How to calculate the value of a salvage vehicle
Thursday, May 21, 2020
Have you got your vehicle totaled in an accident? So, fed up with this terrible day? Are you thinking of getting a claim from an insurance company? Don’t be feel like losing everything. But the worst part is dealing with the insurance company is no easy as you think. As it’s quite a complicated process. Apart from getting a claim, you could also be thinking to deal with the car removal company. Don’t get confused about both options. Since you can also calculate the salvage value of the vehicle and this could also help you know either prefer to the insurance company, keeping or repairing or getting rid of any junk car removal company. Let us go ahead & know how to calculate the value of the salvage value of the vehicle.As there is no specific kind of formula for calculating the salvage value of the car. But there are some guidelines that help you to estimate the salvage value of the accidental/junk/used car. The best part of a car removal company is that they buy all makes, models, or the age of vehicles regardless of any condition & also offer you high dollars for the junk/accidental cars.Visit CarCashiers.com.au to find actual cost for your vehicle.

Calculate the Salvage Value of Car

So, based on some techniques we calculate the salvage value of the car. In most cases, the salvage value is just half the amount of its original value. Whereas insurance companies always offer 20% to 30% value of accidental or scrap car. It’s an informed decision if you choose one of the well-authorized & reputed junk car removal company. So, first, look at some tips to know the estimated value of salvage vehicles.

Identify the Makes, Model or Year Of the vehicle

Makes, model, or year of the vehicle plays an important essential role in identifying the salvage value. As these are some special features of the vehicle. The more your vehicle is old, the less will be its salvage value. Also, make sure to check the car’s retail value at that moment because this can give you the rough estimate of your vehicle.

Check the Retail Value and reduce it by 50%

It’s another super-fast method of getting the approximate value of salvage vehicles. First, you have checked the retail value of your vehicle in the market and then automatically deduct 50% from the retail price. It doesn’t mean getting actual salvage value as real salvage value depends upon the damage on the car. If we talk about the insurance company, they usually deduct 75% to 80% of the retail price. In simple words, you will get nothing from the insurance company. Therefore, get rid of a junk car through the best car Removal Company. Although, you can high cash for your junk car on one call from them.

Contact with an Automotive Repair Facility

You can contact an automotive repair facility because they will not try to down the value. They will provide you with the fair value of your vehicle. For Example- Car Removal WA offers quick cash for car quotes to car owners without any huddle to know the value of their junk/used or accidental vehicles.

Research on Online Platforms

Don’t worry about the salvage title as there are lots of websites which help to know the salvage value of the vehicle. Nowadays it’s trending on the internet. Check the well-reputed websites online. Moreover, best car removals are also available online with amazing offers. Check it once!!

Ask Insurance Company

You can ask your insurance company to inform you of the rough estimate of your vehicle. However, just don’t stick to one particular option and also do research on all the available options.

Benefits of Car Removal Company

If You Use Best Car Removal Company online, you get a Plethora of Benefits. Some of the offers are mention below such as-
  • Free Auto Car Removal Assistance
  • Instant & high cash at your Doorstep
  • Sell your Junk Vehicle In just 24 Hours
  • No Hidden Cost
  • Eco-friendly vehicle disposal
  • Free Quote for junk/Used/Accidental cars