Watching your favorite action-packed car racing movie, you begin to daydream about building your very own race car. You think about the various parts like the engine, suspension, and getting a super aggressive-looking body kit. As the movie comes to an end, you decide to call a friend who is a car enthusiast to ask for advice. The first thing he says is, “why don’t you just buy a new car.” You reply and say that you wish you could but having a monthly car note just isn’t feasible at the moment. Today, we will discuss 1 pro and 1 con in buying a salvage titled vehicle to use for your custom-built race car project.
Salvaged Title: Pro
One of the main reasons or pros in opting to purchase a salvaged title vehicle is cost. Salvaged titled vehicles were deemed a “total loss” by the insurance company generally as a result of a major accident and are considered too costly to repair. This usually means that the insurance company paid off the owner and now the insurance company owns the damaged vehicle. Insurers will most likely want to get rid of it as soon as possible. This is a pro because typically purchasing a salvaged titled vehicle is significantly less than purchasing a used clean-titled vehicle. By less, it could be at least 50% less than the value of a used clean-titled vehicle.
Salvaged Title: Con
Although it may sound appealing to get a cheap valued salvaged titled vehicle, the main con of this is that you may accumulate a larger cost in repairing the vehicle than what you may have paid for it in the first place. This means you could get overwhelmed with the money you put into the vehicle with no guarantees that the title will be rebranded so you can register it to drive it around.
Perhaps you are willing to take that chance and are confident that the title will get rebranded. You are probably now looking for salvage cars for sale. If you are, X2 Builders should be the company you call when searching for salvage cars for sale. X2 Builders is a reputable and honest company that offers a variety of salvage cars with weekly new inventory. So call them if you are looking to buy a salvage vehicle today.
