{"id":474,"date":"2019-07-17T17:59:53","date_gmt":"2019-07-17T17:59:53","guid":{"rendered":"https:\/\/www.cashforcarsindianapolis.com\/blog\/?p=474"},"modified":"2019-07-17T17:59:53","modified_gmt":"2019-07-17T17:59:53","slug":"top-5-factors-used-to-determine-the-total-loss-value-of-a-car","status":"publish","type":"post","link":"https:\/\/www.cashforcarsindianapolis.com\/blog\/top-5-factors-used-to-determine-the-total-loss-value-of-a-car\/","title":{"rendered":"Top 5 Factors Used to Determine the Total Loss Value of a Car"},"content":{"rendered":"\n

When you total a car that is insured, your insurance carrier will use their own proprietary software, along with state and federal requirements, to calculate the actual cash value of your vehicle. Actual Cash Value<\/em> (ACV) refers to the real amount of cash your vehicle was worth at the time of loss. Unless you have a classic car that is covered under an \u201cagreed value\u201d policy, your insurer will likely use several factors, in addition to their own business model formula, to determine the total loss value of a junk car. <\/p>\n\n\n\n

Continue reading to learn the top 5 factors used to make\nthis determination, as well as, where you can get paid top-dollar for your\ntotaled car in Indianapolis.<\/h2>\n\n\n\n
\"Totaled
Totaled Car Buyers 317-450-3721<\/figcaption><\/figure>\n\n\n\n

Total Loss Vehicles<\/h1>\n\n\n\n

A total loss vehicle is a car that is so damaged that the\ncost to repair it is higher than the actual cash value at the time of the loss.\nAlthough every insurance company has their own formula for calculating the\nactual cash value of a totaled car, all carriers will use these five factors to\nstart their estimation:<\/p>\n\n\n\n

\u2776 Year
\u2777 Make
\u2778 Model
\u2779 Mileage
\u277a Condition<\/p>\n\n\n\n

For instance, a 1984 Chevy Camaro with 200,000 miles that\nhas been submerged underwater for several years will be worth much less than a\n2016 Chevy Camaro with 45,000 miles that has just recently been totaled in a collision.\n<\/p>\n\n\n\n

Totaled Car With No Insurance? Or No Title?<\/h1>\n\n\n\n

If you total a car that is not covered under an insurance policy, your best option is to sell it to a local Indianapolis Cash for Cars Company. They will use a combination of electronic weight scales, XRF analyzers, and proprietary software to calculate the actual cash value of your vehicle now that it is a total loss. You will need the car title to sell a totaled car for cash to a junk car buyer in Indiana, so read our blog \u201cHow to Replace a Lost Car Title<\/a>\u201d if yours is lost or destroyed.<\/p>\n\n\n\n

Where to Sell a Totaled Car in Indianapolis<\/strong><\/h2>\n\n\n\n

Call 317-450-3721<\/strong> to sell a totaled car in Indianapolis<\/a>, Indiana for cash on the spot. We will buy your junk vehicle regardless of its condition, and pay you the fairest return in town! For more than 75 years, our company has been a trusted source for junk car selling, so you can trust us too! Call 317-450-3721 to request a free estimate for Indianapolis cash for cars, today.<\/p>\n\n\n\n

\"\"<\/figure>\n","protected":false},"excerpt":{"rendered":"

When you total a car that is insured, your insurance carrier will use their own proprietary software, along with state and federal requirements, to calculate the actual cash value of your vehicle. Actual Cash Value (ACV) refers to the real … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":475,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19,50],"tags":[149,43,127,147,133,148],"class_list":["post-474","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-junk-cars","category-wrecked-vehicles","tag-actual-cash-value-totaled-car","tag-cash-for-cars-indianapolis","tag-sell-a-totaled-car-indianapolis","tag-total-loss-vehicle-estimator","tag-totaled-car-buyers-indianapoils","tag-value-of-total-loss-vehicle"],"_links":{"self":[{"href":"https:\/\/www.cashforcarsindianapolis.com\/blog\/wp-json\/wp\/v2\/posts\/474","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cashforcarsindianapolis.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cashforcarsindianapolis.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cashforcarsindianapolis.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cashforcarsindianapolis.com\/blog\/wp-json\/wp\/v2\/comments?post=474"}],"version-history":[{"count":2,"href":"https:\/\/www.cashforcarsindianapolis.com\/blog\/wp-json\/wp\/v2\/posts\/474\/revisions"}],"predecessor-version":[{"id":477,"href":"https:\/\/www.cashforcarsindianapolis.com\/blog\/wp-json\/wp\/v2\/posts\/474\/revisions\/477"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.cashforcarsindianapolis.com\/blog\/wp-json\/wp\/v2\/media\/475"}],"wp:attachment":[{"href":"https:\/\/www.cashforcarsindianapolis.com\/blog\/wp-json\/wp\/v2\/media?parent=474"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cashforcarsindianapolis.com\/blog\/wp-json\/wp\/v2\/categories?post=474"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cashforcarsindianapolis.com\/blog\/wp-json\/wp\/v2\/tags?post=474"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}