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Salvage Car Auctions and Insurance Auctions Ardmore OK

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.

Carter County Dodge Chrysler
(580) 226-1210
3600 W Broadway Street
Ardmore, OK
Services
SUV Repair,Used Car Dealers,Auto Dealers

Insurance Auto Auctions
(877) 550-1262
5754 Apache
Tulsa, OK
 
Central Oklahoma Auto Auction
(405) 381-4744
4200 E Hwy 37
Tuttle, OK
 
Dealers Auto Auction Of Okc
(405) 947-2886
1028 S. Portland
Oklahoma City, OK
 
I-40 Auto Auction, Inc.
(405) 670-0006
3737 TINKER DIAGONAL ST
Oklahoma City, OK
 
Mike Hellack Chevrolet
(580) 369-2344
1630 E Main Street
Davis, OK
Services
Fuel Injection Repair,Radiator Repair,Tune up Repair,Used Car Dealers,Auto Dealers

Leake Auction Company
Toll Free: 1-800-722-9942
11508 East 58th Street
Tulsa, OK
 
Oklahoma Auto Exchange
(405) 680-8660-Toll Free (877) 680-8660
2728 SW 25th
Oklahoma City, OK
 
81 Auto Auctions Inc.
(405) 222-2886
1348 Hwy 62
Chickasha, OK
 
Carter County Dodge Chrysler
(580) 226-1210
3600 W Broadway Street
Ardmore, OK
Services
SUV Repair,Used Car Dealers,Auto Dealers

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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