IS BUYING A SALVAGE CAR FROM COPART WORTH IT? (COST BREAKDOWN)
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- Опубліковано 25 тра 2024
- Welcome back to Shifting Gears, in todays video we break down the cost of buying a car from a salvage company like CoPart, we give you an insite of the hidden fees and costs and some things to look out for before buying a salvage car.
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U live and u learn Paajis atleast u lot know what to look out for when u get another one or just buying a car in general. I've been in the exact same situation before got excited rushed into buying my first car and there's so many checks I should of done back then but for now at least I've learnt and know what to look out for, sick vid paajis once again smashed it 😎😎🤝❤️❤️
Yeah 100% bro appreciate that man ❤️👊
You're still getting confused about the charges guys. The app didn't work correctly when you tried to calculate the charges for a £2500 car - it was still displaying the charges for your £2000 car. When buying anything at an auction house or a car auction, you will typically be charged a buyers premium of 15%, then any other fees are added on to the sales price. When that's all added up you then get charged 20% VAT on top of the total.
As a rule of thumb in auctions, estimate your actual cost to be at least 40% higher than the final bid price, thus your £2000 car actually cost you nearly £2900. A £2500 car is going to cost near £4000! That's before you think about transport costs.
Thank you for your advice appreciate it ❤️👊
This video was dope, thank you for the solid advice and being transparent. 👊🏾
Appreciate that!
I would not touch a peugeot GTI or anything Ford ST from Poopart ever, all of those I see on the road are being ragged. Recently seen the same ST at my local garage for a headgasket, my mechanic told me it was clearly ragged from cold. Recently bought an A3, but before anything else I did 100% checks on the car and found a few minor issues despite a 100% clean record - when you do that, it's then very easy to have the seller drop the price as well, got it £1500 under market value.
8:30 so, you went in there without even an OBD II reader, ouch.
Lesson learnt haha 👌
@@shifting_gearss yeah exactly, learn and live.
Depends on the miles. Theres been a few fiesta st's low mileage those are the ones you want to entertain. Wouldn't entertain high mileage cars always a risk on copart with them. Been using copart for years and always go for Low mileage and works out well so far. No matter what theres always going to be a risk of the unknown but its part of it.