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What Are My Options When Trading In A Totaled Car?

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Should I Let Insurance Keep My Totaled Car?

By now, your insurance company has probably declared your car a total loss. That means it won’t pay for the repairs and wants to buy your vehicle off you and salvage it.

How much your insurance company will offer you depends on whether you have collision coverage and your deductible. That means it could try to pay you a fraction of what your car is actually worth.

Don’t let your insurance company keep your totaled car if you want to maximize your cash. Instead, request to take the car from your insurance company and keep it with a salvage title. Then you can move on and consider your next steps.

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What Can I Do With A Totaled Car Instead?

You may wonder, “Can I trade in a total loss car?” Generally, you should not trade in a totaled car to a dealership, particularly if it’s severely damaged.

Although some dealers may accept salvage vehicles, they may take persuading and severely undercut you. The majority of dealers will turn you away outright.

Instead, you can consider the following options:

  • Sell your totaled car privately.

  • Sell your totaled car for parts.

  • Sell your totaled car to a junkyard.

  • Sell your totaled car to CarBrain.

Out of all these options, selling to CarBrain is the fastest and easiest way to get a guaranteed fair price.

You can sell your totaled car and get paid in under 48 hours with no fees, no fuss and no difficulty. Just click on the form to get started.

How To Sell A Totaled Car Privately

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If you want to sell your totaled car privately, you’ll have to advertise it. This means you need to take clear pictures that demonstrate the current shape of your car from multiple different angles.

Next, you need to prepare listings for your junk car. Advertise that you’re selling your totaled car in a variety of sites like Craigslist and Facebook Marketplace.

Once your listings are up, you have to vet people who contact you.

Some callers may not be serious about buying or may want to pay you too little. Others may ask you to hold onto the car until they’re prepared to buy, or ask you to make repairs first.

If you do find serious individuals who want to buy your totaled car as-is, you must invite them to see the car. That can take time, and some people may back out of the sale when they see the totaled car in person. It could take several viewings to sell the car.

Even when you have arranged a sale, you and the buyer need to figure out how to transport the car. Arranging a tow will take time.

How can I get a quote for my junk car instantly?

It's simple and it takes less than 90 seconds... click the button below to get started and find out how much your junk vehicle is worth!

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How to Sell A Totaled Car For Parts

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One option is to sell your car part by part. This involves breaking your car up into parts, such as the radiator, the brakes, the muffler and the engine.

Once you have your car broken up, you can begin to sell it for parts. Like the process for selling your whole car, this involves photographing the parts and making listings on a variety of sites.

Selling a totaled car for parts is a longer and more complicated process than selling a whole car. You have to repeat all the steps listed above for each piece. Additionally, it can take months to sell all the parts you have.

Many people choose to part their car out because they have heard that selling each piece individually will net them more money than selling the car as a whole.

However, this is only true if the car parts are in good shape and the owner sells all the parts. If you cannot successfully sell all the parts to your car, you may earn less than if you had sold the car in a single piece.

How To Sell Your Totaled Car To A Junkyard

If you just want to get rid of your totaled car and get paid for it, there is another option. You can sell your totaled car to a junkyard.

Many junkyards may only pay by weight, which means they could undervalue your car. You might need to call multiple junkyards to get an offer you like.

Once you do find an offer you like from a junkyard, it’s important to ask about their terms and conditions. When can they take your car? Will they charge you any fees? Will you be required to pay for towing?

It can take several days and phone calls to find a junkyard that will take your car at a price you like and without charging you additional fees.

Luckily, there’s an easier way.

You Can Sell Your Totaled Car To CarBrain

CarBrain buys cars in less-than-perfect condition, no matter what shape they’re in. If you want to get rid of your totaled car fast, we can help you.

To get started, all you have to do is fill out our simple form. We’ll ask you about your location and the current shape of your car.

Once you submit the form, CarBrain will give you a quote in under 90 seconds. We guarantee that we offer fair quotes in line with market rates for your vehicle.

If you like it, you can keep the ball rolling and arrange a pickup. We’ll arrange a FREE tow in under 48 hours from anywhere in the continental United States.

Once the tow is arranged, you just have to wait for the tow truck to arrive. They’ll present you with a check for your car. They’ll take the totaled car. You cash the check. Then you’re done.

If you start the process now, you could have cash in your hands and get rid of your totaled car in just a few days. Why wait? CarBrain is the easy choice.

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2/07/2020

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