5 Biggest Mistakes and Scams When Buying Salvage Cars from Copart and IAA Insurance Salvage Auctions

  Рет қаралды 157,443

SalvageSecrets

SalvageSecrets

Күн бұрын

In this video I discuss 5 most common and costly mistakes that you can make when buying a salvage car, especially if you are a beginner.. Please make sure you watch it BEFORE buying your first rebuild project and save THOUSANDS!
A lot of people know that buying a salvage car with minor damage is one of the best ways to save thousands of dollars on your next car.. If you decide to buy your car from Copart or IAA salvage auctions you MUST know and avoid these 5 very common mistakes that might cost you a fortune! Unfortunately, Copart and IAA scams are very common..
The most expensive mistake you can make when buying a salvage car from Copart or Insurance Auto Auctions (IAA) is what I call a "dealer scam" - buying a car that was "doctored up" to look like it has minor damage but in reality is a money pit hiding A LOT of damage..
Also, don't forget about auction fees, always pay attention to the paperwork and never underestimate the costs of repairs!
If you like this type of content please consider subscribing to our FREE Facebook group called "Salvage Secrets!" The link is below..
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Join our private Facebook group here:
bit.ly/34uQBr8
Download my FREE guide "5 Biggest Mistakes to Avoid When Buying a Salvage Car" here: bit.ly/3a54Vrz
Our cars are available for sale here:
www.etautocorp.com/inventory

Пікірлер: 215
@clubsimtopia1224
@clubsimtopia1224 5 жыл бұрын
1. Never buy a dealer car 2. Pay attention to the Paperwork, make sure it can be registered. 3. Don't buy cars sight unseen. 4. Don't underestimate the cost of repairs 5. Don't go over budget or get in a bidding wars, other cars will become available. Thanks for your tips I am going to start rebuilding cars soon.
@Bam-Ba-Lam
@Bam-Ba-Lam 4 жыл бұрын
Do You Have Mechanic Background? I Want To Do The Same But Never Worked On Cars Before
@briangabor05
@briangabor05 4 жыл бұрын
@@Bam-Ba-Lam im not a mechanic or anything but you have to start somewhere mechanics dont suddenly get what to do of you know what I mean , but most likely you'll need to buy a lot of tools
@method8607
@method8607 4 жыл бұрын
What would impede you from being able to register a salvaged vehicle? Thinking of purchasing one but it seems to be just the interior missing
@_Livid_
@_Livid_ 4 жыл бұрын
J Smith Depending on your state, some insurance companies refuse to insure salvage title vehicles. You could title wash the car if you knew someone in another state, however that’s a process.
@SalvageSecrets
@SalvageSecrets 4 жыл бұрын
yOJunnzhy I’m not a mechanic, but I do know a lot about fixing cars after years of doing this.. It all comes with experience. I would recommend to find a shop you can trust to do the work for you in the beginning.. And don’t get involved in big repair projects.. start with something simple. Good luck!
@curtisj2165
@curtisj2165 4 жыл бұрын
6. Don't forget Copart's fees when you are working out your buying budget
@emeraldpk8570
@emeraldpk8570 4 жыл бұрын
How much are the fees
@Aklcorp
@Aklcorp 4 жыл бұрын
@@emeraldpk8570 depends on the cost of the car but lets say the car cost 1200. you will pay between 400 and 450 on fees on top of the 1200 for the car
@chineduokonkwo5777
@chineduokonkwo5777 4 жыл бұрын
The fees will eventually bite you in the rear end if you don't pay attention.
@user-yx2mc9vm6x
@user-yx2mc9vm6x 3 жыл бұрын
Copart sure does like to f**k you
@markp2865
@markp2865 3 жыл бұрын
Remember to include tax, title, and registration fees. It can be another $200 to $300. You should also include an estimate of the number of hours it takes to repair. You should pay yourself at least $20 an hour. This includes the time it takes to pick up the car and clean it up.
