Where Should You Sell Your Damaged Car?

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Does your car not feel the same as it did before that traffic accident 2 years ago? Is it slowly giving up on you? Do you end up at the mechanic’s shop more times than you can count? That’s usually the case for people who own a car that has suffered a lot of mechanical damage, such that the overall value of the car has depreciated significantly. In that case, it’s best to get rid of the car as soon as possible. The best way to get that car out of your garage is to sell your damaged car for a decent financial boost. But that’s not as easy as it seems.

The difficulty in selling a damaged car as opposed to selling a used car is significantly higher and is nowhere near as rewarding in the end. Too much effort, time and money spent trying to sell a damaged car would, hence, just not be worth it.

Types of car damages

There are three different degrees of damages to your car which ultimately decide how you are going to sell your car and how much money you are going to receive:

  • Minor damage

This includes minor defects such as light scratches and scrapes, as well as small dents or broken headlights. The damage isn’t substantial enough to severely affect the value of your car that much.

  • Moderate damage

Moderate damage is clearly visible and does depreciate the value of the car a bit more. The damages include big dents, dysfunctional doors, deployed airbags, etc.

  • Major damage

This covers all the heavy or severe damage that a car may suffer from due to a serious collision or an accident that may involve the car getting rolled over or ejection of the air-bags. Damages include broken axles, crushed bonnets, bent frames, etc. This damage is very costly, and the totaled car loses most if not all of its resale value.

The minor damages don’t really make a considerable effect on the value of your car. These can usually be fixed at the mechanic, and it doesn’t cost much either. You probably don’t need insurance to cover either. The moderate damage still makes a dent (pun very much intended) in the car’s worth since some long-term repairs and replacements may be needed. In this case, selling is still relatively easy and recommended before it depreciates further even in value. Major damages to your car are very hard to salvage, be it to repair them or to sell them. It’s still preferable to sell the car as soon as you can without spending too much time and money on it.

In the case where the damage is between moderate or severe, you have some very limited options for selling your vehicle. The prospects don’t always look so good as opposed to selling a used car. When selling a used vehicle, you can even manage to sell the car for an amount very close to its actual market value. In the situation of a damaged car, however, the entire process can be both exhausting and unrewarding.

Things to consider beforehand

Now before you set off to find the nearest buyer willing to take the unfortunate machine off your hands, you still need to equip yourself. With information of course. Selling a car is not easy. Damaged, used or brand new, negotiating is the dirty work of any trade between two independent parties.

You will be subject to lowballing offers and clever bargaining tricks in an attempt to rip you off and exploit you as much as possible. It’s a war of sorts, between the buyer and the seller, so you need to be armed with the most important piece of armor, your car’s exact value.

There are many ways to deduce the exact worth of your damaged car. The most direct way would be to go to dealerships or buyers and see what rates they are offering to you. A more trust-worthy method, however, would be to go the free car valuation websites of respected car buying companies.

Where to sell the car

Now you need to figure out the best way to get rid of your rust-bucket and be able to secure the highest possible cheque at the same time.

  1. The best place to sell your damaged car is at car buying companies that have claimed such as ‘we buy any car.’ These companies also have online websites where you can sell the damaged or scrap car that you own.

The websites take in information that you provide such as the make, model, mileage and condition of the car, along with your contact information as well. Then the company assesses the entire condition and market value of the car before giving you an offer. The money on the table is at offered at a very competitive rate that very few can match. It’s based on the actual value of your car, which is measured accurately and securely.

Soo they’ll meet you at a place and time of your choosing, and you can then finalize a deal. The whole process is extremely convenient since you don’t have to waste more time or effort than necessary. Also, these companies are willing to take any kind of car of your hands so you can salvage money from cars that have suffered the worst kinds of damages.

  1. You could try selling your car at online trading platforms like Craigslist or the local newspaper. There you can post advertisements for your car and review all the offers that you get. This is very time consuming, and it could take a long time before you receive an offer that can even be considered fair.
  2. Another alternative, especially if the car is severely damaged or totaled, to the point that it is non-running, is to scrap it. Bring it over to the nearest junkyard or scrap yard. You’ll be offered some money for the parts and metal that’s salvaged in the end. The pay is but a fraction of the original car’s value.
  3. If you want to save some money from the people at the scrap-yard, you could scrap the car yourself and sell the parts separately yourself. However, the returns you get do not validate the level of time and hard work needed to pull this off
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