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  2. 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 ...

  3. Vehicle recycling - Wikipedia

    en.wikipedia.org/wiki/Vehicle_recycling

    In this business model, cars often sit in a dedicated yard for anywhere from a few weeks to several months, and patrons can bring their own tools and remove any parts they want to buy. Once a vehicle has been in the yard for a sufficient period of time, the facility will proceed with the end-of-life vehicle scrapping and recycling process.

  4. Auto auction - Wikipedia

    en.wikipedia.org/wiki/Auto_auction

    The law requires listing dealers to disclose bigger mechanical problems, which may void the manufacturer's warranty and classify the vehicle as junk, salvage, lemon/consumer buy-back, etc. There are special auctions for these types of vehicles (salvage, rebuilt, or junk vehicles), sold mostly by insurance companies.

  5. Shopping for a used car? RMV warns of flood-damaged vehicles ...

    www.aol.com/shopping-used-car-rmv-warns...

    Check for a salvage or 'branded' title. When a vehicle is declared a total loss due to flooding, the insurance company issues a salvage title, often labeled with a “brand” indicating the ...

  6. Why Copart Stock Jumped 23% Last Month - AOL

    www.aol.com/finance/why-copart-stock-jumped-23...

    Shares of vehicle salvage company Copart (NASDAQ: CPRT) jumped 23.2% in November, according to data provided by S&P Global Market Intelligence.This company is one of the most consistent performers ...

  7. Car Allowance Rebate System - Wikipedia

    en.wikipedia.org/wiki/Car_Allowance_Rebate_System

    Program logo The Toyota Corolla was the program's top seller according to U.S. DoT [1] The Ford Explorer 4WD was the program's top trade-in according to the U.S. DoT [1]. The Car Allowance Rebate System (CARS), colloquially known as "cash for clunkers", was a $3 billion U.S. federal scrappage program intended to provide economic incentives to U.S. residents to purchase a new, more fuel ...

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