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Salvage Value of Car

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.

Sell Your Salvage Car To Us

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Car Scrap Value

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.

Auto Salvage Value Calculator and Depreciation Calculator

So, if there’s no easy salvage value calculation, you are asking yourself "where can I find auto salvage near me"? At DamagedCars.com, we specialize in buying damaged cars and cars in less-than-perfect condition. 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.

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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 sell salvage car to DamagedCars.com.

Why should you sell a wrecked or salvage 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.


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Recent Cash Offers & Salvage Cars Purchased:

Year: 2007
Make: Honda
Model: Civic
City: Port chester
State: New York
Zip Code: 10573
Mileage: 114,000
Trim: LX
Cash Offer/Worth: $425.00

Year: 2015
Make: Toyota
Model: Corolla
City: Brunswick
State: Georgia
Zip Code: 31520
Mileage: 25,000
Trim:
Cash Offer/Worth: $3,150.00

Year: 2006
Make: Audi
Model: A4
City: Wappingers falls
State: New York
Zip Code: 12590
Mileage: 110,000
Trim: 2.0T Quattro
Cash Offer/Worth: $550.00

Year: 2002
Make: Mercedes-Benz
Model: M Class
City: Orange
State: New Jersey
Zip Code: 07050
Mileage: 105,000
Trim: ML500
Cash Offer/Worth: $650.00

Year: 2007
Make: Audi
Model: A3
City: Dorchester, MA 02121
State: New Hampshire
Zip Code: 02121
Mileage: 115,000
Trim: 2.0T
Cash Offer/Worth: $750.00

Year: 2004
Make: Toyota
Model: Sequoia
City: Acworth
State: Georgia
Zip Code: 30101
Mileage: 250,000
Trim: SR5
Cash Offer/Worth: $710.00

Year: 2003
Make: Honda
Model: CR-V
City: Germantown
State: Tennessee
Zip Code: 38138
Mileage: 191,000
Trim: EX
Cash Offer/Worth: $450.00

Year: 2005
Make: Honda
Model: Odyssey
City: Yardley
State: Pennsylvania
Zip Code: 19067
Mileage: 134,000
Trim: EX-L
Cash Offer/Worth: $735.00

Year: 2005
Make: Toyota
Model: Sienna
City: Green river
State: Wyoming
Zip Code: 82935
Mileage: 189,000
Trim: CE
Cash Offer/Worth: $400.00

Year: 2005
Make: Toyota
Model: RAV4
City: Duxbury
State: Massachusetts
Zip Code: 02332
Mileage: 189,000
Trim: Base
Cash Offer/Worth: $725.00

Year: 2005
Make: Honda
Model: Accord
City: Federal Way
State: Washington
Zip Code: 98001
Mileage: 133,000
Trim:
Cash Offer/Worth: $500.00

Year: 2005
Make: Honda
Model: CR-V
City: Tampa
State: Florida
Zip Code: 33647
Mileage: 130,000
Trim: LX
Cash Offer/Worth: $550.00

Year: 2001
Make: Toyota
Model: RAV4
City: Nicholson
State: Georgia
Zip Code: 30565
Mileage: 200,000
Trim: Base
Cash Offer/Worth: $500.00

Year: 2003
Make: Toyota
Model: RAV4
City: Pisgah forest
State: North Carolina
Zip Code: 28768
Mileage: 180,000
Trim: Base
Cash Offer/Worth: $650.00

Year: 2009
Make: Toyota
Model: Camry
City: Chesterfield
State: Missouri
Zip Code: 63017
Mileage: 177,000
Trim: LE
Cash Offer/Worth: $1,200.00

Year: 2004
Make: Toyota
Model: Corolla
City: Sylva
State: North Carolina
Zip Code: 28779
Mileage: 193,000
Trim: CE
Cash Offer/Worth: $450.00

Year: 2004
Make: Toyota
Model: RAV4
City: San juan capistrano
State: California
Zip Code: 92675
Mileage: 170,000
Trim: Base
Cash Offer/Worth: $500.00

Year: 2007
Make: Toyota
Model: Camry
City: Spearsville, LA 71277
State: North Dakota
Zip Code: 71277
Mileage: 250,000
Trim: LE
Cash Offer/Worth: $800.00

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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.