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Repair-a-Wreck disclosure bill cruises along, heads to Colorado Senate floor

Joseph Coupal - Friday, April 04, 2014

Coloradans will have a harder time repairing and selling totaled vehicles without harming their value and insurability under a measure that rolled through a state Senate committee with some bipartisan support Tuesday.

House Bill 1299 would remove an exemption to the state’s salvage-title law. Under that exemption, sellers of cars that are wrecked and rebuilt after they are more than six years old do not have to note that reconstruction on the cars' titles.

The measure would require salvage status to be listed on titles of all vehicles that have been damaged by collision, fire, flood, accident, trespass or other occurrence to the extent that the cost of repairing the vehicle to a roadworthy condition exceeds the vehicle’s retail fair market value just before the damage.

Members of the Senate Transportation Committee had to balance concerns about vehicle affordability with concerns about people covering up cars and trucks that may not be fit for road usage any longer.

The six-year exemption was put into state law in 1994 when many cars did not last much longer than that time frame. But the average Colorado car now is more than 11 years old, meaning a law change would affect 81 percent of vehicles being driven in the Centennial State.

If you have a damaged vehicle and don't want to repair it, keep your insurance check and sell your wrecked car or truck to DamageMAX. DamageMAX is the leading buyer of wrecked vehicles in the USA. For an immediate cash offer on any damaged or salvage title vehicle, call (888) 629-2137

Thinking About Donating a Wrecked Vehicle?

Joseph Coupal - Thursday, March 20, 2014

One of your kids was texting away and wrecked mom's hand-me-down. The car has 100,000+ miles on it and you opted for the $1000 deductible in an attempt to "neutralize" the rate beating your insurance carrier threw you with the addition of those newly licensed drivers you are raising.

Seems like you might be throwing good money at a not so good cause by fixing the vehicle, so you look for a way out it. Junior suggests "Let's donate it Dad, and we'll get something else!" He never liked the old family sedan anyway, time for a "tuner car, right dad"? WRONG! Let's talk about the donation idea…

You hop on Google and search "car donation" and this is what you see -

About 93,300,000 results (0.36 seconds)

There are 93 Million results for the search "car donation" and there are no easy answers. Talk about a quagmire!

About a million cars get donated annually and about 75% of them are end-of-life vehicles. The other 25% are running and driving "granny cars" that are usually worth thousands of dollars. What happens to these cars will shock you and may even hurt your feelings. Most of the car donation sources are not charitable concerns they are car dealers, some of them are not even licensed. Many are recyclers posing as car donation processors that will try to pay you cash for the car and talk you out of the donation anyway. Donating a vehicle is not really an efficient way of getting the most out of the vehicle. There are very high disposal charges associated and the processor will usually take a % of the proceeds, leaving pennies on the dollar left for the charitable concern. Many times, those really nice "granny cars" seem to vanish into thin air and the charitable concern gets a check for a few hundred instead of a few thousand dollars!!!

If you want to get rid of a damaged vehicle and get top dollar for it, call DamageMAX.com. We always tow for free and we won't charge you any processing fees, title charges or administrative fees. You will always get paid the full amount that you negotiate with us.

Then take the proceeds from the sale of "Old Bessie" and send them to your favorite charity. It's a cleaner and simpler transaction and you'll know exactly where your money went.

For additional information on donating a wrecked vehicle, or no obligation price quotations, please contact www.damagemax.com.

Diminished Vehicle Value – The Perfect Storm for Insurance Companies

Joseph Coupal - Wednesday, March 12, 2014

Diminished Value is probably the dirtiest thing you can say to an insurance adjuster. Just say it and watch them get weird…Insurance adjusters are trained to be neutral and generally stoic by nature. It's pretty hard to "rattle their cage" unless you say the magic words "Diminished Value" or DV.

Diminished Value occurs when an automobile is involved in an accident, vandalism, storm or some other type of event where physical damage occurs.

There are three levels of diminished value:

  1. Stigma DV – the insurance companies involved will report your claim along with the settlement amount to data providers that will feed the information subsequently to CARFAX and AutoCheck. The vehicle will have a score that is impacted by this history and the value of the vehicle will depreciate up to 15% just because the vehicle was previously damaged.
  2. Frame / Structural DV – when there is physical evidence that a vehicle has been repaired extensively and the structure of the vehicle was compromised. The quality of the collision repair work is not in question, it is the fact that significant structural repairs were made to the vehicle. A good benchmark for the potential of structural DV would be collision repairs totaling to greater than $3500.00
  3. Sub-standard Repairs – physical evidence of poor quality repairs would significantly impact the value of the repaired vehicle. This compounds the DV effect as corrective repairs will be required before any estimate in DV can be ascertained.

