What You Need to Know About Salvaged Cars

Indianapolis Auto Auctions 317-247-8484

Indianapolis Auto Auctions 317-247-8484

If you want to buy a car, but you are looking for a low-cost deal, the one place you should start before visiting any dealership is with salvaged cars. There are several benefits of purchasing a salvaged vehicle over a standard used car or truck, the most popular of which being cost savings. But it is important to use caution when looking for salvaged cars in order to protect yourself from a scam or a deal gone bad. And you must remember that buying a salvaged car means you will also be investing in repairs; so be sure to have a trusted mechanic lined up to provide professional pre-purchase inspections and repairs at fair price.

Continue reading to learn some helpful information about salvage cars, and who to call for trusted salvage car sales near you.

What are Salvaged Cars?

The term salvage is another word for totaled. A vehicle can be totaled without any outward physical damages. Whether a car needs too many repairs, or was wrecked in a serious collision, if the total cost needed to get the vehicle back to a safe, operational condition exceeds its current overall value, it is considered totaled.

When an insurance company estimates a car’s damages or needed repairs to be more than 75% of its total value, it is considered a loss. After the insurance policy is paid out for it, the vehicle is given a salvaged title by the authority it was registered with. This percentage, however, varies among states, and can range between 50% and 80%.

In rare cases, a vehicle can be given a salvaged title even if it never experiences damage or loss. For example, if a car is stolen and goes missing for an extended time period, an insurance company may pay the insured driver’s policy for the vehicle, thus deeming the vehicle salvaged. But if the vehicle shows back up or is retrieved by law enforcement, the owner takes back possession of it, but the title remains salvaged even though the vehicle was not defective in any way.

Where to Look

When you purchase a salvage vehicle, look for one that needs repairs you can afford. Check out your local auto auctions for the best deals for salvaged cars, trucks, watercrafts, boats, construction equipment, farming equipment, and many other motorized commodities. Choose a reputable company who offers a generous inventory and has served the surrounding communities with professional auto auction services for many years.

Indianapolis Auto Auctions

Indianapolis Auto Auctions 317-247-8484

Indianapolis Auto Auctions 317-247-8484

Call Zore’s Inc. at 317-247-8484 to get the best deals in town for salvaged vehicles. We hold a public auto auction EVERY OTHER WEDNESDAY right here on our complex on Mickley Avenue. We have a reoccurring inventory of all kinds of motorized commodities, including cars, trucks, SUVs, vans, boats, motorcycles, and more. Call 317-247-8484 to request free information about our Indianapolis auto auctions, anytime.

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