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Salvage Car Auctions and Insurance Auctions Albemarle NC

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.

Ben Mynatt Chevrolet Oldsmobile Cadillac
(704) 786-2151
281Concord Parkway, South
Concord, NC
 
Tommy's Auto Sales
(704) 888-1430
4651 Hwy 24 27 E
Midland, NC

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INSURANCE AUTO AUCTION
(877) 550-1262
171 Carden
Graham, NC
 
West Jefferson Auto Auction
(336) 246-2212
181 Beaver Creek Church Rd
West Jefferson, NC
 
Capital Auto Auction
(919) 570-5570
2380 Long Mill Rd
Youngsville, NC
 
Tcl The Car Lot Inc
(704) 888-1145
12725 Hwy 601
Midland, NC

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Insurance Auto Auctions
(877) 550-1262
60 Sadisco
Clayton, NC
 
Insurance Auto Auctions
(877) 550-1262
415 Madeline Trask
Castle Hayne, NC
 
Goldsboro Auto Auction
(919) 735-1850
1820 Nc Highway 581
Pikeville, NC
 
Dunn Auto Auction
(910) 892-5136
611 Spring Branch Rd
Dunn, NC
 
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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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