A lot of people still believe that after their car gets totalled, there is no chance of getting it repaired. However, this is not true. You only need to be sure about whether your totalled car is worth repairing or not, whether it will be able to run properly or not, and whether the hidden issues will surface or not. Your car is your prized possession, and it is hard to let it go easily. Thus, it is essential to know about totalling your car and things to do after that, like cash for cars Brisbane. 

All about totalling your car 

When your car gets totalled, it means that it has been damaged to a point where the cost of its restoration will exceed the total current value. To determine your car’s totalling, insurance companies use two common methods. 

The initial method is where they evaluate whether the car damages are exceeding the percentage of the cash value of the car. However, this can vary from each insurance company. When the repair costs are around 75-90% than the actual car cash value, it is stated as totalled. 

However, there are some cases where the car might look in good condition but its integrity and safety has been compromised. The damages in such a case involve frame damage, fire damage, etc. In this case, the car is considered totalled irrespective of the repair costs and you can proceed with next steps involving cash for cars in Gold Coast. 

Things to opt for after totalling your car 

After the insurance company or you get a rough idea about the car’s total loss, there are many things to opt for. Some of them are mentioned below: 

• Claim from the insurance company 

The first thing that you can do is claim from the insurance company. But this is possible if you have insured your car in the first place. The insured car will be able to claim the actual value from the insurance company. The ownership will get transferred to the insurer and then you can opt to buy a new car with the offered payout fee. 

• Keep the total car in your garage. 

There are few insurance companies that will let you keep the totalled car in your garage for a minimum settlement amount. The insurance company deducts the salvage value, and then you can keep the car and do anything with it. 

• Get it back to repair or resell it. 

Insurance companies can negotiate and allow you to buy back the car after the claim settlement. Thus, you can plan to repair it or resell it. 

• Consider cash for cars. 

The last option you can opt for is cash for cars in Gold Coast. You need to find the best cash for cars’ company, otherwise it can be challenging to sell your car. 

Conclusion 

After totalling your car, it can be a daunting task to know what to do next. The above mentioned quick guide can be beneficial in many ways. Also, you can go through the process of cash for cars Brisbane with Prime Cash for Cars. This is the best solution to sell your old, used, or damaged car without any trouble and with the surety of getting high value against it.