How Much Cash For Your Damaged Truck Will You Get?
Even before the idea of selling any asset crosses your mind, the first question that pops up is, “how much money will I make?” The same holds true for your truck.
So, the following are a few key indicators that essentially dictate your damaged truck’s worth:
- Make: Different trucks brands of the world are valued differently based on their functionality, fuel efficiency, weight, size, metal quality, durability, and so on. So, if you own a truck, say of American or German make, which is valued higher in the market than others, then you will naturally be paid more.
- Model: This goes without saying- the latest the model, the higher it will be priced and vice versa.
- Age: Of course, who would be interested in paying a higher bid for an old hunk? The newer the truck edition, the more you can expect the payment.
- Size, Type and Weight Limits: These factors are pretty obvious again. Certain large trucks, including those commercial and heavy-duty with huge cargo capacity are worth more than the medium or light capacity and pick-up vans.
- Overall Condition: The general state of the truck also has a great say. The more pristine the condition and the optimum the functionality, the more likely it will be sold for higher price.
- Your Location: The truck’s location is also a crucial determinant because the greater the travelling distance, the more you are likely going to be charged by the buyer or tower.
- The Demand for Spare Parts: Even if your vehicle is in bad shape, truck owners must consider selling to wreckers to win a higher bid if the parts are working and genuine.