How to Determine if a Car is Totaled

Indianapolis Cash for Cars  317-247-8484

Indianapolis Cash for Cars 317-247-8484

When a vehicle is totaled, it is considered a “total loss” since the value of the vehicle is significantly less than the cost to repair its damages. In this case, drivers typically accept a total loss financial settlement from their insurance carriers for the value of the vehicle right before the accident happened. The amount of compensation a car owner gets back depends on their coverage and benefits within their insurance policy. Full coverage with additional benefits, most often covers more than partial or liability coverage.

For those who are not insured, or have minimal coverage, little to no compensation is most likely. In fact, driving without insurance and causing an accident are criminal laws that are subject to legal penalties. So not only will an uninsured driver receive zero refund for their vehicle, they are likely to face criminal penalties like jail time, fines, fees, probation, or community service. Continue reading to learn what makes a car totaled, as well as, who to trust for superior automotive repair for vehicles that are not a total loss.

What Makes a Vehicle a Total Loss?

The state retains specific stipulations or requisites that gauge a vehicle’s value after a collision or accident. Most often, states decree that vehicles damaged more than 75% of the vehicle’s actual cash value, it is a total loss. So if a car is worth $4,000, but its damages will cost more than $3,000 to repair, it is considered a total loss by the state. Other states use an 80 percent damage scale, like Florida.

Indianapolis Junk Car Buyers 317-247-8484

Indianapolis Junk Car Buyers 317-247-8484

A particular myth about totaled vehicles has to do with deployed air bags. It is true that most deployed air bags will turn a vehicle into a total loss due to the high cost of airbag replacement. The cost of damages plus the cost of airbag replacement often times results in more than 75% of the car’s cash value. This is more frequent in highly-depreciated or older model vehicles. Sometimes though, a deployed airbag does not always mean a vehicle is totaled.

New cars whose airbag deploys for braking suddenly will not make the car a total loss, it will simply just be an expensive repair. Vehicles that are damaged 50% to 70% can still be repaired after a bad wreck or accident! Front ends, dashboards, and more can all be fixed by a licensed auto repair technician. Be sure to compare quotes to get a fair deal, and only trust a licensed and experienced mechanic to get the job done right.

Where to Sell a Junk Car in Indianapolis

Towing and Recovery

Zore’s Inc. 317-247-8484

Call Zore’s Inc. at 317-247-8484 to sell your junk car for cash on the spot in Indianapolis. We offer the fairest and highest cash payouts for junk vehicles, appliances, construction equipment, machinery, and more! To get fast cash for junk cars in Indianapolis, just call 317-247-8484 and request a free quote today.

Step By Step Instructions for Selling a Junk Car

Do you own an old junk car that is taking up valuable space on your property, or worse, someone else’s property? If so, then learn how to sell that junk car for cash! Read on to educate yourself on details to selling a junk car in your town.

Indianapolis Junk Car Buyers 317-247-8484

Indianapolis Junk Car Buyers 317-247-8484

How to Sell a Junk Car

First, evaluate the status of the car’s condition. Does it run? Does the engine turn over? Does it have tires? Is it just a frame? Are there valuable parts in tact? These questions and more will help assess the value of your junk car. The valuable car parts that many junk car removal businesses like to see are catalytic converters, batteries, tires, and more. The value of the car and the condition it’s in will determine the amount of money you’ll receive in exchange.

Once you have figured out the car’s condition and value, you can begin shopping around for companies to sell it to. Start with an online directory or phone book; there you can look up “Cash for Cars” and begin calling each one in your area. Be sure to give an accurate description of the junk car you are trying to sell. This way you can get the fairest offer on your car. It also helps the assessor determine the right price to offer. Be sure to compare prices and options before committing to a junk car dealer.

Once you have determined which company to go with, you will need to find the title to the car. If you cannot find the title, visit your local BMV for information on applying for a duplicate car title.

