• EN/GB
  • My Account
Who buys used vehicles?

Who buys used vehicles?

Posted On 15 Aug, 2018

Read More

Nowadays people look for used cars because of their low selling price. Average people are looking for them for financial reasons, and car dealers seek them for resale. Scrap points are the other option. They look for and buy cars that are damaged so that they could use them for recycling.

Why buy used cars?

We often find young people that drive used cars. This view is common due to the fact that not every student has the means to maintain a new car. That’s why they typically search for used cars.

First, the used car is at least half the price of the new car in the third year of its production.

Secondly, taxes and insurance are lower. However, the reliability and the security it offers are unchanged.

And third, but not least, if the young driver scratches or rags the old car somewhere, they would not be as angry as they would have been had the car been new.

Car dealers know where there is profit and where there is searching. They know that youngsters want independence and that they achieve it by buying their first car, which in most cases is a used one. People who are just beginning to build a career also look for used cars. Their costs for rent, food, and representative clothing often match and even exceed their starting income. They often need to get a second job.

Тhe same way, young families look for used cars for financial reasons. They prefer to buy quality stuff for their child than to move through the streets in an expensive new vehicle that they can´t really afford.

What dealers of used cars do is buy vehicles from local owners or import automobiles from foreign and neighbouring countries. When they receive the car, they fix it, freshen it up, and sell it at a higher price. Of course, they also add the repair costs and commission rate to the sales price. Scrap and auto scrap company’s buyout any cars – damaged or not. More often than not, they trade in a scrap of ferrous and non-ferrous metals and scrap cars. They have their own transport, a dismantling centre, and a temporary storage site for “end-of-life” vehicles. No matter what cars they buy, scrap companies dismantle them and sell their usable parts. Such businesses have a strong trade in second-hand auto parts for all brands of commercial vehicles. Many of them have built up a warehouse that is constantly being supplemented and upgraded.

Other Articles

What Used Vehicles To Buy?

What Used Vehicles To Buy?

Read More

Know About Brendon Hartley Formula F1 Racer

Know About Brendon Hartley Formula F1 Racer

Read More