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Get to Know Why you should buy salvaged cars?

by Chris-C-Drucker on Mar 27, 2011

When thinking of buying salvaged cars questions come to mind such as, "Should I?", "Should I not?", or " Should I wait?" These are normal questions to ask yourself. Here are a couple reasons for buying salvaged cars.

Price

You can get a used salvaged car for 40- 60% of the cost of the new one. This is the main reason that one should get a salvaged car - the incredible savings one will receive. Take for example a 2007 Chevy Impala for $22900, which has a salvage value of $13900, and a 2006 BMW M3 with a retail value of $45010 having a salvage value of $25500. While some cars usually go for an average of 40%-60% of their retail value, imported cars will, on average, sell for 50%-70% of their original value. Coupled with an initial low purchasing price, being good with bargaining skills can see you arriving at an even lower cost.


Insurance Costs are lower.

Insurance costs for salvaged cars can be dramatically lower than...Read More >>



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