Your car was involved in an accident, and the insurance company has determined that the car is damaged to the point of total loss. What does this mean? The vehicle you own will cost you more that the insurer decided it is worth after it’s repaired. Then you have to make the choice of whether to accept the check of the insurer and give them the junk, or do you sell the vehicle yourself?
A car that’s been destroyed is a challenge. It’s likely that you’re still shaking by the crash that caused the damage, and you’re forced to part ways with your beloved vehicle and get a new car, most likely within a brief time.
With everything else happening, making decisions regarding the future of your “totaled” vehicle may feel overwhelming, even if know exactly what you should do. If you’re not sure of how to proceed, then you’re likely being overwhelmed and confused. We can help.
The first thing we do is put “totaled” in quotes because it’s an insurance term that only applies when the claim is filed within the time frame of the incident. The majority of insurance companies would employ this term when the repairs required to repair the vehicle are in excess of 70% of car’s value, though that percentage can vary from one provider to the next and case to the case.
How can I get my car sold?
* Have It Declared a Total –
The adjuster for your insurance needs to examine the damage to your vehicle, and then sign a document declaring it to be a total loss. It is not a good idea to take the money the company provides you with in what they believe is the value of the vehicle.
* Research Value –
Find one or two local salvage yards to find out the value of your car in total worth. Also, find out which parts are in high demand. Don’t be a fool by comparing salvage parts to cars that are parked on used lots and it’s not always a fair comparability.
*Decide On a Buyer –
Who would you like to sell your vehicle to?
If you’re involved in the repair of cars you might have acquaintances who may want to purchase parts for the vehicle and are aware of what they’re buying.
It is possible to take it to a dealer for cars who will purchase parts for it and acting as a middleman, just like that insurance companies were planning to do.
It is possible to offer it to the general public, however, you must be aware of local laws that could impose liability on you in the event of selling a dangerous vehicle even if it’s a salvage title. The best solution is to directly sell it to a junkyard or scrapyard nearby.
Make sure you complete the Transaction It’s easy but there are certain factors to be aware of. How do you get your car to the sale location? It could be parked on your driveway. Does the buyer have to remove it or do they want you to take it away? You’ll need an agreement of sale that outlines the price of the sale as well as the status of the vehicle and the conclusion of the deal.
Final Thoughts
If you decide to sell the vehicle to ZZ Auto Wreckers we will handle all of the complexities.
We’ll come to your home, take away the caraway that was totaled and pay you cash right on the instantaneously. ZZ Auto Wreckers pays top cash for the vehicle that has been totaled with no hassle. Contact us now or request a quote right now.
If you are in Joondalup, Western Australia 6027, Australia and looking to sell your car, below is the best way to visit us.
Contact Us
ZZ Auto Wreckers
55 Christable Way
Landsdale WA 6065
0481 202 202
info@zzautowreckers.com.au
