Planet Salvage is the first Internet based marketplace devoted to creating a global information and trading exchange for the salvage community. The launch of Planet Salvage's flagship auto salvage marketplace comes at a time when the auto parts industry is ripe for an Internet solution. Despite the significant volume of the auto salvage industry, estimated at $40-$60 billion in transaction volume each year, buying and selling recycled and rebuilt auto parts is a complicated, lengthy process that often results in lost sales for sellers and overpriced parts for buyers due to impractical sales methods. Planet Salvage simplifies and transforms this process.