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Salvage Car Auctions and Insurance Auctions Racine WI

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.

Metro Milwaukee Auto Auction
(262) 835-4436
561 27th St
Caledonia, WI
 
Dodgeland of Wisconsin
(414) 427-2000
6319 S 108th Street
Franklin, WI
Services
Clutch Repair,Fuel Injection Repair,Radiator Repair,Tune up Repair,Auto Dealers

Middle Town Motors
(262) 653-1074
3416 60th St
Kenosha, WI

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Autosource Motors Inc
(414) 483-9999
3210 E Layton Ave
Cudahy, WI

Data Provided by:
Frontier Motor Cars
(414) 282-2144
5150 S 27th St
Milwaukee, WI

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Hanna Trailers Inc
(414) 762-7950
7575 S Howell Avenue
Oak Creek, WI
Services
Trailer Repair,Truck Parts,Auto Dealers,RV and Camper Dealers

Hugasian Motors
(262) 886-3937
9000 Durand Ave
Sturtevant, WI

Data Provided by:
Guarenteed Auto Sales
(262) 652-3200
3116 22ND Ave
Kenosha, WI

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Frontier Fine Used Cars
(414) 282-2144
5150 S 27th St
Milwaukee, WI

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Foster Pontiac
(414) 282-5000
3636 S 27th St
Milwaukee, WI

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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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