What do Insurance Auto Auctions do?
IAA is a leading global marketplace to buy and sell total loss, damaged and low-value vehicles. Supported by industry-leading technology and innovation, IAA's solutions focus on maximizing the value of vehicles sold through its multi-channel auction model and shortening the selling cycle overall.
Is it good idea buy from auto auction?
Car Auctions for Dealers Only Buying, modifying and reselling cars bought at car dealer auctions can turn you a tidy profit. But if you only plan on buying cars for yourself, it's probably best to buy from auctions that are open to the public instead.
Why do insurance companies send cars to Copart?
Totaled Cars, Trucks, SUVs and More in Online Auction When an auto insurance company determines that a vehicle is a total loss, a state's DMV issues that vehicle a salvage title. Copart specializes in auctioning these type of vehicles.
Why are auto auctions so cheap?
Vehicles sold at online auto auctions are very cheap compared to those you can buy from dealers. This makes it easier for buyers on a tight budget to purchase the vehicles they need. You can get vehicles in a variety of conditions, including cars that are almost as new, very safe and perfectly functional.