The Insurance Corporation of B.C. will no longer sell cars that have been written off and rebuilt after the company sold nearly 100 vehicles without telling the buyers about the vehicles' accident history.

ICBC has spent $1.8-million so far buying back the cars and giving compensation to the people who bought cars from the Material Damage Research and Training Facility since 1998, a company spokesman told CTV News.

"This is a serious matter and we have taken immediate steps to correct the situation, including making things right with customers who purchased these vehicles," said ICBC CEO Paul Taylor in a statement.

The investigation found that ICBC "lacked clear and specific policies and procedures to govern the designation, repair and sale of vehicles from its research and training facility."

Ninety-eight vehicles repaired at the facility were sold without letting the buyer know what had been repaired and what was new since the facility was opened in 1998.

Since then, ICBC has contacted all but two of the buyers, and promised to buy back the vehicles or have them inspected.

The company has spent some $1.8-million so far on buying back 63 vehicles and compensating their owners -- some $27,500 per car, said ICBC spokesman Doug Henderson.

Eleven people have opted to keep their vehicles, he said.

"There's no concern for safety," he said. "People bought something they thought was something else. We owe it to the customers to make things right."

Some employees also bought cars from the facility -- and ICBC doesn't have any standards about how those sales should have taken place.

And evidence has surfaced that some employees used the facility's time and equipment to fix their own cars, Henderson said.

But he wouldn't say how many employees or how many cars were fixed -- or whether anyone was fired for taking advantage of their position.

ICBC has also promised to stop selling vehicles from the facility, and forbid its employees from purchasing any vehicles or repairing their own vehicles.