What is typically the outcome for items categorized as salvage?

Items categorized as salvage typically represent goods that have been damaged or deemed no longer fit for their original purpose but still have some residual value. The most common outcome for these items is that they are usually auctioned or disposed of. This reflects the idea that salvage items do not possess enough value to be restored or used as intended, so instead, they are sold to the highest bidder or disposed of in a way that recoups some of the investment.

The process of auctioning or disposing of salvage items allows for recovery of at least a portion of the asset's initial cost, even if they cannot be returned to their original state. This also helps manage inventory and clear space for new products or materials. Depending on the nature of the goods and the extent of the damage, salvage can sometimes attract buyers interested in repurposing or using the items as parts for repair, but the priority is often to minimize loss through a quick sale or disposal.

In contrast, options that involve holding items for further inspection, restoring them, or reassessing their value are less common. While there may be instances where salvage items are inspected or evaluated, the typical outcome focuses on quick liquidation to maximize recovery.