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Salvage Car Auctions and Insurance Auctions Detroit Lakes MN

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.

Nyhus Family Sales
(218) 346-6464
456 3rd Ave SE
Perham, MN
Car Makes
Used Car Dealer
Hours
Monday-Friday 8AM-5PM Saturday 8AM-1PM Sunday Closed

Insurance Auto Auctions
(877) 550-1262
1280 Jackson
Saint Paul, MN
 
Copart Avon
(320) 356-2299
200 County Road 159
Avon, MN
 
Mid America Auction Services
(651) 633-9655
2008 County Road C
Saint Paul, MN
 
Art'S Parts
(507) 433-3750
1505 10th Dr SE
Austin, MN
 
Insurance Auto Auctions
(877) 550-1262
1336 Jackson
Saint Paul, MN
 
A Cs International Classic Car Auctions
(651) 633-9655
2008 County Road C
Saint Paul, MN
 
Nosbusch Auctions
(320) 679-5999
1381 King Rd
Ogilvie, MN
 
Southeast Minnesota Auto Auction
(507) 281-3890
2460 Marion Rd
Rochester, MN
 
Minneapolis Auto Auction
(763) 425-7653
8001 Jefferson Hwy
Maple Grove, MN
 

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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