Selling Scrap Cars | Cash for Your Junk Car

Maybe you’ve been in a bad car accident or experienced serious engine failure – and the insurance company has declared your car a total loss. This situation is frustrating, and you may be upset at the thought of losing all the money you invested in the car.

Fortunately, while you can’t get your car back, you can still make money by selling your junk car. This blog explains what a junk car is and provides some helpful tips for selling a junk car.

What is a total loss car?

A total loss, also known as an insurance write-off or scrap car, is a car that has been damaged beyond repair. If the insurance company finds that the cost of repairing the car exceeds the cost of replacing it, they declare the car a total loss.

When such an accident occurs, the insurance company will compensate you for your losses in the form of compensation. The insurance company will then scrap the vehicle and hand it over to a company that specializes in purchasing scrapped vehicles.

Why sell a scrap car?

While it may sound appealing to have the insurance company write off your car, you can make some money selling it to a company. Depending on the condition of the car, you can make more money writing off your car than letting the insurance company take it.

The insurance company may try to get you to accept the minimum settlement for a totaled car, which may be less than the car’s appraised value. Also, if you choose to trade in your car, the dealer may not offer a good value for the car because it is totaled. You may spend a lot of time and energy negotiating and still get a bad deal.

There are no hidden fees involved in selling your junk car for cash, and you don’t have to worry about having the vehicle towed from your property because the buyer will handle the towing duties for you.

How to sell a scrap car?

Use these tips to streamline your process and ensure you get the most out of your scrap car.

Get an assessment from an insurance claims adjuster

Before you think your car is a total, have it evaluated by an insurance claims adjuster. During the appraisal, the claims adjuster will consider the extent of the damage and compare it to the value of the car. The expert will then decide if your car can be repaired or if it is a total.

Obtaining salvage rights

After the insurance company declares your car a total loss, you must obtain a total loss title to show that the car is no longer roadworthy. You can obtain a title from the Department of Motor Vehicles (DMV). The insurance company will replace your original title with a total loss title.

Prepare all documents

In addition to the junk car title, you may also need your registration and title certificates. Some junk car dealers will accept junk cars without a title, so be sure to ask. All of these documents will prove that you are the true owner of the car and that you plan to sell it. With the right documents, the selling process will be faster and easier.

A junk car is not a total loss if you make a smart decision. With cash for cars, you can get rid of your junk car easily.

If you want to sell your junk car, Cash for Cars is your trusted partner. We offer the best prices for junk cars, and we’ll tow the car away for free. contact us Learn more today. We look forward to paying top dollar for your junk car and helping you get more value. Let us know any questions or concerns you have.