So somebody ran a red light and T-boned your car. Maybe you got caught in a blizzard and ran into a ditch. Or maybe your teenager crashed their first car (thank goodness it was used!). Now your car is damaged, and the insurance company is calling it a total loss. If you only have partial coverage on your vehicle, this can be devastating, especially after an accident when there may be medical bills to pay. You may even be hurt or badly shaken, and selling your damaged car can add another layer of stress to an already difficult situation. We understand, and we’re here to help.
If you only have partial insurance coverage, and you own the vehicle, the process is straightforward. Depending on your coverage, the insurance company may or may not cut you a check for some portion of the vehicle’s value. After that, you’ll need to get a salvage title from your state’s DMV, which will involve a small processing fee. Once you have a salvage title, you’ll be able to sell your car.
If you have full coverage on your vehicle, things get a bit more complicated. You can either accept a lump-sum payment from your insurance company, or ask to keep the vehicle. In this case, your insurance company will still pay you a lump sum, but they will deduct the estimated scrap value of the car. In this case, it’s wise to shop around and see what kind of value you can get for your damaged car. If it turns out that you can get more than the insurance company’s estimated scrap value, you can come out ahead by selling the car yourself.
Please remember that, regardless of your insurance coverage, you will still be responsible for paying back any remaining loans on the vehicle.
If you have a salvage title, you can always go on Craigslist or another online marketplace. Mechanics and enthusiasts are often looking for “project cars” that can be rebuilt. Of course, since they’re going to have to put a lot of parts and labor into repairing the vehicle, they won’t be offering great prices. Online marketplaces can also be dangerous. Scammers love to take advantage of people who are stressed and hurried, and are constantly coming up with new ways to separate you from your hard-earned money.
Alternatively, you can sell to a national buyer who specializes in junked and damaged cars. SellMax has been in the industry for almost 30 years, and we’ll even buy your car without a title! This will save you time at the DMV. Best of all, we offer free quotes in just seconds.
You’re in luck! With our nationwide network of tow truck drivers, SellMax can pick up your vehicle in all 50 states. We offer free pickup at your home, your office, your mechanic’s shop, or anywhere else! We also pick up at any time of day, so no need to worry about your hectic schedule. Just get a quote, plan a pickup time that works for you, and get paid for your damaged car. It’s that easy.
If you’re an enthusiast or have your own shop, it can make more sense to tear the car down yourself and sell it for parts. This is by far the most profitable way to sell your damaged car, but it can be time-consuming, and you’ll need a lot of tools to do the job.
It also requires some mechanical expertise. Are you sure the radiator isn’t damaged? And how about that tie rod? Is it supposed to look like that? If you’ve never taken a car apart, it can quickly turn into a full-time job, not to mention turning your garage into a work zone for the next few months.
Depending on where you live, there may be a variety of local junkyards near you to choose from. Different junkyards will offer different prices for different cars depending on their business needs, so it makes sense to call a few of them to get an idea of what price range you’re looking at. If you do call local dealers, make sure to ask if they charge for pickup, and if there are any extra disposal fees for non-metal parts like tires and batteries.
If they’re offering $500 for your car, but charging $100 for pickup, $50 per tire and $50 for the battery core, you can end up getting only $150 for your damaged car. Local dealers are also notorious for haggling, so don’t be surprised if you get one offer over the phone and a different, lower offer from the tow truck driver.
SellMax offers free pickup, and we don’t charge extra for tires and batteries. Our fast, free quotes are guaranteed, so the price you see on our website is the price you will receive. No surprises, no extra fees. Our tow truck drivers can typically pick your car up within 24 hours, so you get paid as quickly as possible.
At SellMax, we understand that even when your car stops running, life keeps going. We’ll get you a quote in mere minutes, and we pick up wherever and whenever is most convenient for you. Why wait? Find out what your car is worth, and get paid fast!