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Salvage Car Auctions and Insurance Auctions Forest Hill MD

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.

Bsc America Inc
(410) 510-0521
803 Baltimore Pike
Bel Air, MD
 
Jones Plymouth
(410) 877-7604
1510 Bel Air Rd
Bel Air, MD

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Auto Store Of Aberdeen
(410) 272-7788
1219 S Philadelphia Blvd
Aberdeen, MD

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D & L Auto Sales
(410) 335-3797
10811 Pulaski Hwy
White Marsh, MD

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National Motors Inc
(410) 256-8373
4129 E Joppa Rd
Baltimore, MD

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Rpm Auto Sales
(410) 676-6336
900 Pulaski Hwy
Joppa, MD
 
Jones Junction Pre-Owned
(410) 879-1133
1506 Bel Air Rd
Bel Air, MD

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Smith Motor Co
(410) 335-2302
10800 Philadelphia Rd
White Marsh, MD

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Schaefer and Strohminger
(800) 658-4574
8200 Belair RD
Baltimore, MD
 
D & E Auto Sales Inc
(410) 444-1200
7210 Harford Rd
Baltimore, MD

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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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