@bayareaartist999
@bayareaartist999 4 жыл бұрын
Discipline, Discipline, and then more discipline. Great video...
@BH-nm4xl
@BH-nm4xl 3 жыл бұрын
Another amazing video. I watch everything you put out. Incredible insight you literally can't pay for... I've been messing around on copart but after watching your stuff realize how many things I was doing wrong. Ty!
@chineduokonkwo5777
@chineduokonkwo5777 4 жыл бұрын
I love your imdept analysis on how to buy salvage car and it was professionally done with experience. Thanks a lot.
@pairsnpaint
@pairsnpaint 3 жыл бұрын
Thank you for a very informative video. I was looking at a car to buy for personal use that had a salvage title. The Carfax report showed it had been "laundered" several times over the last 5 years. It was now being sold by a dealer. Your video convinced me to run, not walk, from that car!
@onemanghetto2429
@onemanghetto2429 4 жыл бұрын
Great video. This guy tries to do things the honest way. I can't believe a dealer would "sorta" repair a car just to pass the rest of the headaches along to someone else. But then again,that's a car dealer for ya.
@ghassanhussein8432
@ghassanhussein8432 2 жыл бұрын
This is one of the most useful videos about car auctions on KZbin. Thank you for sharing your thoughts!
@rodboijones7390
@rodboijones7390 3 жыл бұрын
you said some good stuff!! I bought a car last year thinking it only had minor front end damage. I got the car home and called around for parts only to find out the headlights were $300-400 a peice alone! plus other front end parts that cost as well.
@adrianraszka8303
@adrianraszka8303 5 жыл бұрын
Great video! Thanks for your help and time on this! Cheers
@RelativeEarth
@RelativeEarth 3 жыл бұрын
Exactly the video I was looking for. Looking forward to more of your videos.
@chrisjessee4299
@chrisjessee4299 2 жыл бұрын
I have just recently started watching your videos. Very honest and informative. Thank You
@sergeykhaladzinski7299
@sergeykhaladzinski7299 5 жыл бұрын
Great tips as usual, well done and entertaining!
@SalvageSecrets
@SalvageSecrets 5 жыл бұрын
Sergey Khaladzinski Thank you !
@crownessentials8505
@crownessentials8505 3 жыл бұрын
I have been looking for this kind of video for a long time. Lots of information.
@bernardkossigbo5793
@bernardkossigbo5793 4 жыл бұрын
I really don't know how to thank you for the information you have provided.
@bernardkossigbo5793
@bernardkossigbo5793 4 жыл бұрын
This was so helpful. Thanks a million times
@Sodaman420
@Sodaman420 4 жыл бұрын
Thanks for the info! Subscribed, good content.
@dianeruiz0721
@dianeruiz0721 3 жыл бұрын
Great advice!! Thanks so much!!
@miamigt4922
@miamigt4922 3 жыл бұрын
Great video Andres, thanks for the detailed information. Appreciate your experience.
@kevinmiller9793
@kevinmiller9793 3 жыл бұрын
Just found your site it's very informative,Peace out from Britain
@andrewhawkes9085
@andrewhawkes9085 3 жыл бұрын
Thank you, I’ve done 7 rebuilds. I didn’t know about the inspection services. Thanks so much.
@adventures223
@adventures223 3 жыл бұрын
Would this be a good business i never had a salvage vechiel would it be more profitable then a used car lot
@meta7583
@meta7583 Жыл бұрын
Great video, thank you for educating us on the tricks used by scam dealers at auctions
@omorin34
@omorin34 Жыл бұрын
Thanks for the vid! I bought an LR3 with a cooked engine, nothing else wrong with it. Bought a used engine slipped it in and took it to the DMV in my state. I pointed out the export only on the title, I did not understand it at the time. They did a little research, made a couple calls and said that isn't a problem. Almost10 years later, its still going strong.
