Once an accident happens you find yourself the owner of a damaged truck with diminished valued and you have decided you would like to sell it. Whether your truck has been in a minor fender bender, a more serious crash, or has been totaled, you need to know what it is worth post-accident before you can sell your truck.

What is Diminished Value?

Have you ever heard of diminished value? What is it exactly? It is a process followed by insurance companies when you are in a truck accident. It puts them in the driver’s seat of making money off your misfortune.

Post truck crash:

1. First, you check you are not severely injured.
2. Second, that everyone else involved in the accident is ok.
3. Third, an accident report happens.
4. Fourth, you exchange insurance information with the others involved in the crash.
5. Fifth, assuming the driver at fault has insurance coverage, a claim is filed with their insurance carrier.
6. Sixth, your truck’s damages are repaired – or maybe not; it could be totaled.

Now the new value of your damaged truck is unfortunately a lot less than pre-accident; its value has diminished greatly. When a vehicle is damaged in a crash, a diminished value calculator should be used after all repairs have been completed. If unrepairable and totaled, then details of its current state are used. What you need to ask yourself is if your truck is in the same pre-accident condition once all repairs are done. We can clear this up for you right now, NO. Repairs for minor to severe damages will never matter. Your truck will NEVER be in the same, a.k.a. “as good as prior to the accident”, condition. It does not matter what any autobody repair shop, mechanic, or insurance company tells you. If they tell you it is as good as it was, they are lying to you. Using a diminished calculator will provide you with how much “value” the accident caused your vehicle to lose the moment the crash happened.

What is a diminished value calculator?

Diminished value calculators take all damages that have occurred and using a formula calculates to show what a truck’s diminished value is. The total loss of value is based on the difference in value pre-accident and after the accident

Johnny Law 

Before you begin, there are rules Johnny Law has in place that must be followed when you attempt to sell a damaged truck. A cumbersome process may lay ahead with state laws, so if you plan to sell your truck privately and to avoid legal troubles, you will want to check with your state to see what laws may be in place for selling a salvaged truck. With this said, it is absolutely legal to sell your totaled truck, it would just require the hassle of some additional work by you. But guess what? Truck Buyer USA is an expert and know your state laws inside out, and we take the headaches and hassle away for you.

Here we provide you with information when owners of damaged trucks want to sell it. Of course, like we said above, though, TruckBuyerUSA.com are experts at know all your state laws that apply and it is important to also note here, we specialize in buying damaged trucks; that makes us more than somewhat of an expert in the industry.

What is your damaged truck worth?

The easiest and fastest way to get your damaged truck’s value is to enter a few details in our short form for a quick offer. It is important to keep in mind you will need to be as forthcoming and accurate in the details as possible to get the best possible quote. The more accurate the details are the better odds at a solid offer from us. We want to pay you the highest value possible and get cash in your bank account as easy and convenient for you safely and fast!

What do you need to do before selling your damaged truck?

1^st Step – Extent of Damage

Let’s face it, trucks are meant for rugged use; after all, they have a bed in the rear to carry things and you see them used for work – construction, ranches, farms – used for recreation – transporting equipment, ATV’s motorcycles, campers, and a platitude of uses. If these resonate with you, then maybe you are thinking you have a damaged truck because it has a few, or more than a few, scratches, dings, digs, and dents and it is time to sell and trade up.

If your truck has been in a crash and is slightly, to more than moderately damaged or it has extensive damage that a professional could repair, then it is simple to detect the amount of damage. The professional will access and provide you with a repair quote. One of the most common reasons truck owners often sell trucks is because the repair costs are more than they can afford or are willing to pay-out-of-pocket for.

Recognizing and confirming a totaled truck is indeed totaled, is a decision according to insurance company guidelines. Basically, they will declare any vehicle totaled that costs more to repair than its value. In other words, if the truck worth is less than the repairs will cost your insurance provider after your deductible, they will total it and give you XX amount of dollars to go toward another truck or any other vehicle of your choosing. Work directly with your insurance carrier to inspect your truck to be positive it is totaled beforehand.

2^nd Step – What to Do If Your Truck Has Minor to More Serious Damages or Is Totaled Before You Sell Your Truck

If your truck has minor up to serious damages and you want to just sell your damaged truck, get fast cash in the bank, and just be done with it, great! We buy trucks the fast, safe, and easy way! We will even come to you to do it!

If you are on the fence still deciding if you will have repairs done or if you will sell your truck, then we recommend getting a few repair estimates to factor into your decision. If you are like thousands up on thousands of other truck owners and do not feel the cost is in your comfort zone, we are here and want to buy your damaged truck! So, sell it to us!

Ok, so your truck is totaled; what now? Assuming your insurance carrier has officially ruled your vehicle is totaled, you can sell it to your insurance provider and they will salvage it. However, once this is done YOU WILL NOT HAVE THE OPTION TO SELL YOUR DAMAGED TRUCK ON YOUR OWN. This is important to know. Another very important bit of information to think about, is your insurance company is NOT IN THE BUSINESS OF PAYING YOU the amount you feel you truck is worth, damaged or not. They will absolutely. Every single time. Without fail. Unequivocally. Pay you the lowest possible amount, especially for your damaged truck. There is no doubt about it at all.

To avoid the hoops and hassles, and the long drawn out process your insurance carrier puts you through, get top dollar for your damaged truck today. We buy any truck in any condition in every single continental U.S. state including Washington D.C., and we do it fast, safe, and easy for you. Our entire process is built on convenience to our customers. We do not low-ball you like your insurance carrier, or give you the $50 a junk yard man will to tow it away just to turn around and part it out for A LOT more than he paid you for it.

3^rd Step – Obtain Your Damaged Truck’s Salvage Certificate

Now that your truck is a salvaged truck, you can take the salvage certificate you obtained from your insurance provider to your local department of motor vehicles and have a salvage title issued replacing your old truck title. An important bit of information to note here, is once your vehicle has a “salvaged title” even if repairs are done to make it road safe, it will always be considered a totaled truck with a salvaged title from there out. This means if you decide to repair and keep it warranties and insurance rates may be different, and any prior warranties could be null and void.

4^th Step – Sell Your Damaged Truck

With a salvage title in hand, you can now sell your damaged truck.

The most important points of all this information are:

1. It is a big, and long drawn out process for you to go through your insurance carrier to have your truck totaled.
2. You can avoid insurance hoops, low-balling, fine print, paperwork, long drawn out process, headaches, inconveniences, phone call transfers and no return calls, and waiting for the salvage certificate to arrive in the mail. You can avoid the long line at your local department of motor vehicles. You can avoid running ads to sell your truck. You can avoid the hassle of scheduling potential buyers to meet you, especially at your home. You can avoid all the no shows. You can avoid the laughable amount automobile dealers will pay you. You can avoid that $50 junkyard payment. You can avoid it all simply if you sell your truck to Truck Buyer USA.

It is true, many dealerships purchase totaled vehicles, and most likely, you would get cash on the spot. However, and this is a HUGE HOWEVER, you will not get anything close to what TruckBuyerUSA.com will offer you. We buy damaged trucks with scratches, dings, dents, and even if they are broken in half – we do not care if they are running or not – all at the highest value you will find on the Internet. When you have a minor to severely, or totaled damaged truck, talk to us first. We will show you what “highest value” is. We will prove what convenience to you is – Easy – Fast – Safe – Most. When it comes to what is your truck worth and money in your bank, it does not get any better than that. We buy trucks and we will buy yours. Contact us today or fill out our short form for a 20-second offer!

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