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Salvage Car Auctions and Insurance Auctions Canon City CO

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.

City Auto Plaza
(719) 275-2329
3151 E US Highway 50
Canon City, CO
Radiator Repair,Truck Service Station,Truck Detailing,Tune up Repair,Used Truck Dealer,Van Dealers,Auto Dealers

Colorado Springs Auto Auction
(719) 392-3406
500 Willow Spring Rd
Fountain, CO
Colorado Auto Auction
(303) 287-8077
6955 E 50th Ave
Commerce City, CO
Klode Salvage Distribution Center Inc
(303) 470-5511
8300 Blakeland Dr
Littleton, CO
Pacific Auction Inc
(303) 287-0691
5450 Dahlia St
Commerce City, CO
(877) 550-1262
1280 Highway 50
Delta, CO
Denver Auto Auction
(303) 343-3443
17500 E 32nd Ave
Aurora, CO
Loveland Auto Auction Inc
(970) 669-4994
2500 E 13th St
Loveland, CO
Klode Auto
(970) 249-1883
2730 N Townsend Ave
Montrose, CO
Dealers Auto Auction Of The Rockies
(303) 289-7716
7175 York St
Denver, CO

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.

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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