Posts Tagged ‘export cars’

Export Salvage Cars For Profit!

Sunday, April 27th, 2008

Export Salvage Cars For ProfitSalvage cars purchased from U.S. salvage auctions are selling for a premium outside the U.S. in countries where few can afford a new car.

Salvage vehicles are vehicles declared total losses by insurance companies because the repairs would cost more than 80% of the vehicles current retail value.

The high demand for salvage vehicles has helped to double the price at auctions but most still sell for less than $2000.

I don’t recommend buying and selling cars with salvage titles if you’re going to sell them within the U.S. because potential buyers usually freak out and run away with their hands in the air like little girls when you whip out the title and they see the words ”salvage title” on it, but with the weak dollar here, these same vehicles sell quite well when exported to other countries.

For example,  Lithuanians want Lexus and in Poland they want Nissans, Toyotas and Subarus. Ford trucks are in high demand in Mexico and Central America, and they love four wheel drive trucks too.

Salvage vehicles are selling for as much as $3000 at salvage car auctions but even with shipping costs as much as $1000 the deal can still make sense because repair costs are much less outside the U.S.

To export salvage cars for profit could be an incredible revenue stream for you, especially if you have a trusted friend or relative in the country you want to export to, however, I don’t recommend anyone buy and sell used cars without first gaining the knowledge in how to do it. Obviously, right?

Check out this link to find out more on how to export salvage cars for profit.

Subscribe

Share This Post