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Salvage Car Auctions and Insurance Auctions Cocoa FL

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.

Cocoa Auto Auction
(321) 636-2886
500 Cox Rd
Cocoa, FL
 
Mike Erdman Toyota Scion
(321) 453-1313
1545 E Merritt Island Causeway
Merritt Island, FL
Services
Clutch Repair,Fuel Injection Repair,Radiator Repair,Van Dealers,Auto Dealers

Qablawi Auto Sales
(321) 637-0900
1206 N Cocoa Blvd
Cocoa, FL

Data Provided by:
Lathem Auto Sales
(321) 636-6633
3520 N Cocoa Blvd
Cocoa, FL

Data Provided by:
Pineda Bait And Tackle
(321) 254-2366
5800 N Wickham Rd
Melbourne, FL

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Space Coast Auto Auction Of Melbourne
(321) 242-1833
2870 Electronics Dr
Melbourne, FL
 
Mike Erdman Cadillac
(321) 453-2050
445 East Merritt Island Causeway
Merritt Island, FL
Services
Fuel Injection Repair,Radiator Repair,Auto Dealers

Automaster
(321) 631-7688
875 N Cocoa Blvd
Cocoa, FL

Data Provided by:
Ryans Auto List
(781) 588-2392
Harbor Pines Dr
Merritt Island, FL
Car Makes
All

TIKI MOTORS
(321) 215-1909
1721 CROTON RD MELBOURNE FL 32935
MELBOURNE , FL
Car Makes
ALL
Hours
10AM -7PM
Prices and/or Promotions
GREAT CASH DEALS

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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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