Your car or truck was a well-loved one, but unfortunately, all good things must come to an end. Your vehicle was involved in an accident, and the insurance company declared it a total loss. Now that your car has a salvage title, you just want it gone.
If you live in Georgia, you can still sell your salvage title vehicle. However, the rules are a little different from the sale of a clean title car. Let’s look at how to sell a salvage car in Georgia if your vehicle has been totaled.
How to Sell a Salvage Title Car in Georgia
A salvage car is one that has been declared a total loss by an insurance company. That is to say that the estimated cost to repair the vehicle exceeds the value (or a percentage of the value) of your car.
In the state of Georgia, it is legal to buy and sell salvage title vehicles. However, these cars cannot legally be driven on public roadways. This is because totaled cars are deemed unsafe for road use. Furthermore, it’s difficult to find an insurer who will offer a policy on a salvage car; driving without insurance is against the law.
If you have a bit of mechanical know-how, the best option is to rebuild your vehicle before trying to sell it. A rebuilt title can be registered, plated, and insured, making the sale of your vehicle exponentially easier.
If you choose not to rebuild your vehicle, you still have options. You can sell your vehicle for parts. You can sell the car “as-is,” with disclosure to the buyer that it has a salvage title. Or you may choose to sell your car to a scrap yard. You won’t be paid as highly, but the sale is quick and guaranteed.
No matter to whom you sell your car, one thing is imperative: you tell the truth about your car’s title. If you misrepresent your car to a buyer and he or she finds out, you could face a lawsuit or even charges of fraud.
Selling a Georgia Salvage Title: What to Expect
Because it’s not legal to drive a salvage title vehicle in Georgia, you won’t be able to get the car registered. That means two things:
- Buyers won’t offer you as much money for your salvage car. You can expect to get significantly less money for your salvage vehicle—even if it’s rebuilt—than you would for a car with a clean title. There are just too many unknowns and issues that could go wrong with the vehicle to expect someone to pay fair market value.
- It’s difficult to insure a salvage title car. Even if you’re able to, an insurance company may not pay out twice if you were to be involved in a second accident. In other words, while insurance is required to legally drive a car in Georgia, you may be paying insurance for nothing.
Keep these facts in mind as you decide whether you’ll sell your car, keep it or scrap it. Sometimes the best option is just to let a motor vehicle go and use your insurance payment to purchase a new car or truck.
Summary: Selling Your Salvage Junk Car in Georgia
If you’ve totaled your car in the Peach State, you’ll need to know how to sell a salvage car in Georgia. Doing so is slightly different than selling a car with a clean title. Explore your options, but above all remember to be honest. Prospective buyers deserve to know the status of your vehicle title when considering your car for purchase.