@jansimek3821
@jansimek3821 7 ай бұрын
Awesome information. Thanks and keep going
@wmnlover
@wmnlover 3 жыл бұрын
Unbelievable!!! Thanks for the tip!
@jacquelinemanzano9328
@jacquelinemanzano9328 Жыл бұрын
Thank you for these important tips. Glad I found your YT channel.
@zolliology1
@zolliology1 2 жыл бұрын
Thank you for the information. Very much appreciated.
@DumatuTelevision
@DumatuTelevision 4 жыл бұрын
Amazing info, thanks man!
@heatherturner687
@heatherturner687 2 жыл бұрын
Very informative. Enjoyed. Thank you.
@jr.rangeeel7624
@jr.rangeeel7624 4 жыл бұрын
Wow number #1 really surprised me. I cant believe that copart would let someone do that.
@HollywoodTheTradeKing
@HollywoodTheTradeKing Жыл бұрын
Bro, this is great information. Thank You
@rubengutierrez33
@rubengutierrez33 3 жыл бұрын
Thanks for sharing this tips very helpful
@Poohbearsbaby
@Poohbearsbaby 3 жыл бұрын
Omg thank you for this post!!!!
@michaelyoung8986
@michaelyoung8986 2 жыл бұрын
You the man! Great video.
@Icecold89
@Icecold89 3 жыл бұрын
Great video very informative.
@joking6052
@joking6052 11 ай бұрын
Thanks for exposing these scam artists Andre, you will save innocent buyers millions of dollars my friend !! I have noticed that IAA will classify trashed cars as RUN and DRIVE if the engine starts even when you can see that the car will not drive ! Be careful.
@Perez_de_tailor
@Perez_de_tailor 3 жыл бұрын
God richly bless you man. This is deep bro
@jamessoho8806
@jamessoho8806 3 жыл бұрын
Thank you! Nice job, save us money and b.s.!
@YouTubeVideos4U
@YouTubeVideos4U Жыл бұрын
good and honest review 👌👌👌🙏🙏 all the best
@keith8114
@keith8114 5 жыл бұрын
Thank you bro for this information. I'm looking to purchase a salvaged car to drive, not re-sell, and this information is great. Thanks.
@totaltechsoccer7530
@totaltechsoccer7530 Жыл бұрын
Very informative 👏
@ar8072
@ar8072 25 күн бұрын
Андрей спасибо тебе Really good help and lots of information Especially for me as a beginner Definitely subscribed
@nelsonsullivan7656
@nelsonsullivan7656 2 жыл бұрын
Thanks bro, never thought of some of those red flags.
@yasmanycm
@yasmanycm Жыл бұрын
Very helpful video, thanks
@AP-zp6vo
@AP-zp6vo 7 ай бұрын
This guy is good one of the best on point information compared to others
@carlboursiquot3463
@carlboursiquot3463 2 жыл бұрын
Bro you are a art in teaching!
@ronjohnson4184
@ronjohnson4184 3 жыл бұрын
1. Rule. The damage is always worse than the photos. 2. Paintwork is expensive! Sometimes more than mechanical.
@polaris6933
@polaris6933 2 жыл бұрын
I've heard a lot of stories about people getting amazing deals on salvage titles with minor damage so I thought I'd see what's what. Glad I decided to do a bit of research and thanks for the very informative video, it seems the grass isn't as green as I though at first.
@510Redneck
@510Redneck 2 жыл бұрын
It's all gravy if one lives close to a lot to freely view them-shop around but the problem is for most of us this is not the case. I used to have a huge lot super close to me and it was ez mode then but co-part bought them out and then moved out of the area 😒🤣 It was fun while it lasted I guess because I'm unwilling to buy them sight unseen and not willing to travel many hours now just to check one out... let alone pay for shipping etc.
