A car is a necessary tool in undertaking various tasks of daily living such as going to work and picking your kids from school. However, the vehicle is deemed useless once it loses its usefulness. Your car losing its usefulness does not mean that you should just throw it away like trash. There are junk yards that are willing to pay for your junk car. But, before you release that junk car, let us educate you on how you can make the most money out of that junk car.
1. Direct Sell
This is an option that you should take only when you are in urgent need of cash. Selling your junk car intact will not earn you as much as taking it apart. The reason is that the buyer will have to spend extra money and time to take the car apart in preparation for recycling or selling its parts. Do not see selling your junk car whole as a bad alternative as it might be the only option you have left. You can find companies who buy junk cars if you do a little research on junk cars near me. It is an alternative worth considering, although not the most profitable one. If you need to sell your junk car, get in touch with your local company that gives cash for cars and ensure its credibility to get the best price for the vehicle.
2. Sell it in Parts
You may no longer need your car, but it still has some components that are still functional. You can take apart the useful parts and sell them separately. Selling your car in parts is a better option as it will give you higher returns. Used or old auto parts are purchased in many industries as they are restored and re-manufactured where they are then taken to the market as OEM auto parts. Motors and catalytic converters are highly worthy and can earn you much more individually. Windows, headlights, radiators, and others are also equally valuable.
3. Scrap the Metal
Even if there are no remaining functional parts in the car, you can still sell it as scrap metal. Recycling plants are the best buyers for scrap metal. Selling all the different parts of metal as scarp will earn you more than direct selling the car as a whole. A car has different types of metal such as iron, steel, and copper, among others that will earn you money at their current values. Metal recycling plants pay cash on delivery for all types of junk or scrap metal.
Take Note of the Weight
When selling your junk car in parts, it’s all about the weight. Do not get a quotation for your car parts or scrap metal by just face value; sell them considering their weight. The reason is that if you sell by just their look, you will receive less money and all the profit will go to the buyer. That is why it is advisable first to take out the functional parts of your car and sell them separately as they will give you extra cash. If the parts are still attached to the car when selling it as scrap metal, it does not matter how expensive the DVD is, it is still scrapped. If you sell your car whole with all its accessories, the dealer will take them out and sell them separately as a higher profit.
Considerations before Selling your Junk Car
Type of Vehicle – A vintage muscle car manufactured in the ’60s will earn you more than a 90’s Sedan. Search on the internet to have an estimate of your car’s value to avoid getting a raw deal. You might find out you are holding a rare car which will earn you much more when you sell.
The extent of Damage – To what extent the car is damaged? Is it a complete write-off? These queries will help you establish how long if ever, it will take the buyer to get it back on the road.