With Gas Prices Rising, Is It Wise To Buy Salvaged Cars? | Free ...

With Gas Prices Rising, Is It Wise To Buy Salvaged Cars?

What are salvaged cars?
Salvaged cars are those that are considered to be unprofitable to repair from an insurance stand point. These cars may have been damaged past a pre-determined threshold in an accident or flooding, or otherwise or may even have been vandalized. It is easy to think of a salvage vehicle as a gas guzzling clunker; and while some in fact are, this is not the case for many. Not all salvage cars are clunkers; some of them can be recent models that have sustained damage. The prices on salvaged cars are much more attractive than those on new or even used cars.This attractive pricing is designed for the car to sell as quickly as possible, and buyers can be caught in a trap that results in them paying much more in the long run than they expected. The hefty long term cost of salvage vehicles are not hidden costs but instead the rising price of crude oil. Gas prices at the pumps are a direct reflection of crude oil prices, and the less energy efficient or older the model of your car is, the more fuel it will consume.
Best fuel efficient salvaged cars
To ensure that a salvaged car will be as energy efficient as possible, it would be best to purchase a salvaged hybrid vehicle or one that has been made after 2000. Hybrid cars are designed to use less fuel and whether salvage or not will provide an ease on your pockets in a world of constant gas price hikes. While it is difficult to concretely say that cars made before 2000 are less fuel efficient than cars made after, it is widely known that cars become more aerodynamic as well as more fuel efficient as the years go by. The more aerodynamic the car, the less fuel it uses since it is less opposed while driving. Energy efficient salvage cars do exist, and are probably the best option as there is no obvious yield to the rising gas prices.
Research is key
When buying a salvaged car it is necessary to add the potential gas prices the vehicle may incur. The easy way to do this is to research the specifics of the car to see how many miles per gallon of gas the car will cover. Performing this simple task will be more helpful than one would think as this will help to determine if the deal made for the car was a good one or not. If there is still uncertainty as to whether a salvaged car will save you money on the sticker price but cost you money on fuel then it would be advisable to buy a salvaged car of a later model, which are known to be more fuel efficient, or even to buy a salvaged hybrid vehicle which will definitely cost you less at the pumps. Rising gas prices should not hinder the purchase of a salvaged car, unless that car is a gas guzzling clunker, because energy efficient salvaged cars do exist. Lower prices than new vehicles and the same energy efficiency of a new vehicle makes salvaged cars a good buy in our current reality of constant gas price hikes.

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Source: http://www.itweb7.com/automotive/gas-prices-rising-wise-buy-salvaged-cars/

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