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Salvage Car Auctions and Insurance Auctions Omaha 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.

INSURANCE AUTO AUCTION
(877) 550-1262
4506 52nd
Omaha, NE
 
Wolfson Used Cars
(402) 558-3233
1308 N Saddle Creek Rd
Omaha, NE

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Dealin Dj's Car & Truck Sales
(402) 553-7729
6002 Ctr St
Omaha, NE

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Happy Jack's Auto Sales
(402) 561-6588
4654 Leavenworth St
Omaha, NE

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Dan D Auto & Ski
(402) 556-1282
4669 Leavenworth St
Omaha, NE

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Heritage Auto Sales
(402) 551-1779
5115 Ctr St
Omaha, NE

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Elmwood Auto Sales & Ski
(402) 561-8630
5923 Leavenworth St
Omaha, NE

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Catholic Charities
(402) 898-2277
6030 Arbor St
Omaha, NE

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Mini Of Omaha
(402) 393-9700
716 N 102nd St
Omaha, NE

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Auto World
(402) 393-3325
337 S 72ND St
Omaha, 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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