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Where Does My Deposit Go? Recent Posts

Where Does My Deposit Go? Salvage Cars for Teens How I Restored A Vitage Car (and then made a profit) Auto Auction Converts Your Dream of Owning a Jeep Into a Reality Is Buying a car Beyond Your Affordability? Set Your Eyes Here!

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To bid simultaneously on multiple vehicles, a minimum of $400 deposit is required for each vehicle being bid on simultaneously. If you do not win a vehicle, you will be able to then use the deposit to bid on another vehicle.

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When you place this deposit, we do not actually charge the amount fully.

Instead, we simply place an authorization hold on the deposit amount, just ensuring that you have funds available. During this time, your deposit will appear as a pending transaction on your statement. You may be familiar with this type of hold from staying at hotels, which use holds in case of damages or other additional charges during your stay.

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When you win a vehicle on SalvageBid, you will be sent an invoice for the amount due. If you fail to pay the invoiced amount or fail to remove the vehicle from the yard in a timely manner, you will forfeit the security deposit and part or all of your deposit may be captured to cover these costs.

But we know that you will only place bids on vehicles that you are prepared to pay for and remove from the yard, so your deposit will simply remain on your SalvageBid account after you have completed transactions for any purchased vehicles. You will then be able to use this same deposit to bid on additional vehicles (make sure you have a Premium membership in order to bid on more than one vehicle!).

If your deposit is not tied to any active bids, you may request a release of your deposit and your funds will be available to you again in 2-3 business days.

Now that you’ve gotten an understanding of how your deposit works, go ahead and place your first bid with SalvageBid! Derrick Martin | No comments

Aug 2015

RVs

Auto Auctions

Buying a vehicle with SalvageBid is irresistibly easy! Just set up a profile, bid on a vehicle you like, and activate that bid with a deposit. Your deposit is your guarantee that you are serious about purchasing any vehicles that you bid on.

It needs to be at least 10% of your maximum intended bid, and a minimum of $400. You will not be able to bid an amount higher than what your deposit allows. You can increase your fully refundable security deposit anytime by logging in to your account and entering the additional security deposit on the Bidding Limit tab of the auction box, payable with all major credit and debit cards or by wire transfer. Credit card deposits may not be applied toward payment for the vehicle.

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Aug 2015

Cars

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Flood Damage

Auto Auctions

Salvage Cars for Teens

Teens love having their own vehicles! Nearly every parent of a teenager around the age of 16 hears their teen express interest in having a car. Some respond

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to this by buying their teen a new car. While this is a very nice gift (and one that is happily accepted by many teens!), there are also way to get your teen a car on a budget that comes with the bonus of teaching them about vehicle maintenance and responsibility.

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Vehicles Type Vehicles available through Insurance Auto Auctions tend to be very budgetfriendly. Auction vehicles generally go for what you are willing to pay for them, rather than for a price set by the seller. With auctions, you can purchase a vehicle for a much lower price than if you were to buy from a typical auto dealer, so there is no need to worry about depreciation from the small cosmetic issues that sometimes result from youthful oversight. The vehicle will likely even already have a few dents and dings, and in fact, repairing these dents and dings is a great learning opportunity for a first-time car owner!

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By getting a salvage vehicle through Insurance Auto Auctions, you will likely get a vehicle that needs a bit of work before it is ready to be driven on public roads. When selecting a vehicle, look for types of damage that you are confident that you and your teen can repair. You may also want to check with your local DMV to make sure that you will be able to register the vehicle in your state using the documentation type stated on the vehicle’s Lot Listing Page.

By selecting a vehicle on which you can perform the necessary repairs with your teen, you will save money on repairs and teach your teen about how to perform the necessary repairs. They will get a better idea of how cars work as well as the amount of care and investment they require. Further, your teen may grow to be personally invested in the vehicle as they watch their hard work turn into a functional piece of equipment, and be motivated to take better care of it as a result. These skills will benefit your teen far beyond them simply having a car to drive to school and work for a while!

