Ever thought that junk cars could be a great business? With repair costs exceeding vehicles’ market value, insurers are declaring more smashed cars as total loss. Salvage auto auctioneers are reaping ...

After completion of spin-off, KAR will focus primarily on its whole car auction marketplaces and technology solutions serving OEMs, captive financing companies, vehicle lending institutions, fleets, ...

In many ways, insurance salvage auctions are the great equalizer in the automotive world. No matter how important, how anticipated, how advanced a new car is, there will always be a first to fall to ...

The popularity of salvage car auctions has increased recently because of their distinctive viewpoint on the business and environmental elements of the automobile industry. These auctions, in which the ...

Earlier today, we reported on the first wrecked 2020 Toyota Supra to show up at a salvage auction. Its auction listing didn’t provide much background into how the Supra got to its current state, but ...

DETROIT, Feb 27 (Reuters) - Vehicle auction company KAR Auction Services Inc said on Tuesday it will spin off its salvage auction business unit within the next 12 months so both entities will be able ...

At a Florida salvage auction, dozens of high-end cars sit damaged after severe flooding from multiple storms. The video ...

The video documents a walkthrough of Los Angeles salvage auctions filled with exotic sports cars, performance trucks, and ...

Porsche fans look away as a 918 Spyder looks to have been involved in a serious crash. All that’s left is a hulking heap of wires, metal and carbon fiber. A photo showing the odometer reveals that the ...

However, there was a catch in the design of the car A PETROLHEAD has revealed how they paid just £50 to get their dream car running again after snapping it up for a bargain price at a salvage auction.