If you've been in an accident and your car is totaled, it may seem like there's nothing for it but to sell the car as a parts vehicle. But if you know what to do, you might be able to get more money from insurance or a private buyer.
Getting a good offer for your totaled car isn't easy, but it's possible. Furthermore, getting the most money out of your totaled car will depend on where you live and what you do with it.
This article provides you need to know about “how to get the most money for your totaled car?”
If you don't want to deal with any hassle, you can reach out to Cash Cars Buyer at (773) 791-4363!
What to do when your car is totaled?
When your car is totaled, you have a few options. You can sell it for parts to make some money back, or you can scrap the vehicle altogether. Or, if you feel like gambling with your finances, you could try putting the wrecked car back on the road as what's called a rebuildable title or salvage title vehicle.
If you want to sell your totaled car for parts, they may not even need to reach out to an insurance company. Instead, you might be able to sell the vehicle directly to a junkyard if it still runs or can be easily fixed up. These days, there's almost always someone interested in buying perfectly good used vehicle parts, even when the vehicle in question is totaled.
If it doesn't run, though, or if there are more damaged areas than good ones, you might be better off trading your car to an insurance company for its salvage value. As an aside, it's very important to understand that totaled doesn't mean useless. Sure, your car might be beyond repair in terms of fixing it up to drive on the road again, but the parts are still perfectly good!
If you want to trade your totaled car directly to an insurance company for its salvage value, follow the steps below. That way, you'll know how to get the most money for your totaled car.
What To Do When Your Car Is Totaled?
Since you're dealing with a totaled, broken car, your options for selling are very limited. However, there are some workarounds and options to consider, including:
Selling it for parts
Even if your car doesn't run, the parts are likely still very good. You can sell them individually or in bulk.
Salvage title or rebuildable title
If you live in one of the states that allow vehicles with salvage/rebuildable titles to be legally driven on the road, then you can put your vehicle back on the road by getting it fixed up and re-titled. However, this is not an option if you live in California.
Sell your totaled car to Cash Cars Buyer.
Cash Cars Buyer is here to help you get rid of that old junk car in your garage or that clunker that has been stranded out front for months. We provide free towing service, and we will pay top dollar when we come to pick up your vehicle.
If you want to sell your totaled car for parts, Cash Cars Buyer may not even need to reach out to an insurance company. Instead, you might be able to sell the vehicle directly to a junkyard if it still runs.
If it doesn't run, though, or if there are more damaged areas than good ones, you might be better off trading your car to an insurance company for its salvage value. As an aside, it's very important to understand that totaled doesn't mean useless. Sure, your car might be beyond repair in terms of fixing it up to drive on the road again, but the parts are still perfectly good!
How to get the most money for your totaled car?
As we mentioned earlier, getting a good offer for your totaled car might be challenging. However, you can follow these ten tips to get the most money out of your totaled car:
#1 contact your insurance company
When you have a totaled car, the first you need to do to contact your insurance company; you need to know if they are going to total your vehicle or not. If it's totaled, you should write down the information about how much the company will pay for the loss of your car.
#2 get all paperwork together
If you have an accident, it is important to get all the paperwork together. The insurance company needs to know all about what happened before estimating your car. If you don't have legal coverage, you will need to contact your local office or go online to find out how much money you are entitled to receive.
#3 disassemble the vehicle as much as possible
If you want to make sure that your totaled car is sold for its maximum value, you must disassemble the vehicle as best as possible. You should take things like tires, bumpers, and lights off of the targeted vehicles before heading over to an auto salvage yard or an insurance company. There won't be any risks of further damage while the vehicle is being transported by doing this.
#4 have a friend help you with the towing
If the totaled car doesn't run, you will need a friend or a tow truck driver to help take it away. Ensure that you keep all your receipts and documents from the accident to make insurance claims. If there were any injuries, be sure to get those documented as well.
#5 visit auto salvage yards
Auto salvage yards are filled with various used parts that can be salvaged from cars. In most cases, they accept wrecked vehicles at no charge. You also may want to visit online classified websites.
Pros and cons of selling a totaled car
Although we've been focused on how to get the most money for your totaled car, it's important to get a good understanding of the main pros and cons of selling a totaled car in the first place.
