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Salvage Car Auctions and Insurance Auctions Albuquerque 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
 
Albuquerque Auto Auction
(505) 242-9191
3411 Broadway Blvd
Albuquerque, NM
 
Danny Voight Auto Ctr
(505) 254-1600
7800 Lomas Blvd NE
Albuquerque, NM

Data Provided by:
Lomas Auto Mall
(505) 275-9999
7500 Lomas Blvd NE
Albuquerque, NM

Data Provided by:
Affordable Auto Sales
(505) 266-2886
4525 Lomas Blvd NE
Albuquerque, NM

Data Provided by:
Acme Auto Auction Inc.
(505) 877-4073
8705 Broadway SE
Albuquerque, NM
 
Cross Country Auto Sales
(505) 715-5282
5711 Lomas Blvd Ne
Albuquerque, NM

Data Provided by:
Elite Auto Sales
(505) 232-2750
6108 Lomas Blvd Ne
Albuquerque, NM

Data Provided by:
Quality Used Cars & Truck Ctr
(505) 348-1288
7833 Lomas Blvd Ne
Albuquerque, NM

Data Provided by:
Autobest
(505) 881-6477
3910 Menaul Blvd NE
Albuquerque, NM

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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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Insurance Auto Auction Albuquerque NM
4400 Broadway S.E.
Albuquerque, NM 
505-873-2081

Auction Hours:
Every Monday at Noon - 12:00 PM MT

Onsite_Preview:
Friday preceding the sale from 9:30 AM-4:00 PM MT

Office Hours: Mon - Fri 8:00AM-5:00PM MT
Sat & Sun: closed

Yard Hours: Mon - Fri 8:00AM-4:30PM MT Sun & Sat Closed

Additional Information: We are now going to a weekly sale, every Monday at Noon! There will still be a 3hr preview before the sale that starts at 12 MST. Please remember, All vehicles that you are awarded must be paid for by Wednesday or there will be a late fee, and must be removed by Friday night or storage starts. All vehicles must be paid for including all fees by the next Wednesday or you WILL get a renege fee and be Banned from IAA until the renege fee paid for. IAA is not responsible to remind you that you need to pay for a vehicle before this happens. Sorry for any inconvenience.