Best ways to deal with a wrecked car

Best ways to deal with a wrecked car - Sell car for cash | Sellthecars

It can be highly devastating to see your car wrecked in an accident. You don’t have any choice but to say a final goodbye to it and replace it with a new one. Since the accident might have occurred suddenly, you might have been shaken up and lost. But you must not get worried about it. There are many ways through which you can sell a wrecked car. First, you should ask some agency to get your car ‘Totaled’. It is always helpful to get a ‘Totaled’ quote as insurance companies use it in case your wrecked car needs to be fixed. 

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Four ways to get away with your wrecked car

  1. Taking the insurance check: It is advisable to opt for an insurance check if your car has total coverage. In such a case, you can get the money offered by the insurance carrier. The insurance providers calculate an estimate of the car’s value before the accident and will provide you with a check equal to that amount. They may deduct some amount if applicable. However, you must always do some research regarding the value of your car before you accept the offer from the insurance provider. One such source is CarGurus Instant Market Value calculator which helps to give a proper estimation of the value of your car. If you feel that the insurance company is not offering you a fair value for your car, you can opt for a third-party to help you in better negotiation. While dealing with a third-party appraiser, you must make sure that that there is a large discrepancy in the value offered by the insurance provider and the actual value of your car or else you will end up paying the appraiser even if you are not able to finalize a profitable deal. Once the deal is finalized, you will need to transfer your car’s title to the insurance provider. It must be noted that if you have opted for a car loan prior to the deal, you will be the one responsible for paying it off.
  2. Selling it as a salvage car: In case you haven’t opted for full coverage for a totaled car, you can consider selling it to a junkyard shop as salvage. In this way, you can earn more money than you would in case of an insurance check. To start with, you would require a salvage certificate from a local motor vehicle agency. You will then need to contact dealers or junkyards who are interested in buying wrecked cars. In case you have opted for junkyards, you must always consider the costs of towing the car and disposal of non-metal parts. Some of the junkyard owners offer free towing services while some may charge you premium rates for carrying away your car. After the deal with the dealer or junkyard owner is finalized, you will be required to transfer your salvage certificate to the buyer.
  3. Paying for the repairs on your own: If the damages are not severe, you can always consider getting your wrecked car repaired instead of selling it to a buyer. While deciding to get your wrecked car repaired, you will need to consider three important factors including the initial value of your car, the number of deductibles and repair cost.
  4. Donating it to a charitable institution: If you don’t want to sell your car for cash, you can opt for giving it away as a gift to a charitable trust or organization. This process requires some time and effort to research, but it will always do a lot of good to you. Not only you will get a tax deduction, but also peace of mind as you will be helping someone in need. 
Best ways to deal with a wrecked car - Sell car for cash in US | Sellthecars

If you are in the US and you want to sell your wrecked car to a reliable company which can offer you the best price for your car then visit sellthecars.com. It is the only national car buying company which has been open for 30 years. The company offers quick pick up and payment on the same day.

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Sell junk cars for top Dollar

Hurry up! Sell junk cars for top Dollar - Sell wrecked car | Sellthecars

Seeing a junk car lying useless in your garage can always be frustrating and you always want to get rid of it as soon as possible. It can be a real headache if you wish to sell your junk car for cash especially if don’t have any prior experience. However, the process is not as complicated as it seems, and if you follow certain guidelines, you will be able to carry out a smooth and profitable transaction. You will need to do a little bit of research regarding the prices of junk cars by searching it online or asking an expert. You will also need to identify potential buyers including used-car dealers and junkyard shops. You will then have to narrow down potential buyers by properly scanning and evaluating their profiles and quotations. Once you have finalized the buyer, you will have to prepare all your documents including the title of your car. In case you are selling your car to a junkyard shop, you might need to drive your car all the way to the shop. Some of the shops offer to pick up services for free while others charge a premium for that. 

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For obtaining a better idea of your car and estimating its correct value, you will have to understand the classification of vehicles and the right definition of a junk car. There are four major types of cars:

  1. Older models: These comprise of the cars that are around 10 to 20 years old. So, the car models manufactured between 1999 and 2009 would be considered older in the year 2019. These models are usually of less value than other ones.  All you can do is to capitalize on the weight of their metallic parts.
  2. Late models: The models which are less than 10 years old come under this category. So, all the cars manufactured after 2009 would be considered late models. These types of cars are very valuable, especially the ones which are 4-6 years old. They have upgraded parts which further increase their value.
  3. Niche cars: These include cars intended to serve a particular purpose such as Vans, Vipers and other high-end vehicles. They have a specific market in which they are considered valuable.
  4. Junkers: The models which are more than 20 years old and have nothing unique about their design come under this category. It is very difficult to sell them for top dollar. The only way is selling them off to a junkyard shop.

Various buyer options a seller has while selling junk car 

After identifying the model type, the next thing is to consider possible buying options which will earn you good value for your car. 

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  1. Insurance companies: In case your car has met with a massive collision or accident, repairing it is not the right option for you. The insurance companies are always interested in wrecked cars as they will further sell it to some other source and earn a good amount of money.
  2. Salvage vehicle auctions: You can sell a car for cash to potential buyers through intermediaries. These transactions can be done through salvage vehicle auctions. However, this method has its pros and cons. It is quite possible that you may end up with a highly profitable deal from a potential buyer. But, on the same hand, you will have to bear all the expenses of setting up the auction event. Moreover, you might also get duped by middlemen who earn the extra money that you could get from the buyers.
  3. U-pull it salvages yards: They are the best option to sell a junk car. They drain all the fluids, dismantle all the parts of the car and sell them separately. They are highly interested in the weight of your car. If you wish to earn more money, you can yourself dismantle the parts of your car and sell them to end users. 
  4. Full-service salvage yards: The best advantage about them is that they are the end users without any inference of middlemen. It is very easy to sell a junk car for them. They buy your car to recycle its parts and then sell it, other buyers. The difference between them and U-pull it salvages yards is that they also offer services of cleaning and removing of car parts. They are also reliable and they have good inventory processes targeting specific customers.

If you are planning to sell your junk car for cash in the US then there is no better place than sellthecars.com. The company specializes in buying all cars and trucks. It is a nationwide company and therefore the company is easy to approach by the customers in any state. Moreover, the company is able to pay its customers the most money for any make and model. 

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