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Salvage Car Auctions and Insurance Auctions Post Falls ID

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.

Tga Wholesale
(208) 777-8652
1800 E Polston Ave
Post Falls, ID
 
Mountain View Motors
(208) 773-2142
508 E Seltice Way
Post Falls, ID

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Auto Credit
(208) 457-9787
120 W Seltice Way
Post Falls, ID

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Rathdrum Motors
(208) 687-8741
13785 W Highway 53
Rathdrum, ID

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Cherry Lane Auto Plaza
(509) 921-5650
17124 E Sprague Ave
Spokane Valley, WA

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Todd's
(208) 773-8004
1790 E Seltice Way Ste B
Post Falls, ID

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Findlay Hyundai
(208) 619-2500
1665 E Edmonton Ave
Post Falls, ID

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Sneva's Affordable Cars
(208) 664-4798
2929 N Government Way
Coeur D Alene, ID

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George Gee Buick Pontiac Gmc
(509) 927-1000
21502 E George Gee Ave
Liberty Lake, WA

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Valley Auto Liquidators
(509) 927-7774
13818 E Sprague Ave
Spokane Valley, WA

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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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