I’m an information junkie and if you visit this site regularly, you know I am always posting info about car auction, public auto parts, and salvage vehicles.
Well, I found a great article I think you should read. Don’t give me that look (translation: ‘What?!? More reading to do?)! How else can you gauge for yourself how valuable the article is unless you read it?
Check it out below and let me know what you think. After you finish reading, don’t forget to check out the info here on car auction, public auto parts, and salvage vehicles.
What is a Salvage Vehicle?Salvage vehicles are those "totaled" by an insurance company because the cost of repairs would exceed the car’s value. This does not necessarily mean that the car cannot be repaired and made roadworthy. Salvage vehicles are often sold at a UK public car auction at very attractive prices and fall into the following categories.
Category A
Category A means that there’s no cost effective way to repair to repair the vehicle. The cost of repairs would far exceed the car’s market value. Even the parts in a category A vehicle are questionable, so avoid these cars in a public vehicle auction.
Category B
Consider buying a category B at a public auto auction car for parts only. This type of salvage car contains parts in good condition. Removal and resale of these and other parts is likely to exceed the market price, so you would make a profit.
Category C
A category C salvage vehicle can be repaired and made roadworthy. This type of car can be a good buy at a public vehicle auction if you have extensive automotive knowledge and can repair the vehicle yourself.
Category D
This type of vehicle is considered fully repairable at a cost that is estimated to be less than the market value. Expect to make a profit if you intend to resell the vehicle at an auto auction or elsewhere.
Category X
Category X cars often have little or no damage and generally are recovered stolen vehicles. Because they require little work, they’re easy to resell at a profit in live auto auctions or in an online public car auction.
So here’s the bottom line on salvage vehicles you might find at a public car auction in the UK: Stick to category X and D if your budget allows and if you’re not mechanically inclined. Consider category C if you’re car-savvy and can effect repairs yourself to save money. Category A and B vehicles are good for parts only.
John Fabrigo is an certifiedauctioneer and a consultant with governmentauctionsuk.com – Stunning Deals on Absolutely, Anything by Searching ALL UK Auctions, Online Auctions, and Shops With Just One Click! John has developed an extraordinary marketing team who understand the global landscape of internet marketing. He is an active personal financial consultant with governmentauctionsk.com. John writes and lectures on various topics such as car Auction, government car auction, online car auction, police car auction, public car auction, used car auction, property auction, government property auction, property auction london, property auctions uk, property sale auction, seized property auction, bankruptcy auction, bankruptcy auction sale, bankruptcy auctions uk, business bankruptcy auction etc.
GovernmentAuctionsUK.co.uk is a massive web-based database, full of contacts dates, times, regions, and a ton of other information designed to help UK bargain hunters find the most fantastic deals on a huge range of items, it also provides you with a definitive guide to car auction, property auction and bankruptcy auctions and government agents!! Join now and happy hunting!
This was written by: John Fabrogo
Interesting, huh? I thought so too myself. Click on the link at the end of this sentence for more info on car auction, public auto parts, and salvage vehicles. 
——-
Photo Credit: airwaves1
Mail this post