win or lose the bidding war. Regardless of how high a bid is placed, the auto bids only increase each bid by a minimum bid increment above the competition. A seller’s minimum sale threshold is preserved by not allowing a bidder to purchase the vehicle until the a minimum reserve price is met.
What Dangers Come with Salvage Cars?
Salvage cars come at a low price, but that’s also because they do impose some risk on the buyer and require you to put in your research. The work is worth it as these cars often come at two-thirds the price of regular cars. Let’s cover a few tips to ensure you minimize your risk and get value out of your purchase. See the DMV’s salvage car buying tips for further info.
• Take the vehicle to your mechanic. A mechanic will be able to do an accurate review and tell you whether or not there is structural or mechanical damage that overshadows the low price.
• Get the original repair estimate. This will show you exactly how much the original damage cost and help you assess the true nature of the damage to the vehicle.
• Purchase from a reputable seller. Make sure that you are working with a salvage company or an owner who isn’t trying to simply pass off a heap of metal.
Salvage cars can be great for first-time drivers or individuals on a budget. Even originally high-priced vehicles can be found for only a fraction of their original cost, allowing buyers to find a car that suits their needs at a price that makes it hard to pass up.