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Salvage Car Auctions and Insurance Auctions Alamogordo NM

Read on to learn how to find cheap salvage and totaled cars being sold at auction by insurance companies. Learn about salvage auctions, insurance auctions, and buying theft-recovered vehicles. Find great project cars for sale and totaled cars for sale.

Insurance Auto Auctions
(877) 550-1262
4400 Broadway
Albuquerque, NM
 
Farmington Auto Auction
(505) 326-1005
1661 W Murray Dr
Farmington, NM
 
Acme Auto Auction Inc.
(505) 877-4073
8705 Broadway SE
Albuquerque, NM
 
Smith Ford Inc
(575) 542-3551
412 E Motel Drive
Lordsburg, NM
Services
Fuel Injection Repair,Radiator Repair,Tune up Repair,Used Car Dealers,Auto Dealers

High Desert Honda
(575) 769-0030
200 N Prince Street
Clovis, NM
Services
Motorcycle Fabrication,Motorcycle Repair,Auto Dealers

American Auto Auctions
(575) 234-2021
4303 National Parks Hwy
Carlsbad, NM
 
Albuquerque Auto Auction
(505) 242-9191
3411 Broadway Blvd
Albuquerque, NM
 
Springer Auto Company
(505) 483-2494
824 Fourth Street
Springer, NM
Services
Clutch Repair,Fuel Injection Repair,Radiator Repair,Tune up Repair,Truck Dealers,Used Car Dealers,Auto Dealers

Chevrolet Authorized Sales and Service
(505) 722-7701
1900 South 2nd Street
Gallup, NM
Services
Oil Change and Lube,Auto Body Repair,Truck Auto Body,Truck Service Station,Auto Dealers

Out West Auto Corral
(505) 256-6600
7815 Central Ave Ne
Albuquerque, NM

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Data Provided by:

Salvage Car Auctions and Insurance Auctions

Auto insurance companies buy and sell cars? It's true. However the cars are those that have been wrecked, weather damaged, or stolen, meaning that the insured owners of those vehicles have been paid by the insurance company after the vehicles have been declared total losses (totaled). The company attempts to recover some of its money by selling the vehicles, usually at salvage auction through an insurance salvage auction company.

Bargains at salvage auctions
It is possible to find outstanding bargains and relatively cheap cars by knowing how insurance salvage auctions work and where to find them. In many cases the cars are in great shape and need little or no repairs. Salvage and totaled cars can often make great project cars.

Examples
A large
car dealer in Texas had most of his new cars partially under water during a recent flood. The dealer's insurance company decided to declare all of the cars as total losses and paid the dealer. The insurance company then became the owner of the cars, some with major water damage and some with almost no damage. The company will sell the cars at auction with salvage titles. Smart buyers can pick up the cars, often at bargain prices, and repair them to resell or drive as their personal cars.

Another example: An insurance company's customer had his new car stolen. The police were unsuccessful in locating the vehicle. The insurance company paid the customer the cash value of the car. A few months later,...

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