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At the end of their useful life, vehicles have value as a source of spare parts and this has created a vehicle dismantling industry. The industry has various names for its business outlets including wrecking yard, auto dismantling yard, car spare parts supplier, and recently, auto or vehicle recycling. Vehicle recycling has always occurred to ...
Victory Auto Wreckers was founded in the 1940s by a pair of World War II veterans. [3] The company was purchased by Kenneth Weisner in 1967 and is now owned by his son, Kyle. [4] Victory purchased wrecked or decommissioned vehicles and then allowed customers to browse through their lots in search of workable parts.
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.
Some salvage titles are the result of a car being stolen and vandalized or even having some parts stolen. Some special cases do exist. For example, your car may have a salvage title if a driver ...
Experts recommend caution when purchasing a salvaged vehicle, because there may be hidden damage, [3] which, if unrepairable, may render the vehicle a "pile of parts." [4] A junk title is a different classification for cars that can only be used for parts or scrap, and are not to be repaired to road-worthy conditions. [5]
Auto stocks took a battering on Monday as the market reckoned with the reality of President Donald Trump’s 25% blanket tariff on all goods from Mexico and Canada. The selloff subsided, however ...
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