What to do with a totaled older car

[Anonymous]

DS had an old family car at college and was in an accident last week. The car did not have collision on it. We do not plan to repair it. It is the Midwest and we are in VA so we are not going there to deal with it. Towing place said we can just sign the title over to him and he will cover the cost of the tow and storage. I am sure this is a bad deal but are there any other options? Its a rural area...not like there is a Carmax down the street.

[Anonymous]

How much are the tow and storage charges? That sounds like a decent deal.

Otherwise, have him look on the local Craigslist for “we buy junk cars” ads, but unless the car is a specialty vehicle or could be repaired back to roadworthy condition, don’t expect much at all.

[Anonymous]

Anonymous wrote:DS had an old family car at college and was in an accident last week. The car did not have collision on it. We do not plan to repair it. It is the Midwest and we are in VA so we are not going there to deal with it. Towing place said we can just sign the title over to him and he will cover the cost of the tow and storage. I am sure this is a bad deal but are there any other options? Its a rural area...not like there is a Carmax down the street.

That's pretty standard what they offered. I live in the midwest. some years ago I sold an old car--not totaled but too many repairs needed--to a guy who was paying $150 then scrapping them out. A few years later I called him about another vehicle and he said he wasn't paying for them anymore because prices bottomed out. If he can find a buddy who can help haul it to the junkyard my guess is they'd pay him maybe $200 but otherwise they just take the vehicle and you're done with it.