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Diminished Value, Vehicle Resale Value

Joseph Coupal - Friday, January 31, 2014

I recently had a healthy debate with an associate about Diminished Value. Diminished Value takes place if, and only if there is an auto accident or the vehicle has sustained some type of damage that requires repair. There is no quandary or debate, if the VEHICLE gets damaged and you elect to fix it, it has been repaired and it will impact the value of the vehicle. Body shops will offer that they fixed it better than it was right from the factory…."Right! And there is a bridge in Brooklyn that I can sell you for a great price!". If you have had an accident, you have 2 options:

  1. Fix it
  2. Sell it as-is

Option 1 – pay out of pocket for the deductible, wait for the repair to be completed and get your vehicle back and hope everything is "better than it was when new". Sounds great right? Too bad most of the time it never works out that way…Plus, when you go to sell your vehicle you will take a huge hit for accident history. Nobody wants an accident car – especially a dealer because they are forced to disclose all the damage to the next customer.

Option 2 – sell your damaged vehicle for cash to DamageMAX and pocket the insurance repair check, keep the money you would have spent on the deductible and go get a new vehicle. Leave the accident history and all that depreciation behind. No running from dealer-to-dealer, hoping for a fair trade-in figure. Dealers don't buy damaged vehicles or even trade them in after they are fixed. DamageMAX buys Damaged Cars and we pay more than other Damaged Vehicle Buyers.

Don't take the hit on your vehicle resale value because you got rear ended! Sell your Damaged Vehicle to DamageMAX.com today.

Call (888) 629-2137 or visit http://damagemax.com/contact-us.htm for an instant Cash Offer on your Damaged Car.


Save your Insurance Deductible, Sell your Damaged Car

Joseph Coupal - Thursday, January 09, 2014

2014 is here people and there is a better alternative to fixing that wrecked car and eating that $1000 insurance deductible!

Turn that damaged vehicle into fast cash, take your insurance repair check and go get something new.

Why go into your pocket for $1000 so the insurance company can fix the same old car you have been driving. Here are four great reasons why you should sell your damaged vehicle now:

  1. It has too many miles on it, why fix it?
  2. You would like to get something else to drive
  3. You are going to be with no wheels for a few weeks while they fix it
  4. You can think of much better ways to spend $1000 of your money right now
  5. You don't have to take a thousand dollar loss because you had a fender bender. Turn that damaged vehicle into cash by selling it to DamageMAX.com.

DamageMAX pays the MAX for any damaged vehicle, anywhere. If we buy your car, we'll even pay the towing and storage bill and get you cash.

Call (888) 629-2137 or visit www.damagemax.com for an immediate cash offer for your vehicle.

DamageMAX helps you save your insurance deductible! Sell your damaged car today!


Sell Your Wrecked Car, Don't Fix It!

Joseph Coupal - Tuesday, January 07, 2014

Here's more proof why selling your damaged vehicle is a much better deal than fixing it and trading it in later. Once you have an accident, you have lost control of a lot more than your vehicle. You have NO SAY in what happens to you next if you don't act quickly.

1. At the accident scene, the police call the tow company of "their" choice–you can't use AAA or your MFR's Roadside Assistance because it's not an option. To make matters worse, you have no idea where your vehicle will be towed and the police are "close–lipped" and just hand you a slip of paper to call to find out where your car may be??? Check this out… the towing company in most cases will be getting a "bribe" which they label a referral for bringing your vehicle to their repair facility. You have NO SAY in this because you have no control of this process.

Now lets talk about what happens next. If you elect to fix your car, the Towing Company that dropped your car off at the body shop will get a HUGE kickback after the repairs are performed–10% of the repair amount! That's right, if the repairs are $8500 the Towing Company will get a check for $850. Guess who paid for that? YOU, YOUR insurance company and YOU again because your rates are going way up for all these expenses! Fixing your wrecked vehicle is not the best option, sell the car fast and cut your losses.

If you decide to sell your damaged vehicle, act fast because the shop that is holding your car hostage will be charging you outlandish fees. They will look like this:

Administration Fee
Daily Storage Fee ($25-75/day)
Personal Property Fee
Environmental Fee

We even had a shop charge extra to release the vehicle to anyone else but the owner of the vehicle. Wait…isn't it your car? You had an accident, the vehicle wasn't impounded for something illegal, why all these fees? Why don't you have any say who tows your vehicle?

Take control of your accident and make a quick decision. Call DamageMAX.com and let the damaged vehicle experts deal with the tow yards. DamageMAX.com will buy your damaged vehicle for top dollar, pay the charges and tow it away at no additional cost.

Call DamageMAX.com for an immediate cash offer and take charge of the situation and your vehicle. Call (888) 629-2137 to speak to a live Damaged Vehicle Consultant.