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Salvage Car Auctions and Insurance Auctions Laconia NH

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.

Autoserv of Tilton
(603) 286-3141
634 West Main Street
Tilton, NH
Services
Auto Body Repair,Auto Repair,Clutch Repair,Truck Dealers,Used Truck Dealers,Used Car Dealers,Auto Dealers

Millennium Motor Sales Incorporated
(603) 267-6664
110 NH Rte 106
Gilmanton, NH

Data Provided by:
White Mountain Auto Broker
(603) 968-3005
384 Main St
Ashland, NH

Data Provided by:
INSURANCE AUTO AUCTIONS INC
(877) 550-1262
75 Lowell
Salem, NH
 
Capital Auto Auction Inc
(603) 622-9058
190 Londonderry Tpke
Manchester, NH
 
Hutchinson Motors
(603) 528-8611
6 Farrarville Rd
Belmont, NH

Data Provided by:
Regal Auction Services LLC
(800) 22r-egal
349 Central Street
Franklin, NH
 
Mr B's Auto World Inc
(603) 934-9111
403 N Main St
Franklin, NH

Data Provided by:
Auto Auction Of New England Inc
(603) 437-5700
8 Action Blvd
Londonderry, NH
 
Insurance Auto Auctions Inc
(603) 893-2300
75 Lowell Rd
Salem, NH
 
Data Provided by:

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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