Is it convenient to buy a wrecked car?

Buying a wrecked car can be tempting if we take into account the attractive prices at which they are sold. However, this decision is not a round robin and can bring you future problems as we review below.

Buying a wrecked car is not a good deal:

However, there are many who decide to buy a wrecked car because of its price, or the opportunity they find in the investment. However, if you are thinking of buying a wrecked or damaged car because it seems convenient given your particular situation, you should evaluate the factors that lead to it. Thus, you must consider the condition of the vehicle, the objective you are pursuing with its acquisition, and the cost that the repair will take to really know how convenient the purchase will be.

The risks of buying wrecked cars:

Thinking about the investment you must make to recover a wrecked car is not the only concern you will have, since you will also have to check the "legal" state in which the wrecked vehicle is. The prices are attractive, we know, but will the car you want to buy be stolen? Will you have all your records in order? Is the real owner selling it to you?

It is common to see wrecked or damaged cars sold by people who do not really own them. Car theft is becoming more and more common and that is why we advise you to trust the vehicle's data and not the word of whoever claims to be the owner. And also buy from a reputable and professional car wrecker company who solely deals in wrecked or damaged cars.

When you review a luxury wrecked car, at a low price and with affordable repair possibilities, be suspicious immediately. Analyzing the history of the damaged car is a custom in those who are dedicated to buying in that market, and it is precisely because of the large number of fraud carried out by those who sell claiming to be owners when they really are not.

What factors can condition the purchase of wrecked cars?

Going a little further than legal, you have to think about other variables that condition the purchase of a crashed vehicle, such as:

Reconstruction Cost: Buying damaged vehicles will require investment, and in this, you will find quite high prices in paint, parts, and pieces, and permits that most of the time will not be worth the effort.

Safety: This is perhaps one of the aspects in which more care must be taken since the car and its parts "suffer" from the collision and lose the strength they had before the accident. At best, parts are replaced, but the bodywork and total assembly will never be the same, making you less safe in the event of a future collision.

Resale: The resale price does not often make this investment convenient. It is that beyond the fact that you can rebuild it almost completely and the car looks like a marvel, the loss suffered greatly devalues ​​it. In this sense, and beyond that in the future you sell it, you may never recover your investment.

In this scenario, the suggestion seems obvious: look for a wrecked car simply as a source of parts and forget about the unlikely dream of a total rebuild.