Why Hail Damaged Cars at Salvage Auction Are NOT Worth Rebuilding - YouTube

Hey guys, and welcome back. I am sam crac and today. We're going to follow up on those 2 hail

damaged cars that we discussed in our previous video the

Hyundai according to how everybody says I need to pronounce it in the comment section and the mustang Gt

But I'm going to tell you why I think that hail damaged vehicles are generally not the best deal at the auction

So when it comes to hail damaged cars

They're kind of a double-edged sword because they're the easiest cars to understand the damage in to fix the damage

It's generally a bunch of dents all over your car, and maybe a broken window and some trim pieces.

But on the flip side since the damage is so easy to understand and directly in your face it generates

Substantially more buyers than a regular damaged car flooded car or any other sort of at the auction so that means that the prices are

Substantially higher on them I've seen clean title hail damaged cars

Go for ninety cents on the dollar and in my opinion it is not enough of a discount to get excited about a hail damage car.

And so you heard me just say clean title hell that refers a lot of cars are clean title and house hail damage

What happens is dealership will have the car on the lot the hailstorm will come through

and instead of dealing with the process of fixing them and reselling up and maybe dealing with the liability of

Hiding things up and somebody discovering it. They just send them directly to auction and

You and I can bid on them, so yeah

You can get a clean title but say in the case of the mustang in the hyundai

if they had clean titles instead of those by now price being

22,000 the Mustang and around

$13,000 for Hyundai

you'd be talking about probably a

$5,000 premium on top of both of them if they had clean title in the stock market when everybody's focused on one trade

They called a crowded train

and

That's how I feel about

Hail damaged cars and David in the comment section pretty much hit the nail on the head with this common right here

Is that there's too many people that they attract so that's why I tend to not focus on hail. Damaged cars

the bats take hold

As you don't see this every day look at that at the prius

with this

Prius converted to like a El Camino truck style look at that thing

Check this thing out on like yeah short of that

like an El Camino

Prius come on guy, speed up

And they got their nice vegan bumper sticker check that out ... unbelievable

so the Hyundai and the

So the Hyundai

and the Mustang are such mass-produced vehicles

That means that new off the dealer lot. There's big incentives to be had on these cars and

that mustang that retails for forty you can pick up new for, I'd say, anywhere between like

36 37 thousand to give you an example

I bought a certified pre-owned mustang gt in the early 2016

Early last year. I bought it for

$29,999 its MSRP for

$42,000 and it had

13,000 miles on so that mustang I bought had a

extended warranty because it was certified pre-owned

and it has the

Remaining factory warranty whereas the salvage one would have zero warranty when you buy a car that's salvaged the warranty goes away completely

for Obvious reasons

in my car well

it did have

13,000 miles wasn't brand new You still have a car the clean title, it was a

really nice spec, and there's so many mustangs out there that the first year resale is a killer

$42,000 car after the first year with average miles always sell about

$10,000 less maybe eight or nine thousand dollars less depending

Car in the location the Hyundai on the other hand is just a bad deal

pretty much all around

because you can buy them too at the dealership like many other people pointed out and again such a

mass-produced car the incentive on a new one is

Pretty typical you know three four thousand dollars off. Sometimes not even negotiating

Well, I hope you enjoyed this discussion on hail damaged cars

I want you to be a part of the discussion in the comments section below be sure to drop me a line if you like

This video give it a thumbs up if you got a good deal on a hail damage car

Tell me about it a few people already have also make sure you're subscribed for future updates

I've been lining up a few car projects that we'll work on together

And be careful out there on the road because this almost happened to me today

Excuse the language and I'll catch you on the next video

Like what's going on here?

What the f--k is going on?

What the hell's he doing this guy's in front of me? You should've seen this the guy, the light's green, the guy goes

and he goes and the car starts going in reverse I almost had a

Two-time salvage S3 on my hands because the guy in front of me anyway