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Salvage Car Auctions and Insurance Auctions Newport KY

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.

INSURANCE AUTO AUCTNS INC
(877) 550-1262
10100 Windisch
West Chester, OH
 
Columbia Development
(513) 721-3000
250 East Fifth Street
Cincinnati, OH

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Jim's Scrap Service Inc.
(513) 921-9302
1025 Summer Street
Cincinnati, OH

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Just Saab Cincinnati
(513) 527-4300
6323 Madison Road
Cincinnati, OH

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The Bay Emm Vay Store Inc. dba The BMW Store
(513) 271-8700
6131 Stewart Road
Cincinnati, OH

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Public Auto Auction
(513) 679-7910
8200 Reading Rd
Cincinnati, OH
 
Thomson-MacConnell Cadillac Inc.
(513) 221-5600
2820 Gilbert Avenue
Cincinnati, OH

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J.W. Express Inc.
(513) 241-7400
2735 Spring Grove Avenue
Cincinnati, OH

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Thomas Trucking Inc.
(513) 731-8411
2300 Seymour Avenue
Cincinnati, OH

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Walt Sweeney Ford Inc.
(513) 922-4500
5400 Glenway Avenue
Cincinnati, OH

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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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