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Salvage Car Auctions and Insurance Auctions Pueblo CO

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.

Gerard's Automotive
(719) 542-3195
1302 N. Main
Pueblo, CO
 
Vidmar Motor Company
(719) 544-5844
600 Albany
Pueblo, CO
 
Spradley Chevrolet, Inc.
(719) 544-8162
2146 Hwy 50 West
Pueblo, CO
 
Dave Solon Nissan & Subaru
(719) 545-4145
2525 W Highway 50
Pueblo, CO
 
Spradley Barickman Imports
(719) 543-6710
2145 Highway 50 West
Pueblo, CO
 
Southwest Motors,Inc
(719) 542-2677
13th and Santa Fe ave
Pueblo, CO
 
Wilcoxson Buick, Cadillac & GMC,
(719) 544-4423
902 N. Santa Fe
Pueblo, CO
 
Pueblo Toyota, Inc.
(719) 543-1719
2125 Highway 50 West
Pueblo, CO
 
Spradley Barickman Ford Lincoln Mercury, Inc.
(719) 545-3673
2828 Hwy 50 W
Pueblo, CO
 
Pueblo Dodge, Inc.
(719) 545-6666
2147 US 50 West
Pueblo, CO
 

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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