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Salvage Car Auctions and Insurance Auctions Lincoln NE

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.

Metro Of Lincoln Auto Auction
(402) 475-5501
1440 M St
Lincoln, NE
 
Nebraska Auto Auction Inc
(402) 466-8477
7500 N 56th St
Lincoln, NE
 
Cornhusker Motors
(402) 435-5415
2223 P St
Lincoln, NE

Data Provided by:
A & A Auto
(402) 476-2999
2214 Q St
Lincoln, NE

Data Provided by:
Val's Budget Cars
(402) 475-0644
2300 Q St
Lincoln, NE

Data Provided by:
Lincoln Auto Auction
(402) 475-5500
1440 M St
Lincoln, NE
 
Lincoln Auto Auction
(402) 786-5500
11909 Highway 6
Waverly, NE
 
J & J Off Road Motors
(402) 476-3111
1410 N 27TH St
Lincoln, NE

Data Provided by:
A & B Auto Sales
(402) 435-6444
2701 R St
Lincoln, NE

Data Provided by:
Wally's Used Cars Inc
(402) 474-4809
2323 P St
Lincoln, NE

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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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