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Salvage Car Auctions and Insurance Auctions Mound MN

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.

Northstar Auto Auction
(952) 445-5544
4908 Valley Industrial Blvd
Shakopee, MN
 
Minneapolis Auto Auction
(763) 425-7653
8001 Jefferson Hwy
Maple Grove, MN
 
Cargo Van-Go Inc
(952) 445-0182
7380 Hwy 101 E
Shakopee, MN

Data Provided by:
Golden Valley Auto Sales
(763) 544-0600
9010 Highway 55
Golden Valley, MN

Data Provided by:
Premier Motors Llc
(763) 535-2277
6048 Lakeland Ave N
Crystal, MN

Data Provided by:
Abc Minneapolis
(763) 428-8777
18270 Territorial Rd
Maple Grove, MN
 
Hooked On Classics
(952) 955-2706
701 Jefferson Ave SW
Watertown, MN

Data Provided by:
Jim Lupient's Used Cars
(763) 513-5444
7100 Wayzata Blvd
Golden Valley, MN

Data Provided by:
Prospect Auto Sales
(763) 515-8646
301 County Road 81
Osseo, MN

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Poquet Auto Sales
(763) 522-2000
800 Lilac Dr N
Golden Valley, MN

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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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