How To Recycle Your Old Car
Is there any risk involved? You're taking more of a risk when buying from these type of car auctions because the cars are sold in as-is condition and will need repairs and/or body work done. Sometimes the repairs could be as little as replacing a bumper to something so serious the car can only be used for parts. The car could've also been in a flood which will cause the electrical system to go out sooner or later. So, know what auto salvage yard getting into!
The hardest part about using the no title car sale auctions is find them. There are many different kinds that range from police auctions to online auctions to dealer auctions. There are usually auctions happening all over the place, but they are not very well advertised. This makes it a bit difficult if you are trying to find one of the auctions.
Be warned that there are a few significant things the kelly blue book isn't much good for. It doesn't give any indication of how dependable a car is, or how problem-prone it is. You can get some idea of this by gauging how well the car holds its value, but Kelly will primarily tell you pricing.
Internet: You may even search for replacement parts on the Internet. Many web sites offer old and new auto parts. You may browse through a variety of auto parts to find the right replacement part. You need to be cautious, while placing bulk order for auto parts, since you are not aware of the dealer's market status. Chances are the online dealer may deceive you. Also, check whether the parts serve you a warranty or not.
Without a doubt, cars like Rolls Royce and Ferrari indicate some sort of status. Cars like these get a second or third look even in cities like NYC and L.A Price tags run in the $100k range and everyone knows how much these cars costs.
In my mid-twenties I worked with a guy who started buying and selling used cars on the side. We got to be pretty good friends. His name was Kelly, and we both worked for a company that wholesale-distributed auto accessories. There were one or two other guys in the company that were doing the same thing. But nobody did it as well as Kelly, he got the whole process down to a science. It was very rare when he held on to a car longer than two weeks, and most were sold the very first weekend he had them for sale.