What are Car Auctions?
You can buy used cars that are practically new. Some vehicles
still have the manufacturer's warranty. If you know what you are looking for
you can find real value for money. However, a lot of our dismantlers use
auctions to buy vehicles that have been in an accident and no longer wanted, as
the owners don't wish to pay to have the vehicles fixed. These buys are what
the UK breakers yards are looking for. If a vehicle purchased from an auction
has been damaged at the rear yet all the front end parts are in saleable order
then the vehicles are bought and salvaged for the parts that have great value
to the motorist looking for a quality used spare.
Example Charges made by Car Auction Salvage Houses.
Entrance Fee £35
Selling Price Commission 7.5%
Service Charge £7 (admin fee)
If a vehicle is under 8 years old then a reserve price can be
put on the vehicle.
When buying a vehicle there can also be a buyer's premium
placed as follows:
Under £10,000 - £262
Over £10,000 - £266
|