A lot of people do not even bother trying to sell their vehicle if it has any kind of damage they must think it will never sell but it’s simply not true. Whether a vehicle has some damage or its body is in excellent condition it still has value to someone. So if you want to sell a damaged car you will probably be able to do so if you reduce the price. Company’s like ours buy damaged cars all the time and here are some of the reasons why.
Many people do not realize that there is a huge aftermarket for used car parts. On many occasions a car that is torn down and parted out can be worth more than if it is sold used this is especially true if the car is a make and model that is not produced any more and it is hard to find new parts for it. Junkyards buy a lot of cars and let people come in and take the parts off themselves it is a thriving business that makes these types of companies a lot more money than you would imagine.
There are individuals and businesses that make a lot of money by buying damaged cars and then fixing them up. They can very often buy these cars for a very reasonable price and then make some good money selling them used after they are fixed up. People like car body technicians and mechanics who like to make a little money on the side do this on a regular basis too. There is a lot of money to be made by a company or an individual that is good at restoring these vehicles so they look good and are in good working condition.
One of the top reasons we buy damaged cars is for the metal and other recyclable materials that they are made of. It is the type of enterprise that is very profitable to say the least. Making such things as metal and plastics costs a lot of money and uses up a lot of precious resources companies that can recycle these materials can supply these things cheaper into the marketplace than many companies that produce these materials new. It is also very good for the environment.
Another reason why companies buy damaged cars is because they can be picked up for a cheap price and then donated to charities as a tax write-off. It is a win-win for both the company and the charity. The company gives themselves a financial boost and the charity can sell the car for parts or scrap and help funds its efforts.
So don’t think that just because your car is damaged that you are stuck with it. Not only do we buy damaged cars, but there are a lot of other companies out there that do also. If you search the internet and phone book you should have no problem finding someone who will buy a damaged car.
Anees is full time blogger, writer and consultant provides tips, guides and articles related to lifestyle, autos and business! Follow me at Twitter @built4kill2004
Jul 16, 2013 1
Oct 25, 2013 1