Welcome to Industry Focus. The Podcast that dives into a different sector of the stock market each day.

I'm your host Emily Flippin. I'm Jason Moser. I'm Nick Seyple. I'm Dylan Lewis. And today

we're talking financials. Today we're talking consumer goods. Wild Card Wednesday.

And we're talking energy. And today we're talking tech.

Let's dive in.

It's totaled.

Even if you've never been through it yourself,

we all know at least one person who's gotten that call from their

insurance company the call that explains that your car costs more to fix than

it's worth and that they've decided to pay you a chunk of cash and send you on

your way but that's not the end of the story for your car. What happens to your car after the insurance company hauls it away? I'm an excitable and this week on Industry Focus, we're taking a look at the business of car auctions to understand how some companies

make money selling cars that cost more to fix than they're worth.

Here to help me take a look at that is Motley Fool, contributor Louise Sanchez.

Louise, great to have you back on the podcast.

Happy to be back.

Yeah, so fun topic for us today, what happens to your car after it gets totaled?

Before you get to that, Louise, like, have you ever totaled a car like you've ever had that, you know, phone call,

listen, dude, your car, it's broke man,

it ain't coming back.

Yeah, I haven't, you know, I've had Bender Benders,

I hadn't had scratches here and there and it's it's funny so I live in New York

City so I don't even own a car anymore so hard for me to total a car if you don't own

...