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How much is My Totaled Car Worth?

Totaled Car Value

Learn Everything You Need to Know about Totaled Car Value & Total Loss Car Insurance to Maximize Your Time and Money.

When your car insurer declares your car a total loss, it means it has calculated it will be more expensive to repair it than current market cash value of your car.

Did you know?

If your car is a total loss, you can get a check from the insurance company and still sell the car. It's called "owner retention"

If you have a totaled car you can sell it to us!  We buy totaled cars nationwide.

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When is a car considered totaled?

A totaled car is a damaged car for which the cost of repair is more than the pre-damage value of the car. For example, if a car is worth $10,000 pre-accident has a repair estimate of $10,001, it would be declared a total loss vehicle. Whether or not a car is declared totaled has nothing to do with auto insurance coverage. It is a function of cost versus value.

How Can I sell My Totaled Car?

Enter vehicle details

By filling out our form with accurate information on DamagedCars.com, we can give you an instant offer on some vehicles or contact you with a guaranteed offer shortly after you click “Submit for Offer.”

Accept your Offer

Happy with the offer? Provide proof of ownership and we will schedule the pick-up of your car and deliver payment at the same time.

Get paid!

We will hand you a check during the car pick up.

Is my car totaled?

If you find yourself asking is my car totaled, that means you’ve probably recently been in a bit of an accident. The good news is that that the definition of a totaled car, also known as a total loss, is pretty straightforward. The bad news is that what damage and how much damage is needed to declare a car as totaled varies dramatically from car to car, making the is my car totaled question a bit complicated to answer.

Calculate Value of a Totaled Car

Declaring your car a total loss means the insurance company has decided it will be more costly to fix your car after the accident than to pay for a replacement vehicle. This is why your insurer will not pay to repair your vehicle but offer you a check for the replacement value. It will be calculated on the basis of your car's pre-accident condition. After settling the claim, either the insurance company or you can keep the damaged vehicle.

When is a car totaled

Examples of Totaled Cars

sell totalled car
how to sell totaled car
getting rid totaled car

What makes a car totaled?

Let’s start with the easy part. What does it mean if your car is totaled or declared a total loss? By definition, after an accident, your car will be damaged. Your insurance company will do two things:

  • They’ll assess the amount of damage to your car in terms of dollar value. Someone accredited by your insurance will inspect the damage on your car and give a repair estimate
  • Your insurance company will also look at the year, make, model, trim, mileage, location and recent prices for cars similar to yours and give it an actual cash value, or what your car was worth before the accident. If the cost of repair is greater than the value of your car, it’s totaled or declared a total loss. 
Fairly straight forward, no?

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How Can I Sell a Totaled Car?

That’s the harder question. If your car looks like this, it’s probably a total loss. But, the reality is there are a lot of factors that come into play. The older your car, the more extensive the damage and the more expensive the parts and labor relative to the value of your car, the more likely it is that it’ll be totaled. The more expensive the car, the more damage it takes to declare it a total loss. More damage is needed to total a new BMW than it is to total a twenty-year-old Honda.

When your car insurer declares your car a total loss, it means it has calculated it will be more expensive to repair it than it would cost to buy a new one as a replacement. In consequence, they will not want to fix your damaged car but give you a check for the replacement value calculated on the basis of its pre-accident condition. Once the claim is settled, two solutions are possible - the insurance company will keep the damaged vehicle, or they will let you keep it. If they let you keep it then certainly you can sell your totaled car

 

Sell my car for parts?

Yes, you can. Here is how. The insurance company will deduct a “salvage value” (the estimated value of a car at the end of its useful life) from your claim settlement. You can make a profit when you sell the damaged car for a higher price than this car  salvage value.

Enter basic information about the vehicle in our online form to get a value.

 

Can I benefit from my car total loss if I sell it myself?

Yes, it is possible. This is how it works. As your car insurer settles your claim they deduct a “salvage value” from your claim settlement. Salvage value is the estimated value of your car at the end of its useful lifespan. When do you stand a profit? Whenever you can sell your damaged car for more than the salvage value deduction. To get a value for your car, submit basic information about it in our online form.

Is selling my totaled car the right way to go for me?

