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Salvage Car Auctions and Insurance Auctions Bordentown NJ

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.

Copart Auto Auctions
(609) 918-1720
108 N Main St
Hightstown, NJ
 
Holman Cadillac
(856) 778-1000
1200 Route 73 S
Mount Laurel, NJ
 
Holman Toyota
(888) 843-6054
1301 Route 73
Mount Laurel, NJ
 
Holman Ford Lincoln Mercury of Maple Shade
(800) 396-5799
571 Route 38
Maple Shade, NJ
 
Peruzzi Pontiac Buick GMC Sales and Service
(215) 943-6000
165 Lincoln Highway
Fairless Hills, PA
Services
Clutch Repair,Radiator Repair,Retail Tire,Tune up Repair,Truck Dealers,Auto Dealers

Capital Auto Auction
(215) 332-2515
5135 Bleigh Ave
Philadelphia, PA
 
BMW of Mt Laurel
(856) 840-1400
1220 Route 73 S
Mount Laurel, NJ
 
Holman Scion
(856) 866-2000
1301 Route 73 North
Mount Laurel, NJ
 
Holman Infiniti
(800) 409-4219
577 Route 38 W
Maple Shade, NJ
 
American Honda Motor CO
(856) 866-8127
115 Gaither Drive
Mount Laurel, NJ
Services
Motorcycle Fabrication,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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