ok.......i've heard of people getting into accidents and the insurance pays for the car.....yet the owner gets to keep the car.....how is that done....

lets say i got into an accident....and its not my fault... the repairs are come out to be more than the value of my car.....wouldnt that be a total loss.....and the insurance pays me off..........i've seen where after they declare the loss, they take the vehicle.........but i've heard around that there's a way to keep the car even in its condition....lets say to "PART" it out...

thanks..any info would help

 

you buy the car "back" from the insurance company for it's "crush" value.

But you have to provide a "salvage" title.

Buyback for my 91 Civic HB was $200. I can get $500-800 in parts out of it easy.

 

yes you can buy the car back from the insurance company and they usually will sell it to you at the price they would get for it at auction. when i crashed my '00 hatch, it was totalled out and i got $12,000 for it, plus i could have boughten the car back for about $2000-$3000 grand, but i didn't want it.