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  2. Insurance for a salvage car - AOL

    www.aol.com/finance/insurance-salvage-car...

    Despite this, insurance for a rebuilt title or salvage car could be more expensive than for a typical vehicle. Salvage cars can have issues that weren’t discovered and fixed when they were being ...

  3. Wrecking yard - Wikipedia

    en.wikipedia.org/wiki/Wrecking_yard

    Salvage yards also buy most of the wrecked, derelict, and abandoned vehicles that are sold at auction from police impound storage lots, and often buy vehicles from insurance tow yards as well. The salvage yard offer car removal services, allowing individuals to dispose of their old, non-functional vehicles responsibly, will usually tow the ...

  4. Salvage title - Wikipedia

    en.wikipedia.org/wiki/Salvage_title

    The Kelley Blue Book automatically rates any salvage vehicle as "poor" and does not value it at all. [12] The value of a vehicle with a salvage title is generally 65-75% lower than the vehicle's estimated value. If the vehicle is rebuilt to a road worthy condition and has passed State inspection, the difference in price is 60-70% of "fair" KBB.

  5. Auto auction - Wikipedia

    en.wikipedia.org/wiki/Auto_auction

    The insurance companies sell these vehicles to dealers or body shops who will fix them and resell them, or to auto recyclers who will part out the remaining parts of the vehicle that have not been damaged. Among these types of vehicles, there are quality cars ready to market. Late models with remaining factory warranty are not uncommon.

  6. Vehicle recycling - Wikipedia

    en.wikipedia.org/wiki/Vehicle_recycling

    New Zealand motor vehicle fleet increased 61 percent from 1.5 million in 1986 to over 2.4 million by June 2003. By 2015 it almost reached 3.9 million. This is where scrapping has increased since 2014. Cash For Cars is a term used for Car Removal/Scrap Car where wreckers pay cash for old/wrecked/broken vehicles depending on age/model.

  7. What happens to insurance when you sell your car? - AOL

    www.aol.com/finance/happens-insurance-sell-car...

    Buying a new car later on: If you plan on waiting a while before purchasing a new vehicle but frequently borrow someone else’s car, you could consider a non-owner car insurance policy. This kind ...

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