Since repairs must cost more than the vehicle’s value, less-valuable vehicles will generally be totaled for cheaper repairs. This means an older salvage car will require less damage to be designated as salvage than a newer car. You can take advantage of this fact by seeking out older or cheaper vehicles and trying to spot the amount of repairs it will need. You can often find easier fixes on these cars than you can new ones.
That being said, newer vehicles will have a higher resale value, even after being salvaged. They will also generate more interest because people want to be seen in a recent model car.
Car detailing – Man with orbital polisher in auto repair shop.
On top of that, many newer luxury cars will have components that are expensive-to-fix at retail prices.
For instance, a BMW may have cosmetic damage to fenders and body kits that would be very cost-prohibitive if replaced with new OEM parts.
If you were to find replacement used or wholesale auto parts, they could be painted to match the vehicle and it could be returned to a like-new appearance.