Export Salvage Cars For Profit!
Salvage cars purchased from U.S. salvage auctions are selling for a premium outside the U.S. in countries where few can afford a new car.
Salvage vehicles are vehicles declared total losses by insurance companies because the repairs would cost more than 80% of the vehicles current retail value.
The high demand for salvage vehicles has helped to double the price at auctions but most still sell for less than $2000.
I don’t recommend buying and selling cars with salvage titles if you’re going to sell them within the U.S. because potential buyers usually freak out and run away with their hands in the air like little girls when you whip out the title and they see the words ”salvage title” on it, but with the weak dollar here, these same vehicles sell quite well when exported to other countries.
For example, Lithuanians want Lexus and in Poland they want Nissans, Toyotas and Subarus. Ford trucks are in high demand in Mexico and Central America, and they love four wheel drive trucks too.
Salvage vehicles are selling for as much as $3000 at salvage car auctions but even with shipping costs as much as $1000 the deal can still make sense because repair costs are much less outside the U.S.
To export salvage cars for profit could be an incredible revenue stream for you, especially if you have a trusted friend or relative in the country you want to export to, however, I don’t recommend anyone buy and sell used cars without first gaining the knowledge in how to do it. Obviously, right?
Check out this link to find out more on how to export salvage cars for profit.
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Tags: export cars, salvage cars, salvage vehicles
April 28th, 2008 at 6:43 pm
Hey Steve,
Great post and I’m really enjoying your new blog about buying and selling cars for profit. I subscribed to your blog with my RSS Reader using the “Subscribe” button below and everytime you do a post I can see that you have almost instantly on my home page. Very cool!
Thanks again!
John
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admin reply on April 28th, 2008 9:30 pm:
Thanks John!
One thing I forgot to mention in my Export Salvage Cars For Profit post here above was that the Mexican government just recently instituted a law that ONLY allows used cars that are 10 years old into their country.
That means it can’t be older than 10 years old and it can’t be newer than 10 years old. Bizarre, right? Apparently the reason is to limit stinky old cars (I guess they are actually starting to think about the air pollution factor) and nothing newer is to protect the car dealerships down there because people were buying used cars at auctions here in the U.S. and then would export them to Mexico for big profits.
But guess what? If you live in the U.S. and fairly close to the Mexican border…and you have a 1989 vehicle for sale…it’ll sell for a premium because of this.
Steve
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December 3rd, 2008 at 5:25 am
if you want to sell you junk car then we are ready to help you out.
you will get good amount of money for your junk car
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January 19th, 2009 at 10:50 am
i need help selling my old cars
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angelo reply on October 28th, 2009 5:08 pm:
we buy junk cars and provide free junk car removal
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January 19th, 2009 at 1:53 pm
@chris pena:
Chris,
What kind of help do you need selling your old cars?
Steve
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January 21st, 2009 at 7:43 am
I am from Florida and work in the Middle East. I have found that salvage/ rebuildable cars are in high demand here. I have been working on contacts and have my route sorted out from Florida to here. Even got a better deal on import fees through the Ministry of Finance. I have someone that is local I trust to do the work and he also has contacts. He says sometimes they are sold as soon as the container is opened. We plan to get a holding and selling lot. I am excited about the prospect but leary. I need to find as much information as I can. With me unable to be in the states in person it may be harder? I have seen lots of sites where you bid on auction cars online? I would enjoy talking with someone that has experience in this endeavor.
Thanks
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Guillermo Reveiz reply on November 4th, 2009 10:58 am:
I have several cars in great condition with salvage title and Clean Titles in my dealer in Texas, i will be interesting in make you a great deal wholesale price with incredible discount for export anywhere in the world.
Please contact me at greveiz40@yahoo.com, and i would be happy to send you pictures and info on this cars at my earliest convenience.
Thanks
Guille Reveiz
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Mike Sanford reply on November 4th, 2009 3:02 pm:
I am a florida dealer that has access to these type cars from auction. Let me know what i can do?
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January 30th, 2009 at 10:35 pm
i am looking to export vehicles to mexico(or anywhere else).i buy and sell cars now on the gulf coast. i am looking for someone that is already doing this that i could supply vehicles to,or someone in mexico to buy cars from me. any info would be greatly appreciated.
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March 11th, 2009 at 2:10 am
Well said, finally a good report on this stuff
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April 10th, 2009 at 8:30 pm
I have access to salvage car auctions. Looking for someone overseas to send them to. Lets make money together. E-mail me @ iuac1402@yahoo.com
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Muhammed Naji reply on September 17th, 2009 3:20 am:
Please contact me about export salvage cars such as TOYOTA-Camry,Prado or NISSAN-Armada … to IRAQ-Umm Qasr port.
