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Salvage Car Auctions and Insurance Auctions Prior Lake MN

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.

Northstar Auto Auction
(952) 445-5544
4908 Valley Industrial Blvd
Shakopee, MN
 
Dodge Of Burnsville Inc
(952) 894-9000
12101 Highway 35w S
Burnsville, MN

Data Provided by:
Walser Buick Pontiac GMC
(952) 400-7987
4601 American Blvd W
Bloomington, MN
Parking
lot

Data Provided by:
Budget Car and Truck Rental
(952) 888-2928
1217 South Clover Dr
Bloomington, MN
 
Jim Lupient's Used Cars
(763) 513-5444
7100 Wayzata Blvd
Golden Valley, MN

Data Provided by:
Furlong Motors
(507) 645-5619
1600 Cannon Lane
Northfield, MN
Services
Fuel Injection Repair,Radiator Repair,Tune up Repair,Auto Dealers

Cargo Van-Go Inc
(952) 445-0182
7380 Hwy 101 E
Shakopee, MN

Data Provided by:
Kassick Motors
(952) 884-9555
1000 West 94th St.
Bloomington, MN
 
Freeway Ford, Inc.
(952) 888-9481
9700 Lyndale Ave. S.
Bloomington, MN
 
Carquest Auto Parts
(612) 827-5956
918 West Lake S
Minneapolis, MN
 
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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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