How to Buy a Salvage Car

Though it has serious issues, you may have reasons to buy a salvage car, i.e., one that has been in an accident that left the repair cost above the actual value of the vehicle. Salvage cars are often purchased for their workable parts or by parties who want to make a few repairs to make it drivable. When you purchase a salvage vehicle, you will be issued a salvage title in order to notify other potential buyers that it has been involved in a serious accident.

Instructions

1

Find salvage cars available for purchase. You can visit auto salvage lots in your area to view their inventory. Or you can shop online through sites such as Auto Salvage Yard.

2

Assess the damage to the car. Before you buy a salvage vehicle, ask that a mechanic look at it to determine a cost estimate on repairs you will need to make. Also, if you're planning to strip the car of parts, the mechanic can let you know whether they are in good working condition.

3

Expect to pay cash for the vehicle. Salvage lots will not offer financing options.

4

Arrange to have the salvage car transported. You are responsible for the costs to tow the vehicle out of the lot.

5

Go through the inspection process. You will need to visit your state's Department of Motor Vehicles before driving a salvage vehicle that has been restored. A special salvage vehicle inspection will be required before the car is registered.