3 Things To Look For In A Wrecked Car You Plan To Flip For Profit
When a car is involved in an accident, it drastically drops its overall value. Plus, sometimes the owners of these wrecked vehicles would prefer to just sell their car and move on to something else. This creates an incredible advantage for you if you are into buying cars and fixing them up to make a profit. However, buying a wrecked car that can be repaired by an auto body shop to resell is a tricky process.
If you're not careful, you can end up with more problems to pay for than what you bargained for, which means your profit-making ability can dwindle quickly. Here is a look at some of the things to look for when considering a wrecked vehicle you plan to flip for profit:
Have the frame of the vehicle checked by a professional.
When a collision occurs, the impact can be so severe that it impacts the primary structure of the vehicle: the frame. Frame damage is one of the primary reasons a vehicle owner will choose to not fix their car after a wreck and also one of the most common reasons an insurer will deem a car as totaled. These damages are not an easy or inexpensive fix, so you definitely don't want to buy a car that has frame damage and not know it beforehand.
Make sure the engine was not damaged during the accident.
Some auto body damages can look like they are merely cosmetic, with dents and scrapes along the front fenders, hood, or bumper. However, any kind of front-end damage can also mean the motor took a good hit during the collision, which can lead to all kinds of problems with the major engine components. A vehicle with damage to the front end may have sustained damages to the radiator, fan and cooling system, and several other important parts that can be costly to fix.
Look to see if the interior has been left exposed to the elements.
If the windows of the car have been damaged during an accident, it can mean that the interior of the car has been left exposed to the elements. Unfortunately, this can mean that there are problems with mold, mildew, or water damage inside the vehicle. These problems are fixable, but they can also involve replacing the carpet on the floor, the seats, and even the headliner and gear shift, which can mean higher repair costs than you anticipated.
Contact a company like Sam's Automotive Reconditioning Center for more information and assistance.