We saw quite a lot of signs around our neighborhood recently. One of them is "We Pay Cash"
It reasonable to buy second hand running car for resale, but what are purposes to buy wrecked and flooded cars?
We find "surprising" answer that wrecked and flooded cars could be exported to under developing countries.
Sure, these cars will be repaired before putting back on the road. These countries have "less stringent regulations."
Other reasons are (after searching through internet):
- vehicles often yield valuable parts that can be resold or used for repairing other vehicles.
- Although a vehicle may be beyond repair, it retains value as scrap metal. The buyer can extract and sell materials such as steel, copper, and aluminum.
- Certain buyers possess the skills and resources to reconstruct a wrecked vehicle, offering an opportunity to acquire a car at a significantly reduced cost.
What do you think?
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