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  2. How To Find the True Value of Your Car — and What ... - AOL

    www.aol.com/true-value-car-number-means...

    Today, the average used car has around 70,000 miles, and some dealerships take in cars with up to 150,000 miles as trades. However, a vehicle with lower miles usually sells for a higher price than ...

  3. Salvage title - Wikipedia

    en.wikipedia.org/wiki/Salvage_title

    In the state of Michigan, the issuance of a salvage title does not mean that the vehicle is also deemed a total loss. [6] Michigan issues a salvage title when the damage equals 75-90% of the pre-damage value; if the loss is 91% or greater the vehicle is eligible only for a "scrap" title, which cannot be subsequently upgraded by any means.

  4. Wrecking yard - Wikipedia

    en.wikipedia.org/wiki/Wrecking_yard

    At the salvage yard, the automobiles are typically arranged in rows, often stacked on top of one another. Some yards keep inventories in their offices, listing the usable parts in each car, as well as the car's location in the yard. Many yards have computerized inventory systems. About 75% of a vehicle can be recycled and used for other purposes.

  5. Vehicle recycling - Wikipedia

    en.wikipedia.org/wiki/Vehicle_recycling

    New Zealand motor vehicle fleet increased 61 percent from 1.5 million in 1986 to over 2.4 million by June 2003. By 2015 it almost reached 3.9 million. This is where scrapping has increased since 2014. Cash For Cars is a term used for Car Removal/Scrap Car where wreckers pay cash for old/wrecked/broken vehicles depending on age/model.

  6. Vehicle impoundment - Wikipedia

    en.wikipedia.org/wiki/Vehicle_impoundment

    Vehicle immobilization is a key part of the act of impounding.. Vehicle impoundment is the legal process of placing a vehicle into an impoundment lot or tow yard, [1] which is a holding place for cars until they are placed back in the control of the owner, recycled for their metal, stripped of their parts at a wrecking yard or auctioned off for the benefit of the impounding agency.

  7. List of most expensive cars sold at auction - Wikipedia

    en.wikipedia.org/wiki/List_of_most_expensive...

    This is a list of the most expensive cars sold in public auto auctions through the traditional bidding process.. On May 5, 2022, in a secret auction at the brand's museum in Germany, Mercedes-Benz sold one of just two 1955 300 SLR Uhlenhaut coupes from its extensive collection of historical automobiles—which dates back to the earliest days of the car in the late 19th century.

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