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Wrecked Car Case Study #128

- Friday, February 21, 2014

25 million people have accidents each year on US roads. Only half of them will get reimbursed for collision repairs by the insurance company at fault. Of those 12.5 Million people, around 10% of them will find a way out of the vehicle because they just don't feel safe in it anymore. Most of the vehicles that get repaired wind up being a bad financial decision for the insured. Why sink several thousand dollars into a vehicle that is 6 years old and has 100K+ miles on it?

The truth is, most people don't know they have the option of keeping the proceeds that the insurance company will designate for the repairs, then selling their wrecked car for cash and getting something new. This is an actual case that turned out pretty good! Lets take a look at Brandy's case because she was fortunate enough to make the right decision.

2012 Jaguar XJ-L
12,000 miles
NADA Clean Retail Value $58,675
Collision Repair Estimate $39,000
Sold to DamageMAX for $20,000
Equity Position $325.00

Brandy hit a tree with her shiny new Jaguar and was at fault, but luckily the repairs were covered. She thought the damages were so severe that the car would never be the same – she was shocked when the insurance company told her she had to keep the car and that they would have to repair it. Brandy found DamageMAX.com and sent us the collision estimate along with a few photos taken from her cell phone and sold us the car in less than 24 hours. 72 hours from the first call, the Jaguar was gone and DamageMAX wired $20,000 to a very happy seller!

Brandy was able to keep her insurance repair check for $39,000 plus the $20,000 from the sale of the Jaguar which put her over NADA Clean Retail Value by $325.00! The best part is, she didn't have to write the check for her insurance deductible which kept another $1000 in her pocketbook.

Most damaged cars are worth a lot more than people think they are… Don't leave yourself in the dark, make an educated decision before you agree to fixing your wrecked vehicle. Call (888) 629-2137 or visit www.damagemax.com for an immediate cash offer on any damaged vehicle.


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