Can I still trade-in when I buy a new car? If not, what should I do to get rid of it? Is there any regulations about the procedure to get rid of a car?
2006-06-14 08:02:45 · 7 answers · asked by Choppy Boy 1 in Cars & Transportation ➔ Buying & Selling
If you have insurance, file a claim and your insurance company will total the car if the damage will cost more to rapair then whatever 65% - 75% (depending on who your ins. company is) of the car's value is. They will cut you a check, once you have agreed on an amount. They will then take the car and sell it at a salvage sale, keeping whatever price it brings.
You can also buy the car back from the ins. company and have a licensed rebuilder fix your car, it will have a salvage/rebuilt title.
If dealing with insurance is not an option, I would NOT trade it in, a dealer will give you nothing at all for it. You'd come out better to sell it to an individual yourself. Check wiith a junk yard, they sell parts off wrecks and probably would give you more than a dealer would for a trade in.
2006-06-14 08:16:09 · answer #1 · answered by Anonymous · 2⤊ 1⤋
Wow this one is getting plenty of feed again. Well kiddo you purchased it and also you possess it. There aren't any legislation mentioning that wrecked, flooded, blown up or something occurred need to be stated to auto fax, not anything. They, auto fax, retrieve their understanding from coverage firms. You don't have any case what so ever.The most effective factor that could occur is out of the goodness of the purchasers center, impossible. You purchased some thing as is wherein is and the way is. You purchased the auto anticipating it to be included via the manufacturing facility guarantee, not anything mistaken with this. However you did not examine into it. You purchased a auto on-line from a internet web site that has not anything to do with looking to confirm the directory both. You don't have a case of fake promoting. Totaled vehicles are purchased and bought each and every unmarried day. Cars get totaled, coverage firms, pending the coverage sort, purchase the vehicles and promote them low-priced looking to recoup a few of their cash. The shoppers get those matters, repair them and dump them. Ok repair is a vast time period. Here a different tid bit. You purchased a auto that used to be totaled and repaired. Well now you will have a partly rebuilt/ restored car that used to be developed via hand. Wrecked vehicles can also be constant relying at the harm and repeatedly can also be made new once more, repeatedly. Then once more if there's obvious body harm it is going to under no circumstances be the equal. This is while a auto demands to be overwhelmed, until any one can reside with the harm. If you're concerned approximately a guarantee you'll acquire a auto guarantee which in lots of circumstances is larger than the manufacturing facility guarantee.
2016-09-09 01:40:30 · answer #2 · answered by Erika 4 · 0⤊ 0⤋
Yes, you can use it as a trade in. "Totaled" means it would cost more to fix it than the car is worth. Of course, this means the trade-in value would be very, very low.
If you donate it to a worthy organization, you can get the maximum Blue Book value (taking into account the damage). It's pretty easy to do, and then you have a nice tax writeoff and don't have to deal with selling it.
Check your local area for non-profits that will accept your car.
2006-06-14 08:07:39 · answer #3 · answered by Anonymous · 0⤊ 0⤋
You cannot trade it in as it has no value. Do you have full coverage on your insurance? If you have full coverage, your insurance should be able to give some cash for the value of the car before it was totalled to help in purchasing a new car as a replacement. If your car was totalled in an accident, and the other person was at fault, their insurance is supposed to give you cash for the value of the car before it was totalled. If you have no insurance; you're basically screwed. Hopefully you have full coverage on it. Otherwise, you might as well have it towed to a junk yard and try to sell any worthy peice parts.
2006-06-14 08:08:53 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Most you can get for your vehicle will be the blue book (http://www.kbb.com) of the vehicle. Depending on the make and model of your vehicle, the amount will vary. You will likely not be able to use it as a trade in because it will be useless to the dealer with a salvage title.
2006-06-14 08:07:46 · answer #5 · answered by casaudiotc 4 · 0⤊ 0⤋
file a claim with your insurance company. Use the insurance check to purchase a new car.
2006-06-14 08:05:46 · answer #6 · answered by badotisthecat 5 · 0⤊ 0⤋
you can trade it in to a dealer if they dont want it and it is a nice car put it on ebay with no reserve.
2006-06-14 08:05:51 · answer #7 · answered by olds3300 2 · 0⤊ 0⤋