If an old clunker is sitting idle in your garage or on your driveway, you probably want to get rid of it soon.
But do not rush to sell the vehicle. Although it may look like it belongs in a demolition derby, chances are your panels and engine parts are worth something. Before you get rid of the car, carefully consider your options and choose the one that will bring you the most money. If you need help determining the best option, the following tips will help.
Sell to an individual
Most private buyers want cars that work. If your vehicle is out of service, your chances of selling it to an individual are slim, unless of course the car is a classic. In that case, the body can only be valuable. However, if your junk is just a regular car, selling it to a dealer or junkyard that pays cash for junk cars is a better option.
Sell to a car dealer
Car dealers are interested in buying used vehicles. After all, research shows that many dealers make better profit selling used models than new. For a car to be valuable to a dealer, it must be in reasonably good condition. Dealers don’t mind replacing tires or some bad engine parts, but they want to spend as little money as possible to make the vehicle salable. Therefore, they usually do not offer cash for junk cars.
Sell to a salvage yard
A junkyard that has a “Cash for Cars” program is the best place to sell a vehicle that is out of service. Salvage yards that offer cash for junk cars sell usable parts from vehicles that are wrecked, broken, or have a problem that makes them undriveable. In addition to typically paying the seller hundreds of dollars for a jalopy, a junkyard commonly offers to tow the vehicle away for free.
Conclution
If you have an old jalopy that’s considered a classic, or needs some work to keep it in good condition, you can make the most money by selling it to an individual or a car dealer, respectively. However, if the car is not a classic and requires expensive repairs to get it running again, the best option is to sell it to a junkyard that has a “Cash for Cars” program. To find out how much your junk is worth, call a salvage lot that offers cash for cars today.