So we have a E30 thats going to be totalled (needs a engine harness, DME, and oil level sensor) at my dealership. The body is VERY clean and the interior is mint. What im wondering is how i go about talking to the insurance company about buying the car before it goes to auction. Does anyone have any experience with this?
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buying a salvage titled car from insurance through a shop
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Finance & Insurance?
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anyway, you have to go to the owner of the car, and request that they purchase the car back from the insurance company. Most insurance companies (i believe) are under contract with the auction houses, that they can only sell cars back to their original owners.
Then deal with the owner directly.
You might even catch it before the title turns salvage... YMMVJoe Funk -- Portland Oregon
That Guy.
03 X5. 3 liter obviously.
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Originally posted by Funkmasta View Postanyway, you have to go to the owner of the car, and request that they purchase the car back from the insurance company. Most insurance companies (i believe) are under contract with the auction houses, that they can only sell cars back to their original owners.
Then deal with the owner directly.
You might even catch it before the title turns salvage... YMMV
All of the cars for the last two companies I've worked for get sold through salvage auctions...no exceptions. And those are not open to private individuals, only salvage dealers. Unless the owner is agreeable to the buy-back (and to get that to happen, you'll probably have to offer a bit more than the buy-back to make it worth their while), your chances of getting this car are slim.sigpic
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