How do I find out the salvage value of my Mitsubishi Colt?

My 2007 Mitsubishi Colt CZC 1.5 has just been deemed unrepairable by the insurance company. I now have the option of keeping the car and trying to get the salvage value myself or surrendering the car and accepting a cheque minus the salvage value. Question is where do I find the salvage value?

Michelle Timmons (Trim, Co. Meath)

Apr 2012 Filed under: insurance

---

Expert answer

Hi Michelle,

Really sorry not to be of more help on this one, but there's no sure-fire way to work this out. Best bet is to try to call a few of the larger car dismantlers/scrap yards to try to get an answer, though most won't give you a price unless they inspect the car.

Best of luck

Shane O' Donoghue - Complete Car Adviser
@Shane_O_D