Beyond the inherent cost savings, buying your teen a salvage vehicle from Insurance Auto Auctions can be a valuable teaching and bonding experience for your family. Knowing how to perform repairs is a useful skill for any car owner, and taking responsibility for a project like restoring a vehicle teaches lessons that are important in a wide variety of contexts. Taking on a project may not be as quick and easy as grabbing a car from the local dealership and driving it off the lot, but it involves a lot more opportunity for family bonding, skill development, and understanding personal responsibility. When you add that to the cost savings of buying salvage vehicles at auction, the choice is obvious – find your teen’s new project today at SalvageBid.com!

Derrick Martin | No comments

15 Jan 2015

Auto Auctions

How I Restored A Vitage Car (and then made a profit)

Given their one of a kind charm, style and nostalgia, who wouldn’t want to own a suped up vintage car? In the automotive market, vintage cars are always in great demand and that’s why they can be expensive. Our website lists some very affordably priced salvage titled classics. With some restoration, you can turn a salvage car into a customized dream car for a price you can afford.

At SalvageBid, we often get to hear from our valued customers who found the perfect car on our website www.salvagebid.com. Here an example from Timothy (Tim), one of our esteemed customers: “I was looking for a vintage car for a couple of years, but had become tired of the irritating car dealers and price haggling. Without wasting any more time I took to the internet to evaluate the various options online. After browsing through numerous online automobile auction websites, I came across www.salvagebid.com.

What impressed me about SalvageBid was the way in which detailed information about each vehicle was displayed. The pictures were clear and the resolution was simply awesome. Also, I was surprised with the number of options available. They had more vehicle types, models and years than any of the dealers I had been working with. converted by W eb2PDFConvert.com

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By following simple and uncomplicated steps I was able to get myself registered and bid. Luck favored me and I won.

Next, I had to get the vehicle repaired and customized. To get the job done I contacted my mechanic to make sure the work that would need to be done on the car was affordable, and I could find the parts I needed to restore it to mint condition. We worked together for a couple of months, flushed the parts that could be saved, purchased a couple new parts on the internet, cleaned the upholstery and the car looked as good as new. To get the title removed, I got the vehicle verified (by presenting the related documents) and completed the paperwork formalities.

“I used my salvage classic every day for the next 8 months and loved every single minute of it. However, the next year I was transferred to a city where I would be using public transportation and paying for a garage would be expensive. So, with a heavy heart, I decided to sell my car. I posted a complete profile of my car (including close-ups) on the Internet and the response was overwhelming.

“After days of discussions I zeroed-in on a local couple who was as passionate as me about vintage cars. After finishing the paperwork and taking care of legalities, I handed over the keys to them. I miss my car every day but I’m happy to report that I made a profit off of it and will save this money for another car down the road.

If you or someone you know is on the market for a vintage car, consider buying a salvaged car and restoring it yourself. We have mechanics on staff who can assist you with evaluating the work and costs needed for restoration.

Like Timothy, you can have your car at a price you can afford, and can even sell it down the line for a profit.

Derrick Martin | No comments

24 Nov 2014

Auto Auctions

Auto Auction Converts Your Dream of Owning a Jeep Into a Reality

Buying a Jeep Patriot that suits your budget is a far-fetched dream for many people. However, if you are ready to cough up some money on repairs, then an online auto auction can prove very useful to you.

Auctions can get you what you are looking for if you proceed by conducting good research. Although there are different ways to buy a used vehicle, the most popular and easiest way is via an online auto auction. This is the best method for those who want to crack a good deal and save cash. Salvage Jeep Patriot auction in LA also saves people from paying commissions to dealers.

These dealers are the middleman and because of their commission the price of a used Jeep often goes high. There are no hidden costs and we don’t demand any extra fees. Moreover, the membership is free and one can bid after paying a small security deposit.

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Buyers who have purchased salvage jeeps from online auto auctions have benefited a lot. The website saves a buyer up to 50 to 60% of the amount of buying a new one of the same model. When looking for a salvage jeep, there are certain things to consider: Check the Authenticity of an Online Auto Auction Company - Some of the auto auction companies are only for licensed auto dealers. However, you have to check the websites that are open to the public. A dealer’s license is not needed for the same. Members can simply register and place their bid on a chosen vehicle.

