How to sell salvage cars
Are Salvage Title Vehicles Worth Buying to Flip?
hey guys Justin at the car flip comm and
today we're going to be answering a
question from Jason this is an ask me
anything question with an email out from
z-cars live.com if you're not a member
of that email list go to the car flip
comm go to the top of the page put your
email address in the top little box up
there and you'll get emails like this in
the future but basically it went out and
said what can I help you with and it was
open to any and all questions and I
assumed there would be car flip related
and most of them or actually all of them
or no one is asking anything off the
wall so sure laughs I guess but anyway
the question was are rebuilt or salvage
title vehicles worth it and this was
asked by Jason and Jason honestly I'm
not that big on them you can buy a
little cheaper sometimes you can say a
little bit of money up front if you're
trying to buy maybe your personal
vehicle but if you're I don't know if
you're trying to make money it creates a
barrier or an objection in the mind of
the potential buyer let's say they're
looking at your 2003 Jeep let's say Jeep
Grand Cherokee and then someone else is
another 2003 jeep grand cherokee yours
is a salvage title and there's a clean
paddle you're asking 2,900 they're
asking 3,500 whose are they going to buy
and so if all they have sway not may be
yours but if it was me I'm buying 35
just because I really don't want to deal
with this avocado issue I wouldn't know
why I was salvaged I wouldn't know if
they were existing issues that I might
would have to deal with so on the lower
end of cars it's sometimes difficult for
it to be worth it unless it's for you
and your own personal vehicle now people
that do well with salvage style vehicles
are people that actually rebuild them
themselves
so they're going to go to the Copart
auctions they're going to be at the at
the salvage auction that's buying the
vehicles wrecked as they are and they're
going to be rebuilding them and a lot of
times it's really not that bad I mean a
cinder have a frame pulled
door that kind of thing you know maybe
replace the steering knuckle sometimes
it's not that bad and so they can buy
it's a really low price put a little bit
of money into it on parts they do the
labor and they might have a bigger
profit margin for the person that's
flipping it's difficult most of the
times it's difficult now that being said
I actually have a vehicle on my lot
right now that is a salvage vehicle
it's a 1997 Jeep Wrangler it's got a six
inch lift
it's got body armor all the way around
tube fenders 37-inch tires it's got a
dana 44 in the back which is what makes
a Rubicon it's not a Rubicon but that's
why Rubicon is what it is and so for me
I got a really good deal on it and the
fact that it was salvaged was kind of
ancillary it was a good price for a Jeep
Wrangler I don't think people are going
to be as concerned because of the
modifications that it's already had
anyway so that was kind of my exception
to that rule but as a general rule I
don't deal with them because it's not
worth my time it's not worth having to
explain to people over and over again
that it's Salvage when they call and
then they find out at the end that it's
Salvage that's just a headache that I
want to deal with but for you it might
work for me I'd much rather find a car
that needs you fill in the blank it
needs a power steering pump or whatever
I'd rather buy it and replace the $75
part that I would have the stablish
title because you can never get rid of
that so I hope that helps Jason I hope
that maybe gives you clarity on how I
think about it and maybe in the future
you might want to shy away from them
because it makes it feels too easy
sometimes when you're looking at
salvaged vehicles because it feels like
it's really easy to find a good deal
when you go to sell it I think you're
going to find difficult so so I hope
that helps offer you guys in the next
video
