Notification Banner

Heavy Salvage | Buy From an Insurance Auction Site

August 15, 2022

Whether you’re an insurance adjuster representing an insurance company or an individual buyer interested in learning how to buy your salvage trailers, we’ve assembled a few things to consider before you begin.

Benefits of Insurance Auctions Sites

Quality Inventory 

When thinking about where to buy your salvage trailer, there are a multitude of platforms you can use both online and offline. If looking to make your salvage purchase in-person, be wary that the choices you get access to at a salvage yard may be limited. Because salvage yards only have inventory from the area, they may not have what you’re looking for. However, online auction sites give you access to a larger inventory from an array of areas. But, be aware that not all online auction sites will have an extensive inventory like an insurance auction site will. 

Platforms like eBay and craigslist offer the ability to connect buyers to sellers, but inventory is also limited as it is a direct-to-buyer site. Luckily, insurance auction sites provide access to certified sellers and extensive inventory. This not only allows you to find a salvage trailer that best fits your needs, but gives you access to prominent makes and models of trailer that other auctions do not have access to. 

While many may have the perception that insurance auction sites do not offer quality inventory, this is quite false. In actuality, many trailer salvage auctions offer quality inventory that is comparable to new trailers. While insurance auctions sites contain inventory that may have been previously damaged, once fixed, modern trailers can last up to a decade. 

Affordability

Insurance auctions have been growing in popularity over the past few years due to the financial benefit they offer. With the price of a new trailer having dramatically increased over the past few years, it can be hard to find an affordable trailer. However, by looking at trailer salvage auctions it allows buyers to expand their fleet or get started in the industry for a lower entry cost. 

Credibility

Another benefit of salvage trailer auctions is credibility. Independent sales listing websites like eBay or craigslist, can be littered with untrustworthy and unreliable sellers. This not only gives a bad name to salvage, but makes the buying process stressful and difficult. However, insurance auction sites offer a reliable platform of trusted sellers and guaranteed customer service to help make the process easier for salvage buyers.

Basics of Salvage Trailer Auctions

While you may be familiar with auto auctions in general, salvage trailer auctions are a bit different. When it comes to insurance auction sites, the trailers sold are usually commercial grade and have been damaged before. There are a multitude of ways that salvage trailers become damaged. Some trailers can be damaged due to theft, accidents, or natural disasters such as floods, tornados, or fires. However, it is important to note that not all salvage trailers are completely totaled. 

It is also common to find trailers on the insurance action site that have previously been fleet leased. When a company goes out of business, its entire fleet of trailers end up for auction. You can also find fleet leased vehicles at the salvage trailer auctions simply because they have reached a certain mileage. 

Buy Your Salvage Trailer with Heavy Salvage

Heavy Salvage offers the industry’s most trusted system of buying and selling transportation salvage. We specialize in connecting verified buyers to certified sellers of wrecked or salvaged semi-trucks, trailers, equipment or other heavy duty specialty vehicles with insurance companies and certified sellers. Check out hundreds of certified salvage trailers today.