Salvage Cars

Salvage Cars are mostly damaged due to accidents, fire or floods in the USA or Canada. These are total loss vehicles for which insurance companies have already settled the claim amount, and these cars are in the custody of insurance companies or authorized third parties for selling salvage cars either at a fixed price or through auctions. It is possible to purchase a salvage car at a 70-80% lower price.

How Can You Make a Profit from Salvage Cars?

1) Resell cars by repairing them

You can buy salvage cars, rebuild or repair them and then sell them; once the car has been rebuilt and meets other legal requirements as per your country's laws, you can resell it and make a profit.

2) Resell Car Parts

You can make a profit by selling car parts in your local automobile market.