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Salvage Car Auctions and Insurance Auctions Indianapolis IN

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.

Junk Car Buyer
(219) 671-2644
5333 W 46th St
Indianapolis, IN
 
Marion County Auction Llc
(317) 248-0100
1347 S Moreland Ave
Indianapolis, IN
 
Auto Dealers Exchange
(317) 352-0121
8635 Brookville Rd
Indianapolis, IN
 
Olds Inc Commercial Drapery
(317) 257-2450
846 N Senate Ave
Indianapolis, IN

Data Provided by:
Duke Golds Speedway Mazda Subaru Volkswagon Body SHO
(317) 263-0002
1930 W 16th St
Indianapolis, IN

Data Provided by:
Kesler Schaefer Auto Auction Inc
(317) 297-6230
5333 W 46th St
Indianapolis, IN
 
Manheim Indianapolis Auto Auction
(317) 862-8622
3110 S Post Rd
Indianapolis, IN
 
Bill's Auto Sales
(317) 638-9165
902 E Washington St
Indianapolis, IN

Data Provided by:
Falcone Automotive
(317) 263-0002
1930 W 16th St
Indianapolis, IN

Data Provided by:
Indy's Unlimited Motors
(317) 377-1111
4325 Allisonville Rd
Indianapolis, IN

Data Provided by:
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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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