Question: What Do I Do With My Totaled Car??

5 things to do with a totaled car

  • Take the money. After an accident, your insurer or the at-fault driver’s insurer will tell you the vehicle’s actual cash value , then make its decision to total the car based in part on how much repairs will cost.
  • Keep it and fix it.
  • Keep it and don’t fix it.
  • Keep and sell for salvage.
  • Donate it.

How do I get rid of a totaled car?

Method 2 Selling Your Totaled Car

  1. Consider selling your car to a dealership or junkyard.
  2. Obtain a salvage certificate for the vehicle.
  3. Take your car to a dealership.
  4. Contact junkyards in your area for offers.
  5. Arrange for the junkyard to take possession of your vehicle.
  6. Sign over the title of your car to the junkyard.

Can I keep my car if it is totaled?

Keeping a vehicle that your car insurance company has totaled. If you decide to accept the insurer’s decision to total your car but you still want to keep it, your insurer will pay you the cash value of the vehicle, minus any deductible that is due and the amount your car could have been sold for at a salvage yard.

Do you get money for a totaled car?

– We Buy Totaled Cars! If you get in an accident or your vehicle is otherwise damaged extensively, beyond the ability or reasonable cost to repair it, it’s branded as a total loss car by your insurance agency — that is, if the damage is reported.

Photo in the article by “Wikimedia Commons”