If your car is in high demand, you may be able to sell it closer to retail. Lower demand or less-than-perfect condition must be discounted to sell. If you ask full Kelley Blue Book retail for an average car, you may never sell it. Typically, somewhere between retail and wholesale is what you can expect (NADA lists trade-in value instead of wholesale value).
2006 mitsubishi lancer Who can go to one? Because of the risk involved, insurance salvage auto auctions are only open to car dealers that have a valid license. But, you can become friends with a local dealer that might take you along with them to their next auction. 9 times out of 10 they’ll charge you a fee though.
The next technique is to be very thorough and meticulous in inspecting potential autos you want to bid on. Do not end your inspection just by looking at the auto’s exterior but instead, make it a point to inspect its parts, interiors, and the engine. Many salvage cars have figured in vehicular accidents so you want to make sure that the one you pick is still in a very good condition. If possible, bring a mechanic with you when going to an auction, unless if you are very knowledgeable about vehicles.
One of the best methods that you can use when shopping for deals in auto parts is to check out all of your local junkyards and salvage yards. This type of business discounts the prices of these products drastically – mostly because of the fact that the parts are used, and they have so many to offer to the consumer in need of them. Generally, you can elect to have the parts that you need pulled, or you can save a few extra bucks by pulling the items needed yourself. For example, at one point, my radiator cracked and I needed a new one. The local parts stores average price was right around $75.00. However, I went to a local junkyard, had them pull the part for me, and paid only $15.00. In addition to the radiator, the salvage yard also threw in the hoses. Now, how is that for savings?
Dealers car prices are available for negotiation at any time during year. It often happens that people end up paying more when waiting for a sale time. At that time lots of people are shopping for cars and looking for deals so dealers can get away with calculating to whom they should sell car.
1) During weekdays, Tuesdays and Wednesdays. Middle of the week, no rush, both you and a dealer will be more relaxed. Because there was no rush and probably only a 1-2 sales have been made the dealer might offer you a better price.
Besides all of this, when you sell off your old junkie to a cash for car company, you won’t be held responsible if it breakdown after it is purchased. If you sell your old junkie to individuals and dealers, you will need to provide a contract stating that the buyer will buy the vehicle in the condition it is in. You will be protected from legal problems if the vehicle doesn’t perform well after you have sold it off and transferred its ownership. But, there is no need for such a contract if you sell your vehicle to ‘cash for cars’ company. They take your vehicle as it is, in whatever the condition it is in.
Second, when you are shopping at a salvage auto auction you can literally cut the price of what you would pay at a dealer in half. This is because the dealer would have bought the vehicle and marked it up to twice what was paid for the vehicle. This gives them some negotiating room so that they can still make a profit if you get them to drop the price by 25%. You can avoid all this and just go to the salvage auto auction yourself.
You will be surprised at the service you receive from these suppliers. It is impeccable and once you are happy with what you get for the first time, you can forget about buying spare parts that are new forever, just call up your import auto salvage supplier and he will grant your wish.
The type of show — What kind of vehicles are you interested in featuring at your show? Classic cars? Muscle cars? Vehicles from one manufacturer such as Buick, Packard or Toyota? Larger shows tend to have the greatest variety of vehicles on display. Determine the number of vehicles you want to have on hand and plan accordingly.