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Salvage Car Auctions and Insurance Auctions Fort Smith AR

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.

D Ea Auto Auctions
(479) 883-6778
4923 Old Greenwood St
Fort Smith, AR
 
Blue Ribbon Auto Ctr Roland
(918) 427-7142
305 E Ray Fine Blvd
Roland, OK

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Randy Mitchell Auto
(918) 427-6547
111 W Shawntel Smith Blvd
Muldrow, OK

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Greenbrier Auto Auction
(501) 679-6895
281 S Broadview St
Greenbrier, AR
 
Adesa
(479) 725-1330
5725 N Thompson St
Bethel Heights, AR
 
Breeden Hyundai
(479) 424-2440
11727 Hwy 71 South
Fort Smith, AR
 
Greenwood Movie Rental
(479) 996-6811
560 W Center St
Greenwood, AR

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INSURANCE AUTO AUCTION INC
(877) 550-1262
4900 Kerr
Scott, AR
 
Manheim Northwest Arkansas
(479) 631-1669
2414 S 8th St
Rogers, AR
 
166 Auto Auction
(479) 631-1669
2414 S 8th St
Rogers, AR
 
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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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