Dec 13, 2011

Auto auction

I've been waiting for this commerce to be put up for sale FOREVER. I know (..) has to receive the title from the insurance actors before the can put the truck up for sale but its been like 3 months. Trucks that are completely wrecked that are put up after this traffic sell first, but this truck has no damage so i dont know why its taking forever. I be acquainted with it takes insurance companys forever to do paperwork but 3 months!? if you know the so so time for vehicles on IAAI or any other salvage auto auctions it would be great. Til then, the hang about continues
Answer: There can be many reasons for the pigeon-hole. If the payoff on the truck is more than the insurance settlement, the owner of the vehicle would have to come up with the difference before the lien holder would unshackle the title.

There may be a lawsuit involved. There may be other issues with the vehicle, such as it having been stolen and the VIN altered, and there may be a delay in getting that straightened out. Without shrewd the history of the vehicle, there is no way to be sure.

What happens is the insurance companies have the vehicles towed to (..)

(or another attendance) to avoid paying storage at tow companies. The insurance companies have a special do business, where the sale company does not charge them for storage. Sometimes the insurance company ends up selling the vehicle back to the proprietor, if it is a total loss. In that case, the car will never hit the auction block.

There is also the possibility that an wage-earner at IAAI wants to buy the vehicle, and it may be slipped into a sale at the last minute, to try to keep the bidding down. Some locations of IAAI are worse about things like that than others.

If you’re looking for a new vehicle, you might have thought to look for police impound cars for sale. They’re a great way to find an awesome deal on a new car and it’s usually fairly easy to find them. Most are sold at local police auctions or at police online auctions. Impound cars are cars that have been seized for any number of reasons, from being driven by an impaired driver to being parked illegally on the side of the road. When the fees aren’t paid on an impounded vehicle, the vehicle then becomes the property of the police department, who then sells these vehicles to help raise money for the police department to pay for more police officers, new police vehicles, or new or upgraded equipment that is needed.

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