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Salvage Car Auctions and Insurance Auctions Salem OR

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.

Copart Auto Auctions
(503) 981-2910
2885 National Way
Woodburn, OR
 
Just A Good Car Lot
(503) 540-0009
1640 Capitol St NE
Salem, OR

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Power Auto Credit Dept
(503) 362-1273
3248 Market St NE
Salem, OR

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K & L Auto Sales
(503) 391-6309
2175 Fairgrounds Rd NE
Salem, OR

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Hawthorne Auto Sales
(503) 485-2999
1477 Hawthorne Ave NE
Salem, OR

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Towers Auto Auction
(503) 981-7777
280 S Pacific Hwy
Woodburn, OR
 
Auto Sports Of Oregon
(503) 362-2277
1092 Broadway St NE
Salem, OR

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Jessie & Sons
(503) 371-6899
1190 Capitol St Ne
Salem, OR

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Rich's Xtreme Auto
(503) 371-0017
505 Pine St NE
Salem, OR

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Rino Recovery
(503) 315-2011
5875 Gaffin Rd SE
Salem, OR

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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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