@derrickbarker8354
@derrickbarker8354 4 жыл бұрын
Wow, this video have help me so much
@s13rxn93
@s13rxn93 2 жыл бұрын
Awesome Vid - subscribed
@uchenwosu4179
@uchenwosu4179 6 ай бұрын
this is an eye opening video
@sciflyer67
@sciflyer67 3 жыл бұрын
The problem with cars today is that they are all plastic and the covers "cover up" everything behind it. Old metal cars can't be easily covered up.
@oreos922
@oreos922 2 жыл бұрын
Sucks to suck
@shamveel0070
@shamveel0070 3 жыл бұрын
You are a great person
@salvatoremule9666
@salvatoremule9666 4 жыл бұрын
Great video
@yisaklee3368
@yisaklee3368 3 жыл бұрын
Thank you for good information. How to distinguish whether the dealer or not?
@SalvageSecrets
@SalvageSecrets 4 жыл бұрын
If you enjoyed this video please join our FREE private Facebook group called Salvage Secrets here: bit.ly/34uQBr8 for more! I usually go Live in the group every week and discuss everything you need to know to buy and sell salvage cars profitably. You can ask me questions too! Thanks for watching.
@benjaminjaxxon1277
@benjaminjaxxon1277 2 жыл бұрын
@Jett Briar instablaster =)
@honsadon9550
@honsadon9550 2 жыл бұрын
Thanks sooo much 🤗🤗
@WriterandPhotographer
@WriterandPhotographer Жыл бұрын
Andrei......this video is becoming aged, but the advice is still very good and timeless. The more I read reviews of people's experiences with Coparts/IAA or the brokers, the more weary I am of dealing with any of these people, even though there is a car I really want to buy as a project car. It is in another state. The info about inspectors is good.
@robertdaniels10
@robertdaniels10 4 жыл бұрын
thank you so much for this info i am new and been looking at videos trying to figure out whats right and whats wrong watching your video covered many of my questions thank you millions
@SalvageSecrets
@SalvageSecrets 4 жыл бұрын
I'm glad I was able to help! Let me know what other questions you might have and I'll try my best to answer them..
@DucatiRider73
@DucatiRider73 4 жыл бұрын
SalvageSecrets I am thinking about buying exotic cars only fix and sell them I’m worried about salvage title people not willing to pay for them specially being salvage title Also the main question is let’s say Ferrari 488 brand new is 250k let’s say and I get same car for 110k and I spend 20k I’m in it for 130k the difference is 70k I’m think what profit you’ll make for salvage title car vs clean title hope you understand what I am asking plz help me
@MiguelFcool
@MiguelFcool 3 жыл бұрын
Thanks for your videos, help me alot . You should be deserve more subscribe and views, Happy New Year !! 😀👍
@floridaboy9213
@floridaboy9213 2 жыл бұрын
Damn I appreciate u for this g. Frfr💯💯💯
@luisage7061
@luisage7061 Жыл бұрын
Good info
@allstateautobody1409
@allstateautobody1409 3 жыл бұрын
VERY GOOD VIDEO!!! IT'S A SHAME THAT COPART ALLOWS THAT TO HAPPEN. COPART WAS A VERY GOOD AUCTION IN THE 80'S AND 90'S. JUST THE FEES THEY CHARGE SHOULD LET YOU KNOW THEY DON'T CARE IF YOU GET SCREWED. THEY DO VIRTUAL BIDDING AND NO MORE LIVE AUCTIONS. IT'S CHEAPER FOR THE AUCTION. LESS EMPLOYEES. BIG SCAM.
@JuanyJuanes
@JuanyJuanes 3 жыл бұрын
I hate Copart. Every time I go there, they hustle me
@kevinburk1670
@kevinburk1670 3 жыл бұрын
not so fast notsofast... very true my freind
@BaoNguyenSuperDuperAwesomeGuy
@BaoNguyenSuperDuperAwesomeGuy 3 жыл бұрын
Great videos. Very informative and very helpful to us newbies who are interested in auction vehicles. Thanks for posting!
