If you’ve ever wondered what happens to salvage cars after they’ve been written off, we’ve created this guide using our experience in the car wrecking industry.
Generally, salvage cars are retained by insurance companies after they’ve been written off and sold off at auction companies such as Manheim. In some cases, the owner will get to keep the salvage car and can then sell it to a wrecker or privately. Read on to learn more about these processes and what you should do if you end up with a salvage car.
Salvage cars are vehicles that are severely damaged and declared a write-off by insurance companies. This means that the repair costs exceed the vehicle’s assessed value. Salvage cars are usually sold to salvage yards or cash for car buyers.
When a car is sold to a wrecker either by an insurance company or private seller it undergoes a thorough dismantling process ensuring that all parts and scrap metal are fully recovered:
1. Fluids and Hazardous Material Removal: Before dismantling begins, potentially dangerous fluids such as oil, coolant, and transmission fluid are drained from the vehicle and disposed of in an environmentally friendly manner.
2. Salvageable Parts Removal: The wrecker carefully assesses the condition of the car to see what can be salvaged. Components such as the engine, transmission, alternator, catalytic converter, and various other parts can be salvaged and re-sold. Any components that can’t be recycled are disposed of in an environmentally friendly manner.
3. Scrap Metal Disposal: After salvaging all reusable parts, the remaining metal body and parts are then sent to a scrapyard to be recycled.
This comprehensive dismantling process means that wreckers or cash for cars companies can get the most value out of your car and therefore offer competitive quotes.
If you find yourself in possession of a salvage car, there are a number of options to consider, taking into account the condition of your car:
Cash For Cars And Car Buying Companies
Scrap car buyers in NSW can offer free car removal and cash for salvage vehicles. The advantage of cash for car companies is that they buy vehicles in any state, ranging from new to wrecked or salvage cars.
Although the cash offer may not be as high as from a private sale, you’ll save considerable time and get complimentary car removal.
Cash For Car Buyer is a leading cash for cars company in NSW, to get a quick quote for your car call our team on: 0487 000 600 or fill out our online form.
Auction Houses
Selling your salvage car through an auction house can be another option. Auction companies, such as Manheim or Pickles, deal with salvage vehicles that have been written off. Here, your car can be shown to a wide audience of potential buyers, potentially fetching a competitive price. However, auction fees may apply, impacting your final sale price.
There is also no guarantee of getting a good price as sale prices can vary at auction.
Car Dealerships
Selling to a car dealership is another popular option when selling a used car, especially for newer vehicles.
However, unlike cash for cars companies car dealers will struggle to offer as good of a price for older or salvage vehicles as they prefer newer models in good conditions.
Choose our salvage car buying service for free car removal and top cash offers for all types of cars, no matter the make, model, or year. Whether your vehicle is a car, truck, 4WD or ute we will always accept it. Our experienced salvage car buying team assists with paperwork, ensuring an easy process with no hidden charges. Enjoy a straightforward and hassle-free salvage car removal experience with us.
Just give us a call and our sales team will be more than happy to give you a quote: 0487 000 600
