How to Buy Insurance Settlement Vehicles

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By Debbie Cummings
eHow Contributing Writer

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Insurance vehicles are deeply discounted.

Insurance vehicles can be purchased from many places. The Internet has many sites listed by auto insurance brokers and companies in the business of selling salvage vehicles. Finding one in driving shape takes some investigative work.

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Difficulty: Moderate

Instructions

How to Buy Insurance Settlement Vehicles

Step 1

Roof damaged car

Search online for insurance settlement vehicles. Some sites are free; other want a few dollars for the list. The listings have vehicles from across the United States.
Step 2

2003 Pontiac Montana

Find free lists of auto salvage vehicles by searching for "auto insurance brokers." There might be dozens of results. Once you find an insurance broker that does not charge a fee for browsing, look at the latest cars, trucks and sport utility vehicles and the price.
Step 3

Check the auto insurance brokers for auctions as well. Many accessories and vehicles have bids that start as low as $5. Most will have a "buy it now" price. You do not have to bid if you purchase the vehicle with this option.
Step 4

Some vehicles have more damage than others.

Browse the sale vehicles. They are listed by the make and model, the year, the damage if known, the status of the title-salvage, rebuilt or good-and price and availability. They also have pictures in order to view the damage.

Tips & Warnings

Check for free sites. You should not pay an exorbitant price to find salvage vehicles.
When buying a car you plan on driving, make sure it is in repairable condition.