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  2. Wrecking yard - Wikipedia

    en.wikipedia.org/wiki/Wrecking_yard

    When an automobile is severely damaged, has malfunctioned beyond repair, or is not worth the repair, the owner may sell it to a junkyard. In some cases, when the car has become disabled in a place where derelict cars are not allowed to be left, the car owner will pay the wrecker to haul the car away.

  3. Vehicle recycling - Wikipedia

    en.wikipedia.org/wiki/Vehicle_recycling

    New Zealand motor vehicle fleet increased 61 percent from 1.5 million in 1986 to over 2.4 million by June 2003. By 2015 it almost reached 3.9 million. This is where scrapping has increased since 2014. Cash For Cars is a term used for Car Removal/Scrap Car where wreckers pay cash for old/wrecked/broken vehicles depending on age/model.

  4. Vehicle impoundment - Wikipedia

    en.wikipedia.org/wiki/Vehicle_impoundment

    Vehicle immobilization is a key part of the act of impounding.. Vehicle impoundment is the legal process of placing a vehicle into an impoundment lot or tow yard, [1] which is a holding place for cars until they are placed back in the control of the owner, recycled for their metal, stripped of their parts at a wrecking yard or auctioned off for the benefit of the impounding agency.

  5. What happens to insurance when you sell your car? - AOL

    www.aol.com/finance/happens-insurance-sell-car...

    When you sell your vehicle, your car insurance policy doesn’t transfer to the new owner. Instead, you’ll need to contact your insurance company to discuss next steps.

  6. Carvana vs. CarMax: Who’s Better for Buying and Selling Used ...

    www.aol.com/finance/carvana-vs-carmax-better...

    Trading or selling your car through CarMax is a three-step process. First, you get an offer from CarMax, which the company promises will only take two minutes. Then, you make an appointment. You ...

  7. Salvage title - Wikipedia

    en.wikipedia.org/wiki/Salvage_title

    These cars have "rebuild" or "rebuild salvage" annotation in the title and can be registered and operated just like a car with a clean title. Cars that previously had "junk" title and were restored to road worthy condition get a new title and VIN after state inspection. The new VIN will not match any other VIN numbers on the vehicle doors or ...

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