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Salvage Car Auctions and Insurance Auctions Roanoke Rapids NC

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.

Pleasant's Used Cars
(252) 537-8669
1401 Roanoke Ave
Roanoke Rapids, NC

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Charlie's Auto Sales
(252) 535-7970
22 Brigman St
Roanoke Rapids, NC

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Insurance Auto Auctions
(877) 550-1262
415 Madeline Trask
Castle Hayne, NC
 
Ellis Auto Auction
(336) 284-4080
2668 Us Highway 601
Mocksville, NC
 
Statesville Auto Auction
(704) 876-1111
145 Auction Ln
Statesville, NC
 
Roanoke Valley Auto Trader
(252) 535-4546
Online
Roanoke Rapids, NC
 
INSURANCE AUTO AUCTION
(877) 550-1262
171 Carden
Graham, NC
 
Insurance Auto Auctions
(877) 550-1262
60 Sadisco
Clayton, NC
 
Aycock Auto Auction
(910) 392-7775
5214 Market St
Wilmington, NC
 
Dunn Auto Auction
(910) 892-5136
611 Spring Branch Rd
Dunn, NC
 
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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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