Whats the opportunity? Can salvage cars be repaired and rebuilt?
Serious natural events that damage and destroy cars also present an opportunity for people who want to pick up great bargains, especially with repairable and rebuildable vehicles that have been declared total losses by insurance companies. As long as you know what you are doing, some outstanding deals can be had. Many of these vehicles are easily repairable and can be made good as new at very little cost. Many of these vehicles are sold at special salvage vehicle auctions, which can be attended by anyone. Many times, batches of weather affected vehicles have been declared total losses even though the insurance adjustor did not take the time to go out and inspect each vehicle in detail. When this happens, some of the cars will have only minor damage and can be easily restored to perfect condtion. For example, a new-car dealer may have had 400 cars flooded or damaged in a hail storm. The adjustor can’t inspect all the cars but knows that at least 75% of the cars have serious damage and d