Go through the Terms and Conditions of the Website- Some of the websites offer free membership. However, in order to place a bid, one has to pay a security deposit. It is always advisable to read the terms and conditions before bidding.

Gather Information About the Particular Vehicle that You are Opting to Buy- Most online auto auction companies offer details about the vehicle. These details include damage type, the actual value of the jeep, etc. The images are also posted on the website.

So, if you are planning on buying a salvage jeep, simply log on to www.salvagebid.com and participate in the auto auction. After winning with the highest bid, purchase your salvage jeep at a low price. An online auction gives you the opportunity to strike excellent deals, as it has the largest inventory of salvage vehicles.

Derrick Martin | No comments

21 Nov 2014

Auto Auctions • Salvage Vehicles

Is Buying a car Beyond Your Affordability? Set Your Eyes Here!

Millions of people go to work or university every day. In this busy world, transportation is one of the things that you want to be hassle-free. However, things become difficult when you don’t have your own vehicle. We also cannot deny the fact that many people are on a tight budget and can’t afford to buy a new car. For most of them, it is even difficult to buy a used car that is in good condition.

However, does that mean you can never own the car of your dreams? Of course, why not? Go for a salvage car. You can go online and register on an auto auction website. Buyers can bid on salvaged vehicles after paying a small security amount. Insurance salvage auto auction saves you thousands of dollars. Buyers can buy a vehicle at a fraction of the amount that they would have to pay to buy a new one of the same model.

If you are lucky enough, you may get the chance to bid on a bank repossessed car in a good condition. The site also lists vehicles that have either suffered an accident, or that have some engine issues. These kinds of vehicles are usually totaled by insurance companies and are sold at an auto auction company for cash. The cars may need some kind of repairs; they can be engine repairs or body repairs. This is the reason buyers need to spend quality time on research before placing their bid.

Good research will allow you to make right decisions when looking to buy a salvage car. Our website has the largest inventory of damaged vehicles. You can scan the list and choose a preferred car. When a buyer wins a vehicle after placing the bid, the auction company also assists with the shipment of the vehicle.

An online auction website is an ideal way to buy a used car. With an online auto auction, you don’t have to pay commission to any dealer or middle man.

Members pay only for what the car is worth. Through the site, members can save from 50-70% of what they would have to spend on a new vehicle.

So if you are looking for a salvage car, SalvageBid is the best way to go.

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Whatever makes and models you are looking for, we can help you win through our website.

Derrick Martin | No comments

21 Nov 2014

Auto Auctions • Salvage Car

Why an Online Auction is a Great Deal

Where to find salvage cars?

An online auto auction is the place where buyers can get the widest range of salvage cars. Do you know that there are many benefits to buying a salvage vehicle? The first and foremost advantage is that used cars can be very costeffective. After repair, the car can be used as a whole, or its parts can be used in another vehicle that requires repair.

The key to finding a salvage car is good research. No matter how good the car looks on the website, buyers should always check the history of a car before buying. You can get it from the Vehicle Identification Number (VIN). You will also come to know the reason why the car has got a salvage title. The report offers information about how the car has been damaged. Car auction in Los Angeles lists the details of salvage cars on its website.

We at SalvageBid (http://www.salvagebid.com/), make your shopping for a salvage car as easy as it can be. Our website holds hundreds of auto auctions in one location. This allows members to place a bid on any vehicle that they wish to buy. Moreover, buyers can bid from the comfort of their home, no matter where they’re residing.

An online website offers free membership and it’s accessible to anyone. With the help of an online vehicle auction site, anyone can own their dream car. Of course, a salvage vehicle needs repair in order to make it roadworthy. Yet, even after including the repair cost, it makes a great buy for members.

There are numerous vehicles from different makes and models that are listed on the website. Buyers can buy almost any brand that they want. However, the damages to such vehicles vary; some may have side damage, flood damage, front damage or back damage. At SalvageBid.com, you can find a vehicle that needs moderate to heavy repair. Additionally, we also have cars that are damage-free, such as bank repossessed as well as theft recovered vehicles.