Vehicle Data reporting sources like CARFAX & AutoCheck have created tremendous awareness, even fear and the american consumer is possessed with knowing vehicle history before they consider purchasing a vehicle. Great for CARFAX & AutoCheck, bad for insurance companies! Why? Because there are new businesses sprouting up every day to ride the Diminished Vehicle Value wave. There are companies like WreckCheck and TrueFrame that inspect previously damaged vehicles for repair quality in an attempt to restore a portion of the vehicles diminshed value. This comes at a price however, and the consumer must pay a few hundred dollars to get a certification that their vehicle was repaired properly. Sound fair to you? WRONG! You are sitting at a stoplight minding your own business and you get blasted from behind by a "texting teeny bopper" in mommy's Expedition. You are not at fault, and mommy's insurance company is quick to tell you they will be handling the repairs, but what about Diminished Value? Your vehicle is going to take a big hit in the value department and you won't be getting compensated for it?

CARFAX just announced that they will begin a classified listing service for automobiles. This will create more awareness as vehicles will only be listed "with" history reports visible for the consumer to peruse.

So if you're the victim of an accident and you believe you are not at fault, ask about being compensated for the Diminshed Value.

For more information on diminished vehicle value or to sell a previously damaged vehicle, please visit damagemax.com.

Sell Collision Damaged Vehicle

Darren Kincaid - Tuesday, February 04, 2014

Most people don't know you can sell a wrecked vehicle. I mean its primary use is for transportation, right? Now it's of ZERO value to you because it doesn't drive–it may not even start. You're not sure what to do with your vehicle after a wreck, in fact, you're not even sure where your damaged vehicle is at the moment because the police arranged the tow from the scene.

So what should you do with your damaged vehicle?

Here are KEY WRECKED CAR CRITERIA to help you make a fast, informed decision:

  1. If you can't afford to fix the car without borrowing money – sell it fast
  2. If it has over 100,000 miles, sell it fast
  3. If it's older than 5 years old – sell it fast
  4. If you don't want your wife & kids back in the vehicle – sell it fast

The KEY to making the best decision for you and your family with a collision damaged car is to ACT FAST. If you delay a decision, the storage bill will eat into what's left of your vehicle and ruin your chances to get any cash out of it. So if you've had a car wreck, call DamageMAX.com today for an instant cash offer for your damaged vehicle. It will take less than 5 minutes of your time and we are happy to quote any damaged vehicle, anywhere, in any condition free of charge.

The wrecked car experts at DamageMAX quote thousands of damaged vehicles per week and we are happy to help you any way we can.

Why DamageMAX can't be beat on Damaged Car Prices

Joseph Coupal - Wednesday, January 29, 2014

DamageMAX is owned by an independent group of automotive professionals that buy damaged vehicles throughout the Continental United States. We buy Damaged Cars and resell them to interested buyers via a live competitive bidding environment which yields the highest possible return. Because we can sell the vehicle in multiple sales channels in every state, and we have facilities that enhance the vehicle cosmetically and mechanically if needed, we can pay more for your damaged vehicle.

For the best price on your damaged car, call DamageMAX because we pay the MAX!

Call (888) 629-2137 for an instant cash offer on your damaged car or truck or visit www.damagemax.com

DamageMAX will be any competitors offer on a damaged car or truck – anywhere in the USA.

Call DamageMAX.com for the best price on a damaged vehicle today!

Why Body Shops Want to Take Your Damaged Vehicle Apart?

Joseph Coupal - Tuesday, January 14, 2014

More commonly referred to as a "tear down" for its' similarity to ripping off the bad parts until you get to the good ones. Most collision repair shops do it to determine if there is hidden damage that they should include in the repair estimate that they agreed to perform at NO CHARGE. It only becomes a problem if the shop tears apart your vehicle and you elect to SELL YOUR DAMAGED VEHICLE instead of repairing it! That is because the collision shop will now ask to be reimbursed for the tear down charges, plus the tow, plus daily storage fees and you are effectively prevented from selling your damaged car because they have you over a barrel financially.

You might even have to forfeit your wrecked vehicle just to get out of having to write another check.

If you have had an accident and you are undecided on what to do, remember that you have the right to sell your car "as-is". The body shop will not give you a competitive price to buy your car because they don't have to and you can't remove the vehicle without paying them. Your car is now in pieces and you are stuck with what they give you, right? WRONG! DamageMAX.com will tell you straight up what your damaged vehicle is worth in it's wrecked form, where it sits. At DamageMAX.com we value hundreds of damaged vehicles per day ABSOLUTELY FREE and PAY MORE than other damaged vehicle buyers because our network of buyer is the biggest and best.

If you need a fast value for a wrecked car or truck, call DamageMAX.com at (888) 629-2137

DamageMAX.com can help you get the most out of your damaged vehicle and help you make an educated decision by investing those "would be"repair dollars in something new to drive.

Don't let the shop tear down your damaged vehicle until you call DamageMAX.com for a fast price quote. If we buy your damaged car or truck we will even pay the towing and storage charges.

NOTE: a damaged vehicle that is "torn down" is worth 10% less than if the parts were left on it. If you are told it will be worth more, you are being misled.