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admin reply on September 17th, 2009 9:39 am:
Muhammed,
You will need to repost here and leave your contact information.
Steve
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May 13th, 2009 at 7:55 am
I can assist with shipping cars from the US to anywhere in the world. Contact me for rates. gforcelogistics@gmail.com
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July 14th, 2009 at 8:45 pm
I know many people who have low priced salvage cars. How do i sell them overseas (shipping rates, price per car estimate, and how does the financial process work.
Thanks
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July 17th, 2009 at 2:05 pm
Thanks for this post!
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July 20th, 2009 at 5:39 pm
Mr. Tribble,
Check out this link http://www.export.gov/ and let me know how that goes.
Steve
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July 29th, 2009 at 9:34 pm
Ten years… So if I have a 2002 f150 sport in good condition how much do you think it would sell for to mexico in 2012?
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August 23rd, 2009 at 1:46 pm
Brian,
Regarding your post about pricing a 2002 F150 to sell in Mexico in the year 2012…
Wait a minute while I turn on my crystal ball here.
Are you kidding dude?! I couldn’t possibly tell you what your truck will be worth 2.5 years from now…especially what it would sell for in Mexico…and no one else could do that either. Is there some kind of Kelley Blue Book for Mexico? That won’t help you for projecting out 2.5 years though, but when you are ready to sell it could. If that doesn’t exist, then just look at the used car prices around that time for the same vehicle in Craigslist or whatever publications are in your area.
Steve
Steve
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August 29th, 2009 at 12:22 pm
I am looking to do this and randomly searched and found this good website. I want to ship salvage cars to Dubai where I know a guy who sells cars. Is it a good idea? I will sell 2004 to 2009 used honda or toyota. He said the car has to be fixed and free from dents/scratches and it will sell. Who should I use to ship the cars? How long is the wait until the 3 cars sell? Has anyone done this before?
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August 29th, 2009 at 7:56 pm
Hi John,
Exporting cars to Dubai (or anywhere) can be a really good idea if you’ve done your research and have determined what the market is like for the kind of cars you plan on moving. If the market is good, then the next really important thing is to know beyond a shadow of a doubt that the person on the other end is someone that you can 100% trust in. Seriously, you have to feel so good about this person that you could trust them with your kids.
Steve
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November 20th, 2009 at 11:40 am
I have access to CHEAP salvage cars from US! Looking to hookup with ANY overseas buyer who can provide me with lists of WANTED cars for export to their country! We are a SMALL business just looking to keep afloat by selling these cars to you. Contact me at: mutorcsgarage@aol.com
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December 27th, 2009 at 9:26 pm
Thanks for the information. I am getting into this business as well …just started. I want to export to Central America and Jamaica and any parts of the Carribean. Do you know if the 10yr regulation is the same in those countries?
Good Luck to all who are working this business.
Traci
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admin reply on December 28th, 2009 12:39 am:
Hey Traci,
Sorry but I have no idea what the regs are like in those other countries. Do your homework and check, re-check and double check – especially to see what tariffs/taxes they may impose.
Steve
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January 20th, 2010 at 8:02 pm
Is there anyway I can ship my car out of US to another country by sea without a title?
If not from US, what about from Mexico, assuming I drive it there?
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Jerry reply on January 31st, 2010 6:48 pm:
I have no idea if that is allowed or not. Did you check out that fed gov site I mentioned in my article above? You need to contact someone there and ask them.
Steve
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January 24th, 2010 at 7:50 pm
I live in Texas and soon will be going to Guatemala where I am originally from. I am planning to move back in the next 2 years. I was researching this site because I am planning to do it whenever I live there, however I am thinking my brother lives there I could help in finding a place to rent and have cars get shipped to, the port could be the one in Houston and it could go directly to the port in Guatemala. I would have to research the laws but I believe they are similar. If you are interested in a joint venture, we can exchange a few emails. But yeah I wouldn’t want to do it unless I trust the person who I am doing the business with.
My email is liragt@gmail.com
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January 27th, 2010 at 2:09 pm
I have 2008, BMW M6, 2008 Z06 corvette, 2009 mustang, 2009 VW Rabbit, 2008 G35, and many other salvage cars all the time. I am looking for someone who would like to purchase from me to export out of country or anywhere in USA consistently.
agomer86@hotmail.com
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February 13th, 2010 at 1:07 pm
My company specializes in exporting salvage and clean title cars worldwide. Search for the vehicle of your choice in an online inventory that is over 200,000 cars. Once you find that special vehicle, we will arrange the purchase and take care of the shipping. AuctionExport.com takes pride in its business transparency by having NO HIDDEN FEES.
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March 8th, 2010 at 11:23 pm
I can assist with auto exports from most major US ports to major markets in Middle East and Africa. Contact me for quotes info@gforcelogistics.us
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