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Salvage Car Auctions and Insurance Auctions Toledo OH

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.

Ed Schmidt Collision Center
(419) 897-8600
1425 Reynolds Road
Maumee, OH
Services
Collision Repair,Truck Auto Body,Auto Dealers

Ram Auto Sales
(419) 471-9966
4216 Monroe St
Toledo, OH

Data Provided by:
Tom Cater Auto Sales
(419) 475-1700
2501 Tremainsville
Toledo, OH
Car Makes
9:30-6:00 Weekdays 9:30-4:00 Sat CLOSED SUNDAY
Hours
Now Buying Vehicle - Quick and EASY

Northpointe Auto Sales
(419) 729-2688
5505 N Summit St
Toledo, OH

Data Provided by:
Yark Subaru
(949) 515-4447
6000 West Central Ave.
Toledo, OH
 
Saver Auto
(419) 534-3443
903 N Westwood Ave
Toledo, OH

Data Provided by:
Nationwide Auto Finance
(419) 691-1141
1506 Woodville Rd
Toledo, OH

Data Provided by:
RADA & Sons Used Auto & Parts
(419) 478-7080
4108 Lagrange St
Toledo, OH

Data Provided by:
Auto Max Auto Sales Llc
(419) 691-3325
2215 Navarre Ave
Oregon, OH

Data Provided by:
Rose City Motors
(419) 531-5437
635 S Reynolds Rd
Toledo, OH

Data Provided by:
Data Provided by:

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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