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Salvage Car Auctions and Insurance Auctions Mount Pleasant SC

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.

CAROLINA CARS OF MT PLEASANT
(843) 388-7117
1475 Stuart Engals Blvd
Mt Pleasant, SC

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New Life Auto Sales
(843) 767-1122
5103 Dorchester Rd
Charleston, SC

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Coliseum Motors
(843) 552-7773
4991 Dorchester Rd
North Charleston, SC

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Cross Country Campers, Inc.
(843) 552-7515
5036 Rivers Avenue
North Charleston, SC
 
Payless Car Sales
(843) 225-5377
7610 Dorchester Rd
Charleston, SC

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Gene Reed's Auto Max Pre-Owned
(843) 764-2858
7501 Rivers Ave
North Charleston, SC

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Value Cars Rent To Own Llc
(843) 225-6567
2801 Ashley Phosphate Rd
North Charleston, SC

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Bonaparte Automotive Llc
(843) 207-8230
7643 Dorchester Rd
North Charleston, SC

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Northwoods Auto Sales 2
(843) 552-9855
5730 Dorchester Rd
North Charleston, SC

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Northwoods Automotive
(843) 207-1950
3733 Ashley Phosphate Rd
Charleston, SC

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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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