Reasons An Individual Should Acquire A Car From An Auction
The best part is, if you live in a state that allows you to charge for collections (like my state does, Virginia), then you can pass the small fee that is charged for this service right on to the customer, significantly raising both pre and post 60 day late collections without any additional cost! That translates into higher profit to your bottom line just by re-defining roles and putting in place an outsourced cash recovery system.
For those who live near a car car transporter, this can be a cornucopia of auto parts. However, this can be quite time consuming, especially in large junkyards. You may have to search through hundreds of vehicles before finding the right part. It is also dirty work so wear old clothes. The advantage is the price. You can usually get the part you need at rock bottom prices and many junkyard owners will negotiate. Be sure to check out the part carefully as you can rarely return a non-working car part.
Once you get a list of suppliers request for an online quote and compare the various quotes. Pick one that offers a great price. It is that easy. You can be assured about the quality of information you receive as most websites do their background checks before they feature suppliers on their portals. These websites can also give you all the information you need about the ongoing auctions. And if you do not have a dealers' license they can also participate in the auction on your behalf. Online Auto salvage auctions are very common today and a lot of people are taking advantage of it all over the country.
Every state and town has at least a salvage yard where useful parts of dilapidated vehicles are salvaged for re-use. Most of the parts would be non-functional. But even the most dilapidated vehicles have a usable part either on the inside or on the outside.
In terms of exports China registered US$ 2.09 billion worth of trade. A year before that in 2006, the sales revenue of the Chinese auto part manufacturers reached US$ 58.30 billion. What's even more intriguing is the fact that the Chinese auto parts production is projected to reach US$ 115.6 billion in 2010.
While some mechanics are fighting this change, quite a few are embracing it. They realize they no longer are responsible for warranties on parts. Also, they no longer have to worry about paying their parts suppliers on time. In fact, some mechanics actually give out web addresses to companies they want their customers to purchase from. Even though they lose the profit they would have made on the parts, they will generally have fewer headaches when it comes to getting such parts for their customers. A few mechanics have even gone as far as just charging more for the labor.
