If you’ve been unfortunate enough to land yourself in a position where your vehicle is deemed as a write-off – don’t worry, many of us have been there! But what exactly does it mean and what should you do if your vehicle is classed as a write-off? Perth Cash 4 Cars is in Perth on hand to simplify the term and let you know how you can get a top price for your crash damaged vehicle, even if it’s been written off.
What is a ‘write-off’?
Put simply, the term ‘written off’ or ‘write-off’ means that a vehicle has either sustained so much damage it’s deemed not fit for the road or the damage it’s sustained is going to cost more money to repair than the vehicle is actually worth.
How will I know if my vehicle has been written off?
If your vehicle has been written-off, your insurance company will tell you. They will also let you know how much they will pay you for your vehicle. To determine what you will receive for your write-off, your vehicle will be put into a category. This category will reflect the amount of damage the vehicle has sustained, and from then you’ll be able to see what your options are – you don’t have to accept low or average offers from your insurance company, as you could get more from scrapping or salvaging your vehicle.
What is my write-off worth?
The value of an insurance write-off will ultimately depend on what category your vehicle is in, the extent of damage sustained and whether the car has been repaired or not. Calculating what a written off vehicle is worth can be done by adding up the total costs of repairing the vehicle (plus any unexpected costs). Extra costs can happen for a number of reasons, one of them being if more extensive damage is found when the vehicle is being repaired.
Get a top price for your written off vehicle
If you’re thinking about declining the offer from your insurance company, you may want to consider scrapping your vehicle.
Our scrap and salvage buyers work within the automotive industry and have access to the knowledge and resources to safely return damaged vehicles to a roadworthy condition. They also know the value in an end of life vehicle and have the experience and resources to be able to responsibly break them down if they are beyond repair. Because of this, they can provide incredibly competitive prices to our customers.
At Perth Cash 4 Cars, we pay the highest price for any vehicle, at any time throughout Perth. Same day payment & removal guaranteed!