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Salvage Car Auctions and Insurance Auctions Escanaba MI

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.

Insurance Auto Auction
(877) 550-1262
700100 SW
Byron Center, MI
 
American Auto Auction
(313) 835-0090
9165 Hubbell St
Detroit, MI
 
Detroit Auto Auction
(734) 285-2587
20911 Gladwin St
Taylor, MI
 
West Michigan Auto Auction Llc
(616) 877-2020
4758 Division St
Wayland, MI
 
Premier Auto Auction
(734) 721-2886
6345 N Hix Rd
Westland, MI
 
Insurance Auto Auctions
(877) 550-1262
8251 Rawsonville
Belleville, MI
 
Greater Kalamazoo Auto Auction Inc
(269) 679-5021
900 N Us Highway 131
Schoolcraft, MI
 
Charity Auto Auctions
(313) 526-6001
11500 E 8 Mile Rd
Detroit, MI
 
Ludemans Northeastern Auto Auction Llc
(586) 749-3031
29600 26 Mile Rd
Chesterfield, MI
 
Expressway Auto Auction Inc
(231) 937-5868
8930 Maple Hill Rd
Howard City, MI
 

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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