Call (888) 629-2137 for an immediate cash offer on your damaged vehicle.

We Total any Car

Joseph Coupal - Tuesday, June 11, 2013

You just had an accident and got more bad news…your insurance company decided to repair your vehicle instead of total it. Instead of getting a check, now you have to write one for the $1500 deductible, plus you are going to be without a vehicle for two weeks with no rental car reimbursement – more out of pocket expenses!!! If you only had another alternative…

STOP – DO NOT FIX YOUR DAMAGED VEHICLE!

DamageMAX will total your car immediately. There are no charges or hidden fees. Here is how it works:

  1. Send us a copy of your collision repair estimate
  2. Send us pictures of your vehicle along with a brief description
  3. DamageMAX will make an offer to purchase your wrecked vehicle "as-is"
  4. Sell your WRECK and keep the repair CHECK

That's right friends, you will get 2 checks instead of just one and you will be out of that wrecked vehicle and on your way to buying a new vehicle within hours. It's easier than you think and a much better financial option than PAYING to fix your wrecked vehicle.

You just wrecked your car, don't wreck your bank account – get money for your damaged vehicle and keep the insurance repair check.

Experience the DamageMAX Difference today at (888) 629-2137 or visit www.damagemax.com.

Don't Get Ripped Off by a Storage Yard

Joseph Coupal - Friday, June 07, 2013

Your wrecked car just got towed from the accident scene and its at a storage yard.

If you don't have full insurance coverage like most people, you are going to get charged several hundred dollars and the bill will include a tow fee, an administrative fee and storage will be charged by the day. The average tow & storage bill is close to $500.

Don't be a victim of the storage industry. Your car is worth something, even if it is burned to a crisp, its worth a few hundred dollars just for the steel. If you act quickly, you can get cash for your wrecked or damaged vehicle by selling it to DamageMAX.

Call 888 629-2137 immediately and we will make you a cash offer for your vehicle. If we buy it, we can get the vehicle released from the storage yard fast and stop storage charges from building. This puts more in YOUR pocket, instead of the storage yard.

Please visit www.damagemax.com for more information. Call us if you need us!

What Should You Do if You Wreck Your Vehicle without Insurance coverage?

Joseph Coupal - Thursday, June 06, 2013

Whether you choose to sell or repair your vehicle, the key is to make a fast, deliberate decision about what to do with the vehicle and keep the storage charges to a bare minimum.

The storage yard is the enemy of the consumer with a damaged vehicle. It is their job to get as much of your money as they can and prevent you from getting your car back. Storage yards are predatory by nature but DamageMAX is their only natural enemy! Folks, the storage industry does not like DamageMAX and they do not want you to sell us your vehicle because it is bad for their business. The average storage and tow bill paid by INSURANCE COMPANIES is almost $500. Insurance companies have literally thousands of employees and vendors working to make sure your vehicle gets off the clock at the storage yard. If you don't have insurance coverage, nobody is on your side. The insurance company can't help you and once the storage yard finds out that you have no coverage, you are going to get sacked – big time! We see it every single day, hundreds of times a day!

What can you do?

First, if you wreck your vehicle, DO NOT tell the storage yard anything! It is not their business if you have coverage. Take charge and be decisive.

Second, call DamageMAX immediately for a fast, free price quote. We will buy any damaged vehicle, anywhere and we will take your car out of storage and tow it for free. We even pay the storage charges when we buy your car!

Third, don't procrastinate ! Your car is wrecked and you need to make a decision TODAY – fix it or sell it! DamageMAX can help make that decision quick and easy by consulting with you – absolutely free! We will tell you what your wrecked car is worth, what the fair market value of the vehicle is after repairs and help estimate the cost of repairs so you can decide within minutes the best course of action for you!

DamageMAX is on your side. Call 888 629-2137 for a fast, free no obligation price quote or visit www.damagemax.com for more information.

Please call us for any reason if you have had a wreck and are not sure what to do. Our damaged vehicle consultants are standing by ready to assist at no cost.

Experience the DamageMAX Difference

Is Your Vehicle Hard to Sell?

Joseph Coupal - Monday, June 03, 2013

DamageMAX specializes in damaged, broken and problem vehicles but we also buy just about anything. If your vehicle is a work or utility vehicle, a custom truck or van that has been modified, or its just old and has very high mileage…DamageMAX can convert your vehicle to cash very quickly.

DamageMAX is the leading buyer of damaged & problem vehicles in the USA and we also buy vehicles that nobody else wants!

Because we are damaged vehicle specialists, we have a huge audience of buyers that look for damaged vehicles, work vehicles, rebuildable vehicles and anything that can be used for parts or export to foreign countries that are in need of vehicle parts and equipment.

Old Box Trucks, work trucks, vans, trailers and construction equipment are in demand, regardless of condition.

Please call 888-629-2137 for a instant price quote or visit www.damagemax.com

Thanks for thinking DamageMAX!


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