Your last step simply involves trading in your junk car to the buyer of choice and receiving your cash.Typically, a junk car dealer will tow the vehicle away. They will set up a time with you to come pick it up. Be sure to not miss this appointment! If you are using a salvaged car dealer that cannot tow your junk car for you, then call your local tow company and see how much it will be to have them tow the vehicle.

If you cannot afford to tow the vehicle, ask a friend with a tow hitch to transport your old car to the junk car lot. If that is not an option, you will simply have to forgo some the of the cash you are receiving for your junk car to pay a tow company. Be sure to use a company that provides free tows to avoid this situation!

Where to Sell a Junk Car

Indianapolis Junk Car Buyers 317-247-8484

Indianapolis Junk Car Buyers 317-247-8484

Call Zore’s Inc. at 317-247-8484 to sell a junk car for cash. We are premiere Indianapolis junk car buyers who pay cash on the spot for any motorized commodity, regardless of age or condition. We accept any and all vehicles, trucks, vans, boats, watercrafts, construction equipment, farming equipment, motorcycles, scooters, airplanes, and even used auto parts! Call 317-247-8484 to request a free estimate, today.

There are Multiple Uses for a Junk Car!

If you were to compare a junk car to a cow, you would find many similarities. That’s because a car has many valuable components that make up a whole asset. And just like cows, they can be taken apart, piece by piece, and used in many applications. So if you have an old, beat-up, or broken down motorized vehicle, you have a valuable asset on your hands! Continue reading to learn all the ways you can profit from a junk car, and how to get started right now.

Junk Car Buyers 317-247-8484

Junk Car Buyers 317-247-8484

Direct Sell

You can sell a junk car as a whole, but the profit potential is only moderate. That’s because junk car buyers have to spend additional time and money to take it apart in order to either reprocess it for recycling or sell it per individual part. But this doesn’t mean that it is a bad choice. In many cases, this is the best option for someone who needs to get rid of a junked vehicle. And although it’s not the most profitable option, it does pay an amount worth taking! Contact your local Cash For Cars Company to sell your junk car for cash on the spot. Be sure to choose a trusted and established company that can afford to pay you the fair amount for the value of your vehicle.

Sell Car Parts

If your junk vehicle still has several functional components, you can choose to sell each part individually. This will deliver a higher return for obvious reasons, making it a more lucrative option than direct selling. Used auto parts are bought by all types of industries, because they can be refurbished and remanufactured, and then sold as OEM auto parts. Parts like catalytic converters and motors are highly valuable and worth a pretty penny all on their own. But other parts, like taillights, headlights, windshields, windows, mufflers, radiators, transmissions, and more are also highly sought-after and valuable.

Scrap the Metal

If your junked vehicle does not have any functional auto parts worth selling, you still have the lucrative option of selling the scrap metal for cash. There are many dealers and manufacturers that will buy scrap metal, especially scrap metal recycling centers. If you sell all the individual scrap metal, you will make more money than a direct sell as a whole vehicle. Metals like steel, iron, copper wiring, and more are worth their current market values. And metal recycling centers will provide this service and pay cash on the spot for junk metal.

Where to Sell a Junk Car in Indy

Towing and Recovery

Zore’s Inc. 317-247-8484

Call Zore’s Inc. at 317-247-8484 to sell your junk car for cash on the spot in Indianapolis. We offer the fairest and highest cash payouts for junk vehicles, appliances, construction equipment, machinery, and more! To get fast cash for junk cars in Indianapolis, just call Zore’s Inc. at 317-247-8484 and request a free quote today.

What You Need to Know About Salvaged Cars

Indianapolis Auto Auctions 317-247-8484

Indianapolis Auto Auctions 317-247-8484

If you want to buy a car, but you are looking for a low-cost deal, the one place you should start before visiting any dealership is with salvaged cars. There are several benefits of purchasing a salvaged vehicle over a standard used car or truck, the most popular of which being cost savings. But it is important to use caution when looking for salvaged cars in order to protect yourself from a scam or a deal gone bad. And you must remember that buying a salvaged car means you will also be investing in repairs; so be sure to have a trusted mechanic lined up to provide professional pre-purchase inspections and repairs at fair price.