Go online and register at our site in order to make your shopping for a salvage vehicle an easy one. Registered members can find thousands of vehicles from numerous auctions across the world. Visit the our website today in order to get more details!

Derrick Martin | No comments

19 Nov 2014

Salvage Truck

An Online Auto Auction Helps you own Your Dream Truck

Did you know that there are numerous advantages of buying a used truck over a new one? One of them is that, we can get the same truck, yet at a fraction of the amount that it costs to buy a new one. Besides the better affordability, customization is also an advantage.

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If you are looking for damaged old pickup trucks for sale, then we at www.salvagebid.com can offer you the best option possible. There is no doubt that an online auto auction is the best place to buy a damaged truck. A wide range to select from, , affordability and hassle-free services make our website the best place to purchase salvage trucks.

Our website lists bundles of trucks from different locations and then showcases them all on one website. It makes it easier for buyers as they don’t have to flip through numerous ads. Having to look through various daily ads leads to a wastage of time and makes it difficult for one to choose the appropriate vehicle. SalvageBid offers a multitude of options for buyers who have distinct plans in their mind.

Buyers typically look at salvage trucks for two reasons. The first reason is that owning a truck is often a dream for buyers. The person may want to use an old model and transform it into something classic. The second reason is that a salvage truck has numerous parts that are in good condition. One can use those parts in upgrading a truck of the same model. This option also eradicates the pain of going to different salvage yards to look for replacement parts.

However, before placing a bid on a particular truck, buyers need to consider a few steps. The first thing is to inspect the truck that you are planning to buy.

The website also offers third party service for inspection for a small fee. This will give you an idea about the extent of the repairs and if the investment is worth it or not.

If you are looking for a salvage truck, explore our site. We have the largest inventory for salvage titled trucks. Go online and register on our website as we offer the highest value for the lowest price. Our membership is free, quick and easy to obtain. Pay a security amount, place a bid and let us do the rest.

Derrick Martin | No comments

14 Nov 2014

Salvage Car

Buy a Salvage Kia Sportage from SalvageBid

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The Kia Sportage is a compact crossover SUV that offers a lot of value for the money to its owner. The first generation of this vehicle came back in 1993 as a rear-wheel drive vehicle. It was a jeep-like vehicle, which faced stiff competition from various cars in the same category and was discontinued in 2002. The second generation Kia Sportage was launched in the year 2004.

The 2004 series of the Kia Sportage was a crossover SUV, but it had lost its off-road maneuverability. Many changes were introduced in this car, most notably, the introduction of the V-6 engine to improve its powertrain. In 2008, a completely new version of the Sportage was launched with a significant facelift.

The features of this and the launch of the third version in 2011 meant that buyers got excellent value for their money. The 2011 and later models offer excellent mileage with a 2.4 liter, V-6 engine for its powertrain. Many people don’t particularly care for the usual styling of Kia cars, but to them, the Sportage is a great option as it has an elegant, curvaceous frame; much like the Hyundai Tucson.

Buying a Salvage Kia Sportage SalvageBid offers a wide range of salvage Kia Sportage from all three generations and of different models. You can get a 1998 model as well as one as recent as 2013. Use our vehicle search box to find a list of the available cars. Make sure you check out all the vehicle details before placing a bid. In particular, check the damage and loss type and take a look at the clear pictures on our website.

Good mileage and powerful engines make the Kia Sportage an excellent choice in the used or salvaged vehicle category. It is a good pick whether you are looking to buy your first car, or if you are simply looking for a car to take on weekend picnics on off-the-road terrain.

The salvage Kia Sportage from 2008 onwards has all the safety features that are important for teenagers. In case you are a parent looking to gift your teenaged child a car, a reputed Insurance Institute advises that heavier vehicles should be preferred. The Sportage fits that description and some of the later versions of the car also come with additional safety features that models prior to 2006 did not have. Simply register with us online for a convenient and safe auction experience through http://www.salvagebid.com/.

