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Were you just in a Portland Oregon car accident and after reviewing the damage your insurance company has told you that they are considering your car to be “totaled”?

The same thing has happened to millions of other people around the world over the last 10 years and many people are left wondering what the word “totaled” really means especially if the car still looks like it can be dive.

In this article we will break down the real meaning of the word “totaled” and give you some insight into what you can expect to happen next after your insurance company has made this distinction.

Car Totaled Definition

To keep things simple, the word “totaled” or “total loss vehicle” essentially means that your car, or the vehicle that you were driving, should not be repaired.

Why? The cost to repair the vehicle would essentially be more than the actual value of the car.

Many states also classify cars as total losses following car accidents so that if the car should somehow be sold, the future owner of the vehicle knows that the car would not be safe to operate.

Car insurance agencies determine if a vehicle is a total loss by first calculating the value of the car, once they know this number they will then determine how much money will be required to fix the car.

If the amount of money required to fix the car is more than what the car is worth then the vehicle will be classified as a “total loss”.

Some of the other reasons your car can be labeled a total loss following an automobile accident include if you were underinsured, or you only have liability only car insurance coverage.

When you’re under-insured your car insurance deductible will not cover the cost of the repairs to your vehicle.

This is especially true if you have liability only insurance coverage because your policy may only cover repairs or damages to other cars that were involved in the accident while your car will not be covered and you may be faced with having to pay for repairs to your vehicle out of pocket.

What Happens Once Your Car Has Been Officially Totaled?

After your car insurance company has determined that your car can be classified as a total loss, depending upon the amount of car insurance that you have, your car insurance company will pay you the fair market value for your vehicle.

Once you’ve been paid for your vehicle, your auto insurance company will then schedule a salvage yard to come and pick up your car and take it away for processing based on the regulations for your state.

This step is important because, it’s not ideal for a totaled car to return to market once it’s been repaired because, if a salvage title has been “washed”, an unsuspecting buyer may purchase the vehicle without any knowledge of the vehicles prior history.

“Washing” a car title is something that does occur in today’s Automotive Market because, there may be unscrupulous buyers out there who are able to fix up a totaled car with aftermarket parts.

Once the totaled car has been fixed up it’s not uncommon for the owner to sell it on the market for a quick buck, especially if the car has been moved to another state because, the owner of the totaled car can apply for a new title in the new state, essentially “washing” the title of any history related to the car being totaled.

Get Paid Cash For Your Totaled Car

If your car was recently totaled don’t accept less money than what it’s worth, call Fred’s Auto Removal today to get paid cash for your junk car. Contact us at (503) 810-1061 or CLICK HERE to connect with us online.

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Is it time to sell your car but you’re not sure if you can actually make the decision to sell it or not? If so, you’ve come to the right place.

In this article will provide you with tips and insight into how to know when it’s time for you to sell your car.

Tip #1 – Your Personal Needs Have Changed

Although you may be like 25% of the population and have given your car a name, creating a personal attachment to your vehicle, the reality is that if your personal needs have recently changed, this is an indicator that it’s definitely time for you to get another car.

Every year millions of people get married, have children, purchase dogs, start businesses, or have other needs which mean that they have to get a different vehicle to suit those needs.

If your needs are not sufficiently being met by your current vehicle, this is a clear indication that it’s time for you to sell your car and purchase a different vehicle.

Tip #2 – The Car Is Costing You More Money Than What It’s Worth

Another clear sign that it’s time for you to sell your car it is if it’s currently costing you more money in maintenance expenses every single month then what the vehicle is really worth.

Yes, it’s often harder for many car owners to make the distinction when it’s time for them to sell their cars but, if you have less money in your pocket at the end of the month due to your vehicle it’s time for you to make the distinction that you have to cut your losses and move on before your car costs you even more money.

Tip #3 – You Get Embarrassed Every Time You Drive Your Car

Do you get embarrassed every single time that you have to drive your car? If the answer to this question is yes, this is another sure-fire sign that it’s time for you to sell your car.

You should take pride in your vehicle and not be afraid to show your face when you drive it because your quality of life is as important as life itself and if you don’t enjoy driving your car any longer you should make the decision to get rid of it and purchase a newer vehicle

Tip #4 – Expensive Car Repairs Are Coming Up

Last of all, but most important, if you have expensive vehicle repairs coming up this is another excellent sign that it’s time for you to sell your car because many times with an older vehicle the car repairs will cost more money than what the vehicle is worth so you should weigh the cost of those car repairs in determine if you’re ready to spend more money on your car or get rid of it and purchase a different car.

Save Time and Money Selling Your Car – Sell It to Fred’s Auto Removal!

There’s no doubt that selling an older car can be tough, with Fred’s Auto Removal we make the process of selling your car easy and you will get paid what your car is worth. Learn more by contacting us at (503) 810-3061 or click here to connect with us online.

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