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Pros Of Buying A Salvaged Vehicle - Autos - Nairaland

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Pros Of Buying A Salvaged Vehicle by ercmediacorp: 3:51pm On Dec 16, 2019
You’ll likely get it at a deal. Having a salvage title is a clear path to getting a discount when buying a vehicle. If you know what you want, know what’s wrong with the vehicle, and know what you’re doing under the hood (or know someone who knows what they’re doing under the hood), a salvage titled-vehicle can usually be bought at a significant discount.

The vehicle may not be in that bad of a condition. Insurance companies place a salvage title on a vehicle for multiple reasons, including accident, flooding or fire. One overlooked, but very real reason an insurer pops a salvage tag on an auto, is that the previous owner asked them to do so. This happens after negotiations on a claim come to a point where the owner doesn’t want the vehicle anymore, and has the insurer take it away as a salvage model. Insurers, by and large, will gladly do so to avoid paying out a big claim that the insured owner might make. In that case, the vehicle may be in better shape than a buyer may think. That’s why it’s so important to know why a salvage title has been placed on a car.

To settle quickly, you’ll get even a better deal. Once an insurer has a salvaged car or truck in its possession, it will likely want to get rid of it quickly. In any sales scenario, the urge for a quick sale means a big decline in the vehicle’s price, and that’s leverage a buyer can take advantage of.

If you do buy a salvaged vehicle with the intent to rebuild, repair and resell it, don’t try to hide the fact that it actually is a vehicle with a salvage title on it. The buyer is bound to find out anyway when he or she tries to get the vehicle insured, inspects the title, or by accessing a vehicle history report.

Be upfront about a salvaged vehicle and you’ll likely have a cleaner, more honest auto sale experience

Contact one of our trusted dealers today!!
https://www.eliterebuildablecars.com/

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