5 Ways to Sell A Totaled Car And Get Instant Cash

Car accidents can be horrible events, resulting in severe and fatal consequences. Both drivers and passengers can easily get injured and their vehicles totaled beyond repair. This will most likely leave people in an upsetting situation as the thought of fixing their wrecked car may not sound financially reasonable at the moment.

So, rather than leaving the vehicle in your garage, you might want to consider selling it instead. Although your totaled car has a decreased value after the collision, it is still possible to get a handful of cash for it.

From taking it to a junkyard to selling it to your insurance company, there are several options you can dispose of your wrecked vehicle. Keep reading to find out about the five most common ways to sell a totaled car and make a profit in the end.

Photo by Elephant from Unsplash

Take it to a junkyard

One popular way of getting rid of a totaled car is to take it to a junkyard. There are plenty of junkyards that are willing to buy wrecked vehicles to make use of their valuable and reusable car parts, giving you money in return.

However, in order to get the most from your totaled ride, you need to find a reputable scrap car service to deal with. For instance, if you live in San Antonio, TX, make sure you search online to find out where you can sell a junk car in San Antonio and get some cash for it.

Also, if your car is completely inoperable after the collision, make sure you ask the company if they can send over a team to pick up the vehicle because there are junkyard agencies that offer this option.

Sell it for parts

Although your car may have been completely wrecked during the accident, there still will be several functioning parts you can sell to make a profit. Some of these parts which can be reused include:

• Headlights, blinkers, and tail lights;

• Engines and engine parts;

• Transmission systems;

• Undamaged windows and windshields;

• Seats and upholstery.

This is basically a recycling process that is good for the planet as there won’t be a need to manufacture new car parts and pollute the environment with the emission of greenhouse gasses.

Sell it privately

Probably the most common and traditional way to get rid of your totaled car is to sell it to a private buyer. You’d be surprised to learn that there are plenty of people who are willing to pay for a wrecked vehicle only to repair it themselves. These people usually have the knowledge, skills, and right equipment to fix a car and maybe even resell it later on.

If you can’t find a local car buyer, you can always advertise your totaled car online. There are many online marketplaces for products and services where you market your vehicle to a wide range of buyers and get a good offer.

Sell it to a car dealer

Another easy and effective way to dispose of your wrecked car is to sell it to a car dealer. Although most car dealers are mainly interested in buying new car models, there are others that deal exclusively in totaled or salvaged vehicles and will give you good money for your ride.

In fact, many dealerships buy such cars for various reasons, including re-sale or auctions. So, this will be a win-win situation both for you and the dealership company as you will get substantial profit in the end. Just make sure you do your research to find a trustworthy car dealer in your area who will give you the best offer for your ride.

Sell it to your insurance company

If your car is insured, you can sell it to your insurance company for profit. The company will make you an offer to buy the vehicle based on its worth at the time of the accident. An expert, known as an insurance adjuster, will inspect the car to determine whether it is totaled or fixable and give you its replacement value.

After the evaluation, they will write you a check and you will decide if it’s worth it to you or not. The more sought-after your vehicle and its parts are on the market, the higher profit you will get from it.

Photo by Vlad Deep from Pexels

Final thoughts

If your vehicle got damaged in a collision, you don’t have to get rid of it immediately. Instead, there are several options you can consider to sell it and make instant cash from it. Depending on your preferences, you can sell the car to a junkyard, a car dealer, or a local buyer, all of which can give you a good deal for your wrecked ride.