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Salvage Car Auctions and Insurance Auctions Boaz AL

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.

RVingPlanet
(785) 454-1194
61 N. Main Street
Boaz, AL
 
Eagle Auto
(256) 543-3396
2417 W Meighan Blvd
Gadsden, AL

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C Hall Motors Used Cars
(256) 543-3111
1405 Gadsden Ave
Gadsden, AL

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INSURANCE AUTO AUCTIONS INC
(877) 550-1262
16164 Ennis
Athens, AL
 
Tuscaloosa Auto Auctions
(205) 554-7945
700 28th Ave
Tuscaloosa, AL
 
Wholesale Cars
(256) 891-7253
6468 Us Highway 431
Albertville, AL

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Edwards Motors Inc
(256) 546-9105
1609 W Meighan Blvd
Gadsden, AL

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INSURANCE AUTO AUCTIONS INC
(877) 550-1262
15994 US Highway 431
Headland, AL
 
INSURANCE AUTO AUCTIONS INC
(877) 550-1262
1600 Highway 150
Bessemer, AL
 
Shoals Auto Auction Detail
(256) 386-0057
525 W Tuxedo Ave
Muscle Shoals, AL
 
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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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