If your vehicle is a 2015 Model Year or newer, it’s worth more than you think it is – even wrecked! Chances are if your car was towed from the accident scene it was a police- tow and the vehicle is headed for an impound facility. Typically, your insurance carrier will hustle to get the car out of impound and moved to a repair facility in their network. If you don’t have insurance, YOU must act fast and get the car out of the impound yard now. Every day, the storage bill grows and it won’t stop until you pay what is owed and reclaim your asset. If you don’t have the funds to pay the storage charges, you have two options:
- Sell the car as-is, where-is
- Bring the title to the storage yard and give them your car
It sounds harsh, but you put yourself in a tough spot and truth is the best guidance because the storage bill goes up every day until you make a move. If your vehicle is financed, things get a little worse because selling the vehicle is no longer an option unless you have equity in the vehicle that can be used to offset payment of storage fees to the tow yard. If your vehicle is financed and you owe more than the vehicle is worth (more than our offer), the best course of action is to call your finance company and explain what happened so they can get the vehicle into a storage free environment.
Doing nothing is not an option because it will only add to the amount you have to pay to the bank.
How do I find out if my car can be sold out of the impound yard?
OutPOUND was created to help consumers make fast, informed decisions regarding vehicle impounds. We provide a lightning-fast purchase quote online at no charge. Once you have your cash offer, opt-in and provide us your information and one of our agents will contact you to arrange pick-up and inspection. OutPound will pay all necessary fees to obtain release of your vehicle and transport it to a storage free environment and complete the purchase of your vehicle.
Click here enter your vehicle information and provide all your contact data and we will call immediately.