Continue reading to learn some helpful information about salvage cars, and who to call for trusted salvage car sales near you.

What are Salvaged Cars?

The term salvage is another word for totaled. A vehicle can be totaled without any outward physical damages. Whether a car needs too many repairs, or was wrecked in a serious collision, if the total cost needed to get the vehicle back to a safe, operational condition exceeds its current overall value, it is considered totaled.

When an insurance company estimates a car’s damages or needed repairs to be more than 75% of its total value, it is considered a loss. After the insurance policy is paid out for it, the vehicle is given a salvaged title by the authority it was registered with. This percentage, however, varies among states, and can range between 50% and 80%.

In rare cases, a vehicle can be given a salvaged title even if it never experiences damage or loss. For example, if a car is stolen and goes missing for an extended time period, an insurance company may pay the insured driver’s policy for the vehicle, thus deeming the vehicle salvaged. But if the vehicle shows back up or is retrieved by law enforcement, the owner takes back possession of it, but the title remains salvaged even though the vehicle was not defective in any way.

Where to Look

When you purchase a salvage vehicle, look for one that needs repairs you can afford. Check out your local auto auctions for the best deals for salvaged cars, trucks, watercrafts, boats, construction equipment, farming equipment, and many other motorized commodities. Choose a reputable company who offers a generous inventory and has served the surrounding communities with professional auto auction services for many years.

Indianapolis Auto Auctions

Indianapolis Auto Auctions 317-247-8484

Indianapolis Auto Auctions 317-247-8484

Call Zore’s Inc. at 317-247-8484 to get the best deals in town for salvaged vehicles. We hold a public auto auction EVERY OTHER WEDNESDAY right here on our complex on Mickley Avenue. We have a reoccurring inventory of all kinds of motorized commodities, including cars, trucks, SUVs, vans, boats, motorcycles, and more. Call 317-247-8484 to request free information about our Indianapolis auto auctions, anytime.

What is a Junk Car Worth?

Junk Car Buyers 317-247-8484

Junk Car Buyers 317-247-8484

A person might possess a junk vehicle for various reasons. Sometimes a person cannot afford car repair or another insurance claim after totaling their car; other people start car remodeling projects that they never got around to finishing; while the rest simple inherits a vehicle that has no particular use. No matter the reason for owning a junk car, a person has options for getting rid of it, and for a profit. Continue reading to learn what a junk car is valued at in Indiana, and who to call for the highest return for your asset.

Evaluating a Junk Car

The items that make a junk car valuable are made from metal. And the most valuable metals in a junk car are its parts, like the catalytic converter made primarily from platinum. If your junk vehicle has all its parts intact, even if they are not functional, they are worth good cash. The rest of the steel in the vehicle is valuable and recyclable as well. Even the headlights, taillights, fenders, bumpers, windshields, tires, and more are reusable and valuable. So the more intact your junk car is, the more money it will be worth to a junk car buyer.

Let’s say your junk vehicle is not very-well intact, missing valuable auto parts like the motor or catalytic converter, it is still profitable. The steel, steel frame, and more can be sold for cash and recycled at a junk car lot. Although the overall value and return is less, it is still worth something.

The current metal prices in the market determine the maximum payouts at local junk car buying lots and scrap metal recycling centers. So one year steel can be worth more, while the next it brings in less profit. This is how junk car buyers evaluate the overall worth of a junk vehicle.

Where to Sell a Junk Car

Zore's Inc. Indianapolis Indiana

Zore’s Inc. Indianapolis Indiana 317-247-8484

Call Zore’s Inc. Cash for Cars at 317-450-3721 to sell your junk car for fast cash in Indianapolis. We offer the fairest and highest cash payouts for junk vehicles, appliances, construction equipment, machinery, and more! To get fast Cash for Cars in Indianapolis, just call Zore’s Inc. at 317-450-3721 and receive a free quote today.