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, ...

This Lamborghini Gallardo is pretty smashed up from some sort of front-end collision, but for the right buyer, it might have ...

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 ...

While purchasing out-of-commission vehicles has long been the purview of salvage yards and auto-restoration enthusiasts, a new market has been emerging when it comes to out-of-use electric vehicles: ...

So you think you know the salvage auction business. Here are a few things about Insurance Auto Auctions Inc., a salvage auto-auction company and sibling to auction giant ADESA, that you may not know: ...

I bought my dream supercar at a salvage auction, and this might be the biggest project yet. What was once a damaged 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 ...

Back when Hurricane Ian was battering the east coast, an image of a yellow 2015 McLaren P1 submerged in floodwaters spread around the internet like wildfire. While many hoped the car could be saved, ...

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 ...