DamagedCars.com can help you make the right decision about your totaled car. We need basic information about your car to calculate its value. Use our online form to submit it and get a reply within hours. As a licensed salvage dealer, we guarantee fair market-based offers only. Our procedure is easy and secure. You do not pay for our service, towing or paperwork. You get paid on pick-up by check. With DamagedCars.com you know if you can make a profit with your totaled car.


CLICK TO GET A GUARANTEED OFFER

What do you do if your car is totaled?

That’s the important question. 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. If you 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. Basically, you’re buying your salvage car from the insurance company.

How much is my totaled car worth?

At DamagedCars.com, we’ll make you a market-based offer for your totaled, salvage or junk car, truck, van or SUV. With DamagedCars.com you can keep your insurance check and sell your wrecked car for its salvage value. Because repair isn’t always the best option, sell your car to DamagedCars.com where we buy cars in less-than-perfect condition, nationwide.

Have a salvage title car? DamagedCars.com can buy it!

Contact us today for a quick, no-obligation estimate. You get paid for your constructive total loss car when we pick it up. Which is fast. Forget about guessing and stressing. Now the process of selling your less than perfect car is easy!

Contact us today to sell your constructive total loss vehicle.
To get a free quote just enter the basic information in our vehicle submission form.


CLICK TO GET AN OFFER

Recent Totaled Car Offers, Plus Offers on Cars with Mechanical Issues

Year: 2002
Make: Porsche
Model: 911
City: Villanova
State: Pennsylvania
Zip Code: 19085
Mileage: 65,000
Trim: Carrera
Cash Offer/Worth: $4,700.00

Year: 2005
Make: Toyota
Model: Tacoma
City: Loganville
State: Georgia
Zip Code: 30052
Mileage: 135,000
Trim: Prerunner
Cash Offer/Worth: $2,200.00

Year: 2010
Make: Audi
Model: A4
City: Clinton
State: Maryland
Zip Code: 20735
Mileage: 104,000
Trim: Premium Plus
Cash Offer/Worth: $2,250.00

Year: 2004
Make: Toyota
Model: 4Runner
City: Cambridge
State: New York
Zip Code: 12816
Mileage: 140,000
Trim: SR5
Cash Offer/Worth: $1,400.00

Year: 2007
Make: Toyota
Model: Highlander
City: Elm city
State: North Carolina
Zip Code: 27822
Mileage: 127,000
Trim: Base
Cash Offer/Worth: $2,100.00

Year: 2008
Make: Toyota
Model: RAV4
City: Richfield
State: Wisconsin
Zip Code: 53076
Mileage: 147,000
Trim: Base
Cash Offer/Worth: $2,200.00

Year: 2011
Make: Toyota
Model: Camry
City: Pembroke Pines
State: Florida
Zip Code: 33028
Mileage: 76,000
Trim: SE
Cash Offer/Worth: $1,850.00

Year: 2003
Make: Toyota
Model: Tacoma
City: Pompano beach
State: Florida
Zip Code: 33065
Mileage: 184,000
Trim: Prerunner
Cash Offer/Worth: $800.00

Year: 2009
Make: Toyota
Model: Corolla
City: Lake bluff
State: Illinois
Zip Code: 60044
Mileage: 80,000
Trim: LE
Cash Offer/Worth: $1,500.00

Year: 2004
Make: Toyota
Model: Highlander
City: Orleans
State: Massachusetts
Zip Code: 02653
Mileage: 120,000
Trim: Base
Cash Offer/Worth: $1,450.00

Year: 2009
Make: Toyota
Model: RAV4
City: Rogers
State: Arkansas
Zip Code: 72756
Mileage: 104,000
Trim: Limited
Cash Offer/Worth: $2,400.00

Year: 2006
Make: Toyota
Model: RAV4
City: Provo, UT 84606
State: Nevada
Zip Code: 84606
Mileage: 200,000
Trim: Base
Cash Offer/Worth: $1,600.00

Year: 2009
Make: Toyota
Model: RAV4
City: Kingwood
State: Texas
Zip Code: 77339
Mileage: 130,000
Trim: Base
Cash Offer/Worth: $1,725.00

Year: 2008
Make: Toyota
Model: Tundra
City: Tampa
State: Florida
Zip Code: 33625
Mileage: 222,000
Trim: Limited
Cash Offer/Worth: $1,500.00

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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.