@adebayoisong9454
@adebayoisong9454 2 жыл бұрын
Bro you are damn amazing.thanks so much for the huge informations
@patrickedosomwan2357
@patrickedosomwan2357 5 ай бұрын
Thanks 🙏
@dianeruiz0721
@dianeruiz0721 3 жыл бұрын
I subscribed!!!
@engellsd3198
@engellsd3198 2 жыл бұрын
😘😘😘😘😘😘😘😘😘😘😘😘 thanks for the info you sweetie you got a new subscriber i love you 😘😘💕
@milosrandelovic9276
@milosrandelovic9276 2 жыл бұрын
You just saved me money!
@MrBig-xc9gc
@MrBig-xc9gc 4 жыл бұрын
He sounds Lithuanian. Really helpful & informative video, thanks.
@normal_mf5658
@normal_mf5658 4 жыл бұрын
Im from lithuania ;D he sounds more slav xd
@MrBig-xc9gc
@MrBig-xc9gc 4 жыл бұрын
@@normal_mf5658 Very cultured accent
@normal_mf5658
@normal_mf5658 4 жыл бұрын
@@MrBig-xc9gc i have seen worse believe me xd
@SalvageSecrets
@SalvageSecrets 4 жыл бұрын
I’m actually from Belarus.. but pretty close! :)
@mikejall3644
@mikejall3644 3 жыл бұрын
@@SalvageSecrets I am a new sub love the information you provide good luck with your channel
@scoobister5482
@scoobister5482 2 жыл бұрын
Hey my name is Jake, this video is really helpful. What would you recommend for someone getting started with a wholesale license? I live in the state of Texas and I’m thinking about getting started this work my day job still do this on the side. Maybe could you do a “how to get started video from home?”
@ChromeN9ne
@ChromeN9ne 2 жыл бұрын
You should offer car auction hunting services! I'm thinking to get a 330i with the NB48 engine, all I can find in the used car market right now are salvage vehicles from USA anyway, so no choice but to get one for myself.
@patrikwander991
@patrikwander991 3 жыл бұрын
Andrey great video! Do you know some good car repairers in Belarus? I will follow ALL your advices. I am not Belarussian but I love potatoes :-) I am Russian speaking through grandmother, born in Sweden, my wife is from Latvia, right know I am in Jurmala. My class mate runs gtboard on youtube, maybe we can pull off some project off in future.
@willieboy8798
@willieboy8798 4 ай бұрын
what do you expect shopping from crooked people, narkies , sociopaths and pyschopaths! good video informative! generally the only vehicles i buy are off road screw registration ....or buy motors for "offvechs" edit i consider the body a blanket to cover faults! look at the front end very carefully rear end damage is different!
@gd50
@gd50 2 жыл бұрын
Your English is good.
@jasonli7547
@jasonli7547 2 жыл бұрын
Have you bought a New York state MV-907A car? Do you have to go back to New York state to have the car inspected after you fixed it? Thanks.
@richardnorth5994
@richardnorth5994 4 жыл бұрын
There's an online calculator that Salvage Rebuilds uk used that works out Copart fees.
@starobinful
@starobinful 6 ай бұрын
Thanks Andrey Wanted to ask if there is any program that helps me to put auto pilot ( like ebay has esnipe ?)
@shawnvalentine4869
@shawnvalentine4869 4 жыл бұрын
Talked to this guy today. Has a 57Nomad. Body is all surface rust. Will need total rebuild. Has a motor and two transmissions to go with it. He said make him an offer, so what would be a fair offer for the both of us? Oh, original title included.
@anonymousf454
@anonymousf454 Жыл бұрын
Any tips for estimating costs of repairs and parts?
