Can a New Car Be a Junk Car?

Cash for Cars Indianapolis 317-450-3721

Cash for Cars Indianapolis 317-450-3721

Who doesn’t love the feeling you get when you pull out onto the road in your brand new vehicle? That new car smell coupled with the excitement of getting to know your new ride are some of the best parts to buying a new car or truck. In fact, the high we get from owning a new car can mask the liability that comes along with it. Because no matter how solid your automotive insurance is, it is possible for your new vehicle to not have proper coverage need for major accidents and traffic collisions. In this case, you could be stuck with a brand new car that can no longer serve a purpose. Continue reading to learn just how a new car can turn into a salvaged car overnight.

Auto Accidents and Insurance Coverage

When you buy a brand new vehicle, you instantly get it covered by your choice insurance carrier. Unfortunately, many people fail to read the fine print that explains they do not replace totaled vehicles at full value. Some insurance policies do not covered totaled vehicles at all if they are damaged in a certain way. Whether you drive your new car into a lake, or mistakenly smash into a telephone pole, a new vehicle that has been totaled may or may not be covered by auto insurance.

In these cases, your new car becomes a junk car since the cost of repair would exceed the value of the vehicle in whole. If your insurance carrier provides coverage for totaling a new car, then you can simply replace it with the money you get in return. However, if your insurance carrier does not, or your policy does not have that feature, you are stuck paying a portion out of pocket for ANOTHER brand new vehicle. A good option for this situation would be to sell your totaled vehicle to a junk car buyer.

Indianapolis Cash for Cars

Junk Car Buyers 317-450-3721

Junk Car Buyers 317-450-3721

Call 317-450-3721 to sell a junk vehicle to Indianapolis Cash for Cars! We are a junk car that buys all make and model vehicles, new and old, for the highest price. We also buy water crafts, boats, jet skis, trailers, construction equipment, motorcycles, ATV’s, and more! Call us at 317-450-3721 to learn the value of your junk car today!

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