Salvage Cars - good biz

[Sdf4786k]

Was tracking a few cars and with a bit of home work, found out that some of the insurance write off cars are back on the market after a few months. 

 

What was more surprising was that the community of used car dealers are aware of those cars, like the Audi S3 that is on the market for a super long time.

 

Which comes to mind, some of the daily wrecks of HRVs, Mazda 3 and Mitsubishi Star should be easy pickings for salvage and repair to be resurrected.

 

Watch a few video and while the prices seem to be on average, higher then usual, I am sure can be done much cheaper.

 

https://youtu.be/X1po3WhG9XY

 

But still a little worried about doing this project resurrection in case the LTA starts to clamp down. But yes, good money to be made at the expense of integrity and full disclosure.

 

 

Wonder if the car dealer is caught, would it be subjected to the lemon law.

 

 

 

[Ake109]

Was tracking a few cars and with a bit of home work, found out that some of the insurance write off cars are back on the market after a few months. 

 

What was more surprising was that the community of used car dealers are aware of those cars, like the Audi S3 that is on the market for a super long time.

 

Which comes to mind, some of the daily wrecks of HRVs, Mazda 3 and Mitsubishi Star should be easy pickings for salvage and repair to be resurrected.

 

Watch a few video and while the prices seem to be on average, higher then usual, I am sure can be done much cheaper.

 

https://youtu.be/X1po3WhG9XY

 

But still a little worried about doing this project resurrection in case the LTA starts to clamp down. But yes, good money to be made at the expense of integrity and full disclosure.

 

 

Wonder if the car dealer is caught, would it be subjected to the lemon law.

 

Singapore market. As usual. Small market with low protection for consumers and fat cat middle men earning due to high price of cars allowing them good profits from just a % of car price.

[Sdf4786k]

I also visited the LTA auction events. Most car dealers there seems rather co ordinated when there is outsider bidding..