What Can You Do When Your Car Gets Heavily Damaged?

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What Can You Do When Your Car Gets Heavily Damaged?

A vehicle will inevitably undergo deterioration regardless if you are going to use it or not. In the Philippines, since cars are expensive especially given third-world standards, car owners do their best to make their cars last sometimes longer than they should. In fact, this is the reason why some cars end up being called karag-karag. So what can you do when your car is already damaged?

There are basically a few options that you could take. One, you could sell it as junk, or you could sell its useful parts. Second, options, you could have it repaired or replaced completely depending on the case. Let’s take a closer look at these options.


Selling your heavily damaged car

There are a lot of things that you need to consider whenever you are selling wrecked cars. For instance, are you selling the entire car or are you just selling parts of the vehicle? Why is this important? If you are selling useful parts of the vehicle, you could get more from your vehicle, especially if you intend to sell it via sites like Olx.ph.

On the other hand, if you intend to sell the entire vehicle, you have to consider the legal implications of what you are doing. For instance, is it possible that the car can be brought back to life with repairs? Perhaps, the car can still be fixed used on the road? For this scenario, you want to make sure that you have fixed every document. You have to make sure that the car will no longer be traced to your name as the owner of the vehicle. This could prove to be a liability if it encounters an accident and you haven’t changed the necessary documents.


Repair of your heavily damaged car

Maybe you are the sentimental type, or you really just want to have your old car despite the fact that it has been wrecked. You want to make sure that you carefully assess how much this action will cost you. You want to make sure that you get the best bang for your buck.

There are instances when your totally wrecked car could be covered by your insurance coverage. For instance, if you ever encounter an accident on the road, it is possible that the car insurance will take care of everything. But of course, this isn’t the only time that your car could be totaled. Remember Ondoy when floodwater damaged a good number of vehicles in 2009? When it comes to Act of God coverage, that’s when you could have peace of mind when the cause of your car’s damage is a natural disaster.

If you’ll visit Olx.ph, you’ll see defective cars being sold for P10,000. Whether flooded, wrecked from a road accident, or destroyed by the wear and tear, you may want to consider this amount of money if the cost of repair is already no longer practical on your part. Take note that cars don’t last forever, and eventually you will have to give it up. With these options though, you could decide what to do with your vehicle.





Author: erwin reyes

Erwin has a combined experience of more than 15 years in the car insurance industry in the Philippines and Australia. Loves cars and enjoys to sourcing out great deals for its clients