Purchasing a new or used car in Las Vegas usually takes significant time, stress, and money, which should come as no surprise: not everyone that goes car shopping has complete information about the nitty-gritty of buying a car.
Most people must face this task a few times in their lives. Luckily, there are car-buying secrets that can make the process faster, easier, and more affordable. Whether you’re buying new or used, these secrets that are typically known only by car dealers like SCA will make your car-buying experience less stressful. Keep reading to learn more about buying vehicles and where to get them in Las Vegas.
Is it worth it buying a salvage vehicle?
A salvage title is a type of branding that indicates the vehicle was damaged or deemed a total loss by an insurance company that paid a claim on it. Each state, province, or territory has its criteria for determining when a salvage title is issued. A salvage title is required in some states for stolen or vandalized vehicles that are not recovered by police within 21 days.
With the recent high cost of living and the state of the economy, almost everyone is looking for new ways to save money. Yes, buying salvage cars is worth it, and they can be purchased at auctions for extremely low prices. If you’re looking to buy a salvage car right away, find exactly what you’re looking for at a car auction in Las Vegas. You can locate auctions to attend in person or online, pre-bid, and watch live bids at any time. Whether you’re at home, at work, or grabbing a coffee, you can check out these new vehicle offers at your own convenience.
Contrary to popular belief, cars branded as salvage aren’t always completely totaled; vehicle damage can also include theft or disaster recovery, which sometimes require less repairs. In these cases, insurance companies declare the vehicle a total loss and pay off the owner; however, in others, it is only issued for losses caused by accident damage. If you are looking for a cheap car, you should weigh the benefits of purchasing a salvage title vehicle so that you are aware of the advantages and can make an informed decision with your money.
What are the benefits of buying a salvage vehicle?
After considering all of your options, If your budget allows, broaden your search to include clean-title vehicles and certified pre-owned vehicles. While a salvage title vehicle can save money upfront, a car with no accident history is often less expensive to maintain. Clean title vehicles may also provide more financing and auto insurance coverage options. Regardless, there are benefits that come with buying a salvage vehicle.
The car may be in excellent condition – A totaled car may sometimes simply have body damage or other cosmetic issues that a mechanic can fix. Some salvage cars are in pretty good condition and can be effective for daily drivers with just a little bit of repair. Many are completely fixable.
The price is better – Salvage title cars are mostly available for 20-30% less than cars with clean titles. This is a significant cost saving. If you’re a DIY car hobbyist or a mechanic, salvaged cars are also great for spare parts. You can even make money disassembling the car and selling its parts separately.
The high possible value – With salvage titles, there is always the possibility that you will strike gold and end up with a vehicle that requires little to no work on your end. While most cars with salvage titles are severely damaged, many otherwise intact vehicles can obtain the title.
Examples include vehicles recovered after theft by the insurance company after they have already provided the original owner a replacement vehicle. Another example could be a car that was agreed to be totaled as part of a larger settlement by the insurance company.
Or it could be that the insurance company believes properly inspecting a vehicle for damage is too time-consuming and prefers to auction it off and find the owner a replacement. Such incidents follow common disasters when insurance companies are quickly overwhelmed by the number of cases they must handle.
Where to buy a salvage vehicle?
There are several companies or websites to buy or auction salvage vehicles. Here, you can get authentic information about cars and reasonable offers.
- SCA auctions: SCA online is a public car auction website for anyone who is looking for a car or another type of vehicle. With 170 locations across North America, SCA leads the insurance auto auction industry. They get their vehicles from various places, including insurance companies, dealerships, rental car companies, independent sellers, and leasing companies.
With more than 160 weekly live auctions open to the public, they have increased their inventory to over 300,000 vehicles. On the SCA website, members can bid via pre-bid or live bidding at any time and location. SCA is there for you from registration until your vehicle is delivered to your door, whether you are looking for a project car, a classic, late and early model truck and cars, or even exotics.
- Manheim: Manheim is a provider of end-to-end wholesale vehicle solutions. They assist clients in automotive dealerships, banks, car rental agencies, and auto manufacturers in increasing their profits and efficiencies in their used vehicle operations.
They have a network with over 100 physical, digital, and mobile auctions to choose from, which means you can search for and purchase your dream car whenever and wherever you want.
- Skipco Auto Auction: This is the premier public auto auction in Ohio. Skipco Auto Auction has served local and national buyers and sellers since 1978. They have grown from auctioning cars in a field to a modern 12,000 square foot Auction Facility. Skipco provides the general public and licensed dealers equal access to wholesale prices. And it’s not just cars and trucks; they include motorcycles, ATVs, boats, campers, RVs, and various equipment in their inventory.
- The Mecum Auction Company: This Company hosts auctions across the United States for collector cars, vintage and antique motorcycles, and road art. For years, the company has specialized in selling collector cars, offering more than 20,000 lots per year and hosting more than one auction per month.
Mecum Auctions began in 1988. Today, the company’s offerings include everything from entry-level to investment-grade classic and collector cars, vintage and antique motorcycles, signs, and memorabilia like gas pumps, pedal cars, clocks, and even collector-grade tractors and farm relics.
Conclusion
Getting a car in Las Vegas can be less stressful if you know how to go about it, and you’re getting your new ride from a company that deals with cars and everything else related to automobiles. Salvaged vehicles are always available and affordable, if you cannot afford to get a clean-title vehicle. Because they help with cost minimization and often require fewer repairs than what their assigned title suggests, salvaged cars are the way to go.