# The pros of selling a totaled car
You can get money for your totaled car by trading it with the insurance company. Your vehicle is free of junk and rust. You can access a large selection of parts, so you don't need to pay extra fees to auto recyclers.
Furthermore, you can find a local junk car buying service that will tow your totaled vehicle away for free.
# The cons of selling a totaled car
You might not receive enough money. The insurer sets the price of your car, so you won't be able to argue it. Your vehicle will most likely end up as scrap metal or spare parts. You can also get bad deals on bumpers and used tires if you don't know what to do .
Furthermore, you must find out if there are any outstanding liens on your vehicle. This can be checked by contacting your local DMV.
Why should I choose Cash Cars Buyer to sell my totaled car?
Here at Cash Cars Buyer, we pay cash for cars in any condition. We buy all makes and models of vehicles regardless of their age or miles. Most importantly, you are under no obligation to sell your car to us. If you do not like our offer for your totaled car, then walk away! Our team will make sure that the process is fast and easy every step of the way. So what are you waiting for? Get started now!
Let's take a closer look at the main benefits you'll get from selling your totaled car to Cash Cars Buyer:
# the top offers
The first benefit is the top offers on Cash Cars Buyer. Our team pays cash for cars in any condition. We offer top dollars for your vehicle regardless of its make, model, or year. By choosing our company, you are ensured that we will provide you with a free appraisal at your convenience.
# no obligation to buy
the second benefit that people like about working with us is that there's no obligation to sell your car at all! If you do not like our offer for your totaled car, then walk away! Again, our team will make sure the process is quick and easy every step of the way.
# a 24/7 car removal service
our customer's favorite benefit is that we offer a car removal service 24/7. If your car has seen better days, there is no need to feel embarrassed! Our team will come and pick up your totaled vehicle at any time. Why wait?
# provide free towing service
the next benefit that you will get is a free towing service. If your car doesn't start, if it failed inspection, or if its tires are flat- we will tow it away for absolutely no charge at all!
# an easy process
people like that our team makes things as smooth and easy as possible. We offer top dollar for your wrecked car, free towing service, and a fast process. If you are ready to sell your totaled car, call us now!
# friendly customer service
our wonderful staff is committed to providing the best customer service in the industry. You can always reach us by phone or email. We will promptly answer your questions regarding our cash for cars service.
# buy cars without titles
the next benefit you will get is that we buy cars without titles! You don't need to ask for a replacement title or go through the hassle of searching for it. If your car was only titled in your state, you could sell it to us as well!
# offer free quotes
the last benefit that people like about us is our free quotes. Our team provides fair quotes for your car after we inspect it. We can also give you an estimate over the phone if there's no need to come to us.
# accept any type of totaled cars
the last benefit is that we do not discriminate against totaled vehicles. We will buy any make, model, or year of vehicle regardless of the extent of damage it has suffered. Whether your car was in a flood or an accident, our team will make sure to pay you cash for your car.
How much is my totaled car worth?
Just like anything else, there is a price that you will get for your totaled car. Our team can give you an estimate of what it's worth just by looking at it. All we need is the vehicle's year, make and model.
The following factors affect how much you will sell your totaled car for:
#1 the extent of damage
The first factor is the extent of damage to your car. The more severe the damage, the less you will sell it for.
#2 the year and model of your vehicle
the next factor that affects how much money you can get for your totaled car is its year and model. Naturally, older cars are worth less than newer ones as new models come out often.
#3 your car's condition
the last factor that affects the price of your totaled car is its condition. If it runs and drives well, we can pay you top dollar for it. However, if it needs total repair or doesn't run at all, then we may have to adjust our offer accordingly.
Conclusion
If you have a totaled car, the best way to get a good deal is by choosing a Cash Cars Buyer. We offer top dollar for your vehicle regardless of its make or year and will provide an appraisal at no charge! You don't need to ask for a replacement title or go through all the hassle looking for it as well. We can give you free quotes over the phone for those unsure about our services.
The team here makes things as smooth and easy as possible- from providing free towing service, 24/7 pick up, friendly customer service that answers any questions promptly – there's nothing more you could want when dealing with this process. So if you're ready to sell your wrecked car, call us now at (773) 791-4363!