Q:

Where can you find salvage cars for sale by auction?

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Quick Answer

Find salvage cars for sale by auction on sites such as Copart, Salvage Bid, eRepairables and eBay. Each site requires users to create an account in order to verify buyer identity and process payments for winning bids electronically.

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Where can you find salvage cars for sale by auction?
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Full Answer

Purchasing a salvage car through an auction is a common way to obtain a damaged car at a deeply discounted price. Some of the most important considerations when buying any salvage car are its condition and the buyer's intent for the car, both of which are closely intertwined. For example, if the buyer wants to purchase a salvage car to repair and resell, he or she should look for cars in the best condition possible or only in need of less serious repairs. Alternatively, the general condition doesn't matter as much as its completeness for a buyer looking to purchase a salvage car to harvest its parts for individual sales.

Purchasing a car through an auction site functions in the same way as doing so at a physical auction. The buyer locates a lot that he or she is interested in and places a bid for any value above the current highest bid. At the time the auction closes, the user with the highest bid purchases the car at that price.

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