Auto Leasing Guide
Go to LeaseGuide.com now !

Salvage Car Auctions and Insurance Auctions Opelousas LA

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 Auctions
(877) 550-1262
301 Malapart
Lafayette, LA
 
Insurance Auto Auctions
(877) 550-1262
15315 Ronald Reagan
Covington, LA
 
Insurance Auto Auctions
(877) 550-1262
301 Malapart
Lafayette, LA
 
Insurance Liquidators Inc
(337) 896-3829
301 Malapart Rd
Lafayette, LA
 
The Shreveport Boiser Auto Auctiin
(318) 221-3362
1315 Grimmett Dr
Shreveport, LA
 
Insurance Liquidators Inc
(337) 896-3829
301 Malapart Rd
Lafayette, LA
 
Insurance Auto Auctions
(877) 550-1262
29000 Frost
Livingston, LA
 
Manheims Greater New Orleans Auto Salvage
(985) 639-0557
37127 Brownsvillage Rd
Slidell, LA
 
Manheims Greater New Orleans Auto Auction
(985) 643-2061
61077 Saint Tammany Ave
Slidell, LA
 
Ryder Motors And Lc Auto Auction
(318) 335-4079
117 Highway 165
Oakdale, LA
 

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,...

Click here to read the rest of this article from Lease Guide