Derrick Martin | No comments

27 Oct 2014

Mercedes Benz • Salvage Car

All for the Luxury of a Mercedes Benz

Way back in the 1970s, singer Janis Joplin recorded the song, “Oh Lord, won’t you buy me a Mercedes-Benz?” The song echoes the wish of millions of Mercedes lovers even today! When one thinks of a luxury automobile, the name of this epitome of cars stands above the rest, and people would do just

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about anything to own one!

Well, with SalvageBid, you really don’t have to do much to buy one! Just participate in a simple and exciting online auction, through our website. Who knows, you might end up driving your own Mercedes Benz through the auto auction.

Our rich inventory of automobiles is sure to have one that you have always wanted to drive. Our site brings you more than 50,000 vehicles to choose from, at any given time. You can bid on vehicles from more than 700 auction locations. Be it truck, SUV, motorcycle or any other vehicle, you can chose from our huge inventory that is updated every week.

With the convenience of online bidding, the auction process has become much easier, faster and of course, it makes luxury car ownership affordable too! In fact, if you are up to bidding on salvage Mercedes Benz in our auto auction, you might save thousands on the car you love! Even if you have to spend some extra money to get the car back on the road, salvage cars still make an affordable deal.

To participate in the auction, interested buyers need to register online and be a member on www.salvagebid.com. Membership is absolutely free. Once online registration is complete, members can access thousands of vehicles listed on our website from a computer or any other mobile device. However, to start bidding on a chosen vehicle, members need to place an online security deposit.

Before you decide on your vehicle, go through the details of the shortlisted vehicles, do some research using tools such as the Vehicle Identification Number (VIN), the fee calculator and the shipping calculator to get a fair idea of how much the vehicle would eventually cost you. This way you can place a thoughtful and realistic bid. Also, do not forget to go through our “Support Center”; this will help you understand the online auction process better!

After a preliminary online auction, we will represent the highest online bidder at a live auction and try to win the chosen vehicle at the bid amount. However, the final amount could be less than that too!

Sounds interesting, right? Well, we are waiting to connect with you. Send us an email, or call us now; our representatives are always ready to listen to you.

Participate in the online auto auction to drive around town in your own luxury car!

Derrick Martin | No comments

27 Oct 2014

Salvage Car

Salvage Cars- A Good Option for Those Who are on a Tight Budget

It’s hard for many people to imagine their life without cars. This is because we live in an environment where cars have become a basic necessity. With all the errands that you need to run and after having to commute to the office every day, you need your own car. Traveling and everyday life becomes much easier converted by W eb2PDFConvert.com

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when you have your own car.

How difficult is everyday life for a person who doesn’t own a car? One needs to depend on public transportation in order to visit different places, be it the office or a friend or relative’s home. You find it really pesky when you have to wait for a bus or subway to get to where you need to go. In today’s life, owning your own car is quintessential to making your daily life hassle-free and smooth.

However, if your pocket doesn’t allow you to buy a new car, you can think of a used car that’s sold at a salvage cars auction. The biggest benefit to an online auto auction website is that the entire process is completed online, right from bidding to making the final payment. One doesn’t need to take extra time to fulfill the formalities.

Buyers can always trust SalvageBid for their salvage car purchase. One can get multiple benefits through the online website. Registered members can have access to thousands of makes and models of cars without having to do any legwork. All the details and images of each car is listed on the website.

With a little research and patience, one can find the best deal online. However, before placing the bid, inspection is one necessary factor that shouldn’t be overlooked. The inspection is necessary for the buyer’s satisfaction so that he doesn’t face any unwanted surprises with the used car after purchase. www.SalvageBid.com is such an auction satisfaction to its buyers. The website works customers. The site is also user-friendly as each and every car is listed clearly. The inspection for buyers upon their request.

company that offers complete to maintain transparency with its all of the information related to online company also arranges

If you are looking for a good deal on a salvage car, then an online auction company can make it possible. Don’t delay any longer as SalvageBid is here to serve you and offer you the best shopping experience for your salvage car.

Derrick Martin | No comments

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