Value Of Damaged Cars

The question of how much a damaged car is worth still continues

. Few think of these as pure crap whereas some think of it as an investment. Nowadays more and more people and re-builders are purchasing such cars junkyards and online auctions from across the country. The value of such cars is not subjective as much people think or as some insurance companies attempt to assert. Such cars may either be reclaimed cars or rebuilt cars which are salvage titled.

The newer the car is the greater is the disparity between the on going retail price as marketed by the car dealers versus when sold by the individuals.

The most important thing here is to determine the amount of a damaged car. You will also have to determine whether such a car is repairable or not. For this it is better to take a car mechanic along with you so that you will be able to know whether it can be repaired or not. Alot of the damaged cars may not be able to be repaired. So it is better to be confirmed that the car you are investing in can be bought back to the running condition or not. One added advantage of bringing a car mechanic while buying an old damaged car is that you will also get an estimate on the repairing costs. You will be completely sure whether you can afford the car and the cost of its repairing too.

The money that you save on such a car can be spent on remodelling it. And you will be able to get a car of your choice. Another reason why one should go for such cars is that you will not have to worry about the amount of money you spend on it. The owner of such a car will not quote the car at a higher price. So you will get a very affordable deal.

Such cars are perfect when you are buying your son or daughter their first car. Even if they crash it somehow you will loose alot. You have spent minimum on such a car and replacing it is not a big deal. All you have to do is to be sure what kind of damaged car you are looking for. You can easily locate such cars at private sales, at junkyards or even at insurance offices. The damaged cars that are under the possession of insurance offices are those cars whose repairing charges are more than the original car price.

by: chandan000

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