Getting Cash for Insurance Total-Loss Cars

If you’ve opted for salvage retention after having been in an accident, that means you have received your insurance payout minus the value of the salvage value of your car and are now free to sell the vehicle and recoup some of your losses. Simply put, a retained salvaged insured vehicle is any car that has gone through the claim process and been kept by the insured party.

Many Arizonans who’ve been in accidents don’t always know what to do with their wreck after they have received an insurance payout for their car. Some don’t realize that just because a car has been written off by the insurance company that it no longer has value. The truth is: it does and Sell Us Your Car wants to make a top-dollar offer for it!

Through our services, we are able to provide quick cash for your unwanted vehicle, without the hassle of having to hold on to it until you find the right buyer. We will pay cash for your insurance write off or total loss car anywhere in Arizona, whether it has a salvage title, has been retained by the owner as a total loss, or is a damaged vehicle that can be repaired or used for parts.

Is Sell Us Your Car the Right Option?

Absolutely! While it’s totally possible to sell a car with a branded or salvage title, it helps when you have a buyer who knows the process and understands the risks. The Arizona Department of Transportation (ADOT) provides a procedure for issuing salvage titles for vehicles that have been declared a total loss by the insurance company.

At SUYC a salvage title does not mean that you can’t get a fair price for your vehicle. Our company will assess your car based on the current physical condition of the vehicle, the value of the parts, and the value of the scrap.

The vehicle’s title status will not affect our offer, nor do you need a rebuilt title to get one. Not to mention, we will pick up your vehicle, do the paperwork, issue you a check, and arrange free towing!

What Does Owner Retained Mean After An Insurance Claim?

In addition to the other options outlined above, if you have retained ownership of a vehicle that you paid for but have settled with your insurance company during the past, you are considered “Owner Retained” (also referred to as “Retained Timing”). Your insurance provider will offer you one of two settlement options regarding a totaled vehicle:

1. You can turn ownership of your total loss vehicle over to them for an agreed payout amount, or
2. You can retain ownership of the vehicle and receive a lower payout amount (the ‘Retained Owner Option’).

If you choose to retain ownership, the salvage value of your vehicle will be deducted from the payout amount you could have received in this settlement. The insurance company will issue you a check to settle your claim and you will retain ownership of the vehicle with a salvage title. As the vehicle will have a branded title when you sell it, you will need to find a buyer willing to purchase a branded title vehicle. We can help guide you with this issue.

Is An Insurance Write-Off Worth Anything?

Many people believe their vehicle is worthless after it has been totaled by an insurance company, but that is not correct. Although the resale value of a totaled vehicle may be nearly zero, the individual parts of that vehicle can be sold for a very high value in the repair/replace market. Each manufactured vehicle has many different parts that can be repaired on other vehicles, regardless of the condition of the specific part itself.

Some of the parts which may still hold value after a vehicle has been totaled are: the engine, the transmission, catalytic converters, doors, electrical components, and metal scrap value. Used auto parts are plentiful throughout the state for many different makes and models, most notably Ford, Chevy, Honda and Toyota.

How Much Is My Accident-Damaged Car Worth In Arizona?

The value we offer you for a totaled vehicle is dependent on many factors including: type of damage and how severe the accident was; how old or how many miles on the vehicle as well as how many rebuildable parts we can remove from your vehicle. No two wrecked vehicles that are the same and therefore each crashed cars need to be assessed separately. The estimate we provide you for the purchase of your wrecked vehicle will be based on market value and not just on the scrap value of the vehicle as a result of recycling.

There are three major items that dictate what your vehicle will be worth – what kind of damage it had from the wreck; what kind of vehicle it is (make/model); and does it run. If there is minimal damage to the front end of the vehicle and has a working engine then you will be able to sell the vehicle for substantially more than if it has some frame damage and will not start.

In general, luxury cars and trucks with valuable components will have a higher resale value compared to most other types of vehicles. Depending on where the vehicle is situated, the demand for useable/re-buildable vehicles may vary greatly between markets such as Phoenix or Tucson.

Do I Have To Disclose Accident Damage When Selling A Car In Arizona?

In Arizona, the law requires sellers of vehicles to disclose any known material defects on the vehicle (including whether or not the vehicle has been in a collision). If you are selling a vehicle to a private buyer and do not disclose its history, including accidents, you could face possible legal action for misrepresentation. To avoid any problems, make sure to provide all of the vehicle’s history when you sell it, including whether it has a salvage or rebuilt title.

If you sell your vehicle to a professional buyer, they will inspect the vehicle on-site before buying; therefore, the buyer is responsible for all paperwork and liabilities related to the vehicle. Therefore, we purchase vehicles as is without regard for their condition.

In Arizona, Can I Sell A Car That Has Been In An Accident But Still Runs?

A drivable vehicle that has been in an accident is worth more than a non-drivable vehicle because the drivable vehicle can be driven to a repair shop whereas the non-drivable vehicle would need to be towed. Thus, drivable damaged vehicles are valued more than non-drivable damaged vehicles. We offer fair prices each week for the drivable damaged vehicles we buy by taking into account the amount each drivable damaged vehicle would be worth to an auto recycler or a repair facility.

Who Buys Insurance Write-Off Cars In Arizona?

There are various types of buyers who are looking for damaged vehicles:

• Companies that pay cash for cars (e.g., Sell Us Your Car) work in this segment of the market and handle every aspect of the purchase (e.g., paying the seller cash for the vehicle, towing the vehicle, and processing all paperwork).
• Scrap yards and salvage yards typically purchase vehicles based on the scrap metal and parts contained in the vehicle; therefore, these types of businesses will usually pay the lowest amount of money for damaged vehicles.
• Pick-a-part yards are businesses that purchase vehicles for the purpose of taking them apart for parts; usually, these types of businesses require the seller to bring the vehicle to their premises and will not offer any additional services.
• Individuals and small businesses who fix and sell rebuildable vehicles also will seek to purchase an inexpensive write-off vehicle to fix; however, if you choose this route and sell the vehicle yourself, you will have spent a lot of time and effort.
• Dealerships rarely take branded title (salvage or rebuilt titles) damaged vehicles.

When you sell a damaged vehicle to us, you will have the advantage of us coming to you, paying more than scrap yards would, drafting all necessary legal documents on your behalf, and providing free same-day towing for all vehicles purchased in Arizona.

What Paperwork Is Required In Arizona To Sell A Salvage Or Insurance Write-Off Car?

In order to sell your vehicle, you must have a title (even if you have a salvage title) to the vehicle; if you do not have a title, you will have to go to the MVD to obtain a duplicate. In addition to a valid title, you will also need to provide a valid and current government issued or state ID. If the vehicle you are selling is currently registered, you need to remove the license plates from the vehicle before providing the vehicle. We encourage you to provide a bill of sale for the vehicle and/or keep a copy of the bill of sale for your records.

If your vehicle is not titled, we can help you establish ownership of the vehicle using documents like your expired registration, or a repair invoice. We will help you with all of your documentation and we will provide you with a full understanding of our processes, so you will have no surprises at the time we pick up your vehicle.