Tag: Car Lot
January 26th, 2011
Salvage car auctions are becoming big business in America today. In todays more ecologically considerate world where Reduce, Re-use, Recycle has become a catch phrase, recycling of salvage vehicles has become a major player in saving our ecology. The salvage car auction offers a great way for salvage yards to buy damaged vehicles for their recycling purposes. Most generally these salvaged vehicles are taken back to salvage yard and parted out before the left over husk of the vehicle is crushed and generally sent off to be melted down to make new metal products. Thus the lawn chairs sitting on your patio, in another life, could have been your first car that you wrecked on prom night.
What Is A Salvage Car Auction?
So what is a salvage car auction? Basically most of the vehicles brought up for sale at a salvage car auction are from insurance claims. When a car is involved in an accident, the insurance company takes a look at the damage to the vehicle and other factors such as the age of the car and the Kelly Blue Book value. If the estimated cost of repairs to the vehicle is more than the value the insurance company assigns to it, then the vehicle is considered totaled and the insurance company buys the vehicle and salvages it.
The interesting point to all this is that insurance companies then sell these cars at a salvage car auction and these cars can be bought very inexpensively. What makes this such a great deal is that, while most of the cars that come thru a salvage car auction are destroyed beyond repair, some vehicles with very minor damage are considered totaled due to the age of the vehicle or the expense of a particular repair. Many times a summer hailstorm near a new car lot will result in a huge loss for the insurance company and a large number of cars that are mechanically sound but suffer from cosmetic damages. What does this mean for you?
What it means is that you can buy a new or nearly new vehicle for a very low investment at a salvage car auction so long as you can deal with the minor cosmetic flaws such as dinged paint or chipped windshields. So it is quite easy to see that salvage car auctions serve a purpose in our society and can make for some wonderful savings.
Tags: Blue Book Value, Business In America, Car Auction, Car Auctions, Car Lot, Car Salvage, Catch Phrase, Cosmetic Damages, Damaged Vehicles, Hailstorm, Insurance Claims, Kelly Blue Book, Kelly Blue Book Value, Salvage Auction, Salvage Auctions, Salvage Car, Salvage Cars, Salvage Vehicles, Salvage Yard, Salvage Yards
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September 1st, 2010
Who hasnt seen that popular depiction of a car salesman as a slick, smooth-talking con artist out to sell you what seems to be a serviceable enough automobile, only to have it break down as soon as you drive off the car lot? This scenario has been used in countless movies and comic strips; unfortunately its not very funny if you are on the receiving end of a lemon.
Were certainly not suggesting that all car dealers are unscrupulous hucksters lying in white for the next pigeon to come along but the sad reality is that there are people who, while not entirely deceitful, may “neglect” to mention hidden defects or slap you with a surprise bill for “additional” costs. Understanding your rights as a consumer and learning how to negotiate from a position of strength will go a long way in helping you get the best possible automobile deal for your money.
When you are first making inquiries at various automobile dealerships for a car you wish to purchase, take the opportunity to get a feel for the salesperson at each of the particular branches; to test drive them so to speak. It is important to take this crucial step before you get into the nitty-gritty of bargaining.
Trust your instincts; is this person someone you will want to deal with for such an important transaction? Do they inspire trust in you and make you feel comfortable? You will want to deal with a person who shows genuine concern about giving you what you need yet informed enough to suggest better alternatives.
On the other hand, if a salesperson is impatient or too insistent or possibly even downright rude, walk away; you dont need the aggravation and there are certainly many much more accommodating car dealerships that will help you out.
Make sure you test-drive your potential car as much as is reasonably necessary and ask all the questions you need to know no matter how trivial; a good salesperson will know that every little question is a legitimate concern and it is reasonable to expect thoroughness on the part of a customer.
Another thing to be sure of is that the salesperson is clear and straightforward in all the aspects of the planned purchase.
Its true: a salespersons ultimate goal is to close the sale. But there are good, knowledgeable salespeople out there who will not be afraid to suggest a totally different solution even if it affects his commission.
Tags: Aggravation, Automobile Dealerships, Car Dealers, Car Dealerships, Car Lot, Car Salesman, Car Salesmen, Comic Strips, Con Artist, Depiction, Genuine Concern, Good Salesperson, Hucksters, Legitimate Concern, Nitty, Pigeon, Sad Reality, Surprise Bill, Thoroughness, Trust Your Instincts
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