NATIONWIDE SERVICE 1.877.877.7911 or 305.817.3646
Salvage Value - How to Calculate Salvage Value

What is Auto Salvage Value?

After your car is damaged from an accident, it’s logical that it’ll be worth less than it was before the collision. But, it still has some value, which is known as its salvage value. The definition of auto salvage value is the value of a damaged car that isn’t going to be repaired because it’s a total loss (the cost of repairs outweigh the value of the car) or can’t be sufficiently be repaired. A car in this situation is often referred to as a salvage car or salvage vehicle.

When your car is declared to be a total loss or totaled by your insurance company, there are a couple of scenarios that can play out. First, the insurance company can pay out a settlement check for the actual cash value of the car pre-accident less any deductible. In that case, the insurance company takes ownership of your car. The second possibility is that you opt to keep your salvage car and sell it to DamagedCars.com.

customer service
sell salvage title car
how to get a salvage title clean
how to get rid of salvage title

Salvage Value Formula

If you do opt to keep your salvage car, the insurance company will calculate the salvage value of your car and reduce any settlement payout by that amount. You’re essentially buying your salvage car from the insurance company.

Is there a clear salvage value formula? Well… no. There’s no easy, clear-cut formula for calculating a car’s salvage value, as there are quite a few variables at play. Pre-accident condition of your car, extent of damage, year, make, model, mileage, demand for parts from your car and your location will all have an impact on your car’s salvage value.

Salvage Value Calculator and Depreciation Calculator

So, if there’s no easy salvage value calculation, what’s your salvage car worth? At DamagedCars.com, we specialize in buying damaged cars and cars in less-than-perfect condition. Fill out the form on the left, and we’ll give you a quote on what your specific salvage vehicle is worth. There’s no fee for a quote and no fees if you choose to sell your car to DamagedCars.com.

cash for cars without title
we buy cars
cash for wrecked cars
cash for junk cars

Do you know the salvage value of your wrecked car?

With DamagedCars.com you can keep your insurance check and sell your wrecked car for its full salvage value. Are you concerned about making extensive repairs? Can you profit by keeping your total loss car and selling it? The best solution is to get rid of your car by selling it to DamagedCars.com.

Why should you sell a wrecked or salavage car?

- Avoid expensive, lengthy repairs
- No worries about driving a wrecked and repaired car
- Sometimes taking the salvage value and your insurance check are a better value than selling a repaired car

Why should you sell a wrecked car to DamagedCars.com?

- Our professional staff will make you a great offer within hours
- We make all the arrangements for pick up at no cost to you
- You get rid of your car “as is” and get money for it on the spot

With convenient locations throughout the continental US, and our professional approach, we are able to make you an offer, take care of car removal and pay you within days of your decision to sell your car, so stop worrying about whether to repair your car. Get your full salvage value by contacting DamagedCars.com today.

To get a free quote just enter the basic information in our vehicle submission form.


Ratings & Reviews
5 stars
See what our customers are saying
5 / 5 stars
sell your car
salvage value
Salvage Value Calculator
Value Formula

Recent Cash Offers & Salvage Cars Purchased:

Year: 2012
Make: Mercedes-Benz
Model: R Class
City: Northbrook
State: Illinois
Zip Code: 60062
Mileage: 265,000
Trim: R350 4Matic
Cash Offer/Worth: $8,750.00

Year: 2007
Make: Toyota
Model: Yaris
City: Toledo
State: Ohio
Zip Code: 43612
Mileage: 90,000
Trim: S
Cash Offer/Worth: $650.00

Year: 2003
Make: Audi
Model: A4
City: Redwood city
State: California
Zip Code: 94061
Mileage: 100,000
Trim: 1.8T Quattro
Cash Offer/Worth: $625.00

Year: 2004
Make: Honda
Model: Accord
City: Medway
State: Massachusetts
Zip Code: 02053
Mileage: 156,000
Trim: EX
Cash Offer/Worth: $1,000.00

Year: 2006
Make: Audi
Model: A6
City: Bardonia
State: New York
Zip Code: 10954
Mileage: 165,000
Trim: 3.2 Quattro
Cash Offer/Worth: $1,625.00

Year: 2004
Make: Toyota
Model: Sienna
City: Elizabethtown
State: Pennsylvania
Zip Code: 17022
Mileage: 225,000
Trim: XLE
Cash Offer/Worth: $1,325.00

Year: 2005
Make: Honda
Model: Element
City: Fort Lauderdale
State: Florida
Zip Code: 33308
Mileage: 137,000
Trim: EX
Cash Offer/Worth: $1,050.00

Year: 2002
Make: Honda
Model: CR-V
City: Wheaton
State: Maryland
Zip Code: 20902
Mileage: 154,198
Trim: EX
Cash Offer/Worth: $950.00

Year: 2004
Make: Audi
Model: allroad
City: Manteca
State: California
Zip Code: 95336
Mileage: 194,000
Trim: Quattro
Cash Offer/Worth: $675.00

Year: 2002
Make: Toyota
Model: RAV4
City: Endicott
State: New York
Zip Code: 13760
Mileage: 180,000
Trim: L
Cash Offer/Worth: $1,725.00

Year: 2006
Make: Toyota
Model: Corolla
City: Ft. Worth
State: Texas
Zip Code: 76117
Mileage: 190,000
Trim: CE
Cash Offer/Worth: $800.00

Year: 2006
Make: Audi
Model: A4
City: Burlington
State: Connecticut
Zip Code: 06013
Mileage: 130,000
Trim: 2.0T Quattro
Cash Offer/Worth: $1,425.00

Year: 2003
Make: Honda
Model: Accord
City: Randolph
State: Massachusetts
Zip Code: 02368
Mileage: 115,000
Trim: EX
Cash Offer/Worth: $485.00

Year: 2009
Make: Honda
Model: Civic
City: Chicago
State: Illinois
Zip Code: 60647
Mileage: 134,000
Trim: EX
Cash Offer/Worth: $1,375.00

Year: 2003
Make: Toyota
Model: Corolla
City: Houston
State: Texas
Zip Code: 77041
Mileage: 196,000
Trim: S
Cash Offer/Worth: $755.00

Year: 2004
Make: Honda
Model: Civic
City: Baltimore
State: Maryland
Zip Code: 21212
Mileage: 134,000
Trim: LX
Cash Offer/Worth: $700.00

Year: 1994
Make: Toyota
Model: Pickup
City: Bethlehem
State: Georgia
Zip Code: 30620
Mileage: 114,000
Trim: SR5
Cash Offer/Worth: $850.00

Year: 2001
Make: Toyota
Model: Avalon
City: Baton rouge
State: Louisiana
Zip Code: 70809
Mileage: 144,000
Trim:
Cash Offer/Worth: $525.00

GET AN OFFER FOR YOUR CAR
Your Privacy Is Protected Click Here for our Privacy Policy
* Name: * Phone:
* Email:
* Vehicle Year: * Vehicle Make:
* Vehicle Model: * Vehicle Trim:
* Vehicle Mileage:(Approximate in thousands) * Zip Code:
*Does your car start?
* Please Describe the Vehicle’s Damage Below:
* Required Fields

Frequently asked questions

How does DamagedCars.com decide the value or worth of my vehicle?

DamagedCars.com takes into account a variety of factors when making you an offer for your vehicle. For example, the wholesale value of your car pre-accident, the extent of damage or mechanical and electrical problems, the current market demand for your vehicle and its parts, its make, model, mileage and age all play a part of deciding the value of your vehicle.