@reggyforest5299
@reggyforest5299 3 жыл бұрын
that should be illegal but thx a million for the heads-up
@dereklewis4168
@dereklewis4168 Жыл бұрын
I have a question ? I hope 🙏 you could answer with your expertise. If a carfax still says that a car with a rebuilt title bc of theft and tmu(total mileage unknown) still has 40 months of warranty, does that warranty still apply?
@makemoneyonline8793
@makemoneyonline8793 3 жыл бұрын
Maryland don't accept New York titles for salvage cars,.
@livewireelectrical1356
@livewireelectrical1356 3 жыл бұрын
Very interesting video. I understand u are usa Any info for cars from copart uk. Many thanks
@gokhanelma
@gokhanelma 2 жыл бұрын
Same shitt :)
@silasf94
@silasf94 3 жыл бұрын
How can I use AAA tow to get a car out of auction yard? What's the cheapest way to do that?
@Jason-nt6rp
@Jason-nt6rp 4 жыл бұрын
what about a front wrecked car for 2.600? (bmw m4) that a scam?
@alexanderflemming7083
@alexanderflemming7083 11 ай бұрын
Brooooo i was literary about to buy a 907A !!!
@bigchungus1225
@bigchungus1225 3 жыл бұрын
Just cause it has obvious damage doesnt mean it wasnt tinkered with, won a lexus, they removed the dash screen and seats and replaced with a screen from a hybrid car and seats off a car that had well over 100k miles of wear (the lexus only had 45k miles)
@P4boot
@P4boot 3 жыл бұрын
What he is saying is nothing but the truth. Stay away from auction cars. I bought a car that was advertised as "run and drive", "minor front end damage" for $7K after fees and shit. I got the car with all the airbags blown. lol, Front is severely damaged, they just fixed the front to cover the big accident the car had. They never mentioned anything about the airbags. After three months of trying to fix it and loosing more than $5k in renting a car to move around, I noticed the car is leaking oil and mechanic found out a big ass crack under the engine and needed to replace the engine with about $3k. lol Plus other problems I noticed, like the radio not working, the side power window not working, the shocks shaking and wheels off center. Man I could have bought a good fairly used car with all the money I wasted! I don't regret it. It is an unforgettable life lesson that I will never let any of my lineage make.
@billiebobbienorton2556
@billiebobbienorton2556 4 жыл бұрын
Gracias!!!!
@mohamedtorky9767
@mohamedtorky9767 Жыл бұрын
Hi, do you assist buying car from auction usa ?
@acrawlerofthings7477
@acrawlerofthings7477 4 жыл бұрын
lol Louisiana... Los Angeles
@tejsel
@tejsel 3 жыл бұрын
I'm actually looking into doing this. So would it be safer to buy from an insurance company than a dealer if it lists the seller?
@SalvageSecrets
@SalvageSecrets 2 жыл бұрын
Absolutely!
@pascalmushagalusa961
@pascalmushagalusa961 2 жыл бұрын
Which auction does have good salvage
@owusudruye543
@owusudruye543 3 жыл бұрын
what about estimated repair cost
@caylaclanton6074
@caylaclanton6074 2 жыл бұрын
Why are the "Dents and dings" cars salvaged titles? I can't understand this unless it has something to do with recalls?
@ThatDudeMrRoyalty
@ThatDudeMrRoyalty Жыл бұрын
I only buy clean title cars if an insurance company is the seller and I go and physically inspect it first.
@SameerKhan-ij4dt
@SameerKhan-ij4dt Жыл бұрын
Can a PA salvage title car get the rebuild title ?
@wissampaulus7001
@wissampaulus7001 2 жыл бұрын
Hi, can I register NY 907A salvage in California? Thank you!
@Ed_Belen
@Ed_Belen 4 жыл бұрын
Worst choice made: bourht a bmw 328 xi 2010 with salvage and pictures showed cool and good to repair and wala over 5k to repair. Hate they way you get screwed by this companies 😡
@jayrich9240
@jayrich9240 3 жыл бұрын
is iaa better than co part??
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