Notes

How To Obtain And Sell Junk Cars For Profit
First Up. When you find the salvage motorcycle that you want, make a good sized bid. Enough to make the other bidders think your pocketbook is endless and you are determined to get the bike at all costs. ( scrap metal yard near me don't know that you have a budget and we're not going to tell them.) A bid like this will make the timid buyers drop out and the more experienced buyers think it's not worth the trouble to bid against you, as you are a "crazy" bidder. This strategy has worked for me many times. I am constantly amazed by how easily people are fooled by this. Sometimes no one bids against me at all and I get the item for half of my initial limit!

Cars that have been given a salvage titles are those that the insurance company claims would cost more to repair than the vehicle is worth. However, it's mostly based on the estimated value of the vehicle as compared to the Kelly Blue Book so for example if you own an older truck that was in mint condition before you got rear-ended, the insurance company might decide the truck is not worth it to repair so they will want to total it. Having been in this situation myself I can assure you it was definitely worth it to me to repair my truck!

The thing that you have to do, by whichever methods you have available to you, is familiarize yourself with your subject. Just as early painters used to get involved with autopsies in order to understand the underlying bone and muscle structure, so should the aspirant drawer of cars study the fundamental structure of cars.



There are several very well known yards across the United States; their main business is not recycling the cars it is selling the parts that they take off the cars.

This ties right in with point two. Does anyone think the "Old Spice" commercials of a man eventually on a horse really sells more deodorant? It may be clever, but it probably isn't very effective.

Part of the problem is that the car is basically no longer worth anything. And that's one of those funny things about buying junk cars; the person selling it, tries to build value in it, even though it's going straight to the scrap metal recycling. When the car gets purchased for scrap, it's by the pound a certain amount... so it doesn't matter if the "interior's in great shape" or you "just put new brake pads on it," that's all VERY irrelevant!

The history of the cars goes way back to the 1890's, back then they were all the rage with pretty much everyone, and the kids loved them! But who wants to just look at their mother or father driving, kids wanted to drive themselves. Who came up with the idea for them, and who built the first pedal car? No one knows. It was most likely built in a shed or backyard, but what we do know is that most of these cars looked awesome!

Register at the auction desk, put down your deposit if required, and find a seat. I'm often asked if it matters where you sit at an auction. The answer is yes and no. Sitting up front allows you a great view of the bike for sale, and the auctioneer is not going to miss you if you raise your hand to bid, however, if you have privacy issues, this is not the best seat as everyone behind you can see what you do, but you can't see them. Sitting in the back gives you the anonymity, but your view is limited and you might not be seen at a crucial point in the bidding process.
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