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Salvage Car Auctions and Insurance Auctions Muncie 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.

Muncie Auto Auction Inc
(765) 288-1861
3344 S Madison St
Muncie, IN
 
Kenny's Classic Cars
(765) 282-2678
1120 E 29th St
Muncie, IN

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jd byrider
(765) 286-8000
506 East Mcgalliard Road
Muncie, IN
 
Kar Korner
(765) 521-4130
2624 Broad St
New Castle, IN

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Indiana Auto & Truck Auction Inc
(260) 489-2776
4425 W Washington Center Rd
Fort Wayne, IN
 
Anderson Auto Auctions Inc
(765) 649-0434
6230 Columbus Ave
Anderson, IN
 
Gaddis Hyundai
(765) 287-8970
504 W McGalliard Rd
Muncie, IN
Hours
Mon,Wed,Thu,Fri 8am-7pmTue 8am-6pmSat 8am-5pm

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Ryan's Auto Sales
(765) 289-2277
3817 W Kilgore Ave
Muncie, IN

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Insurance Auto Auctions
(877) 550-1262
25631 State Road 2
South Bend, IN
 
Michiana Public Auto Auction
(574) 256-7505
2100 Lincolnway
Mishawaka, IN
 
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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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