18 Apr The Ultimate Guide to Sell Your Junk Car to Earn Profit
A majority of the car owners in the USA and across the world eventually find themselves with the same dilemma of selling their junk cars. If you are one of them, you must often ask yourself, ‘shall I invest money in repairing my car or is it the time to dispose of it?
When you sell your car to a junkyard company, you will earn good cash instantly. Apart from it, it is environment-friendly as these junk car buyers in return sell the old cars to the recycling plants. So by contacting a junk car buyer, you will recover some amount of cash from your old unused vehicle and will indirectly help to restore the environment.
Selling Your Junk Car Gives Recycling Benefits
Recycling of automobiles is a multi-billion industry now. Do you know nearly 25 percent of the steel used in the production of new vehicles come from the recycled material? From these statistics, we can say it comes equal to the manufacturing of 13 million vehicles in the USA.
A junk car possesses 80 percent of the recyclable materials such as batteries, tires, plastics, etc. these are sold to a recycling plant. The automotive industry is very much concerned about the disposal of junk car batteries as they contain lead acid and they are safely carried to the salvage yards. This justifies one more fact about the US automotive industry, that car batteries are the highest recycled product in the country.
When you contact a junk car buyer, they give you a rough estimate to your car based on the description you provide about your old car. If you agree with the quote, then they come to pick your vehicle from your place in free of cost.
If you expect to obtain more cash out of your junk car, you must prepare a few things in ahead. This is how the process takes place.
• Contact your local junk car buyers
You should always contact a local junk car buyer in your area so that you can avoid paying the towing fee. This you can do by just typing out, ‘selling junk cars near me’ on your system and this search will lead you to a lot of such dealers. If possible, you should contact all the junk car buyers so that you can have a comparison of prices. If the junk car buyer company is located in a remote place from your house, then there is a possibility that they will charge some money to tow away your car.
When you call them you must give all the information related to your vehicles such as make and model year and the amount of damage occurred to your car. You should answer all the questions asked by the junk car representative regarding your vehicle. This helps you to get the most valid offer for your vehicle.
• Keep the Title ready even before the junk professionals come
When you contact a junk car buyer, you must keep the ownership proof of your car available. So you must follow the title ready so that the dealing can do smoothly. However, some junk car buyers help you to sell the car without a title.
• Know the faulty parts in advance
If you know precisely which parts of your vehicle need repairing and which sections are working fine, then you will be able to demand a certain amount of cash from the dealers you have contacted in the process. You should compare all the offers and choose the one who gives you the best value according to the current market rate. The make and model number, and the manufacturing year play a significant role in determining the price of your old car.
• You should know your state laws
Every state in the USA has lemon laws prescribed for how junk cars should be purchased and sold. You should know about any restrictions that you need to adhere to get the most cash out of your old car.
You must know that an old car which is still in drivable condition will retain more value than a dead car. So if your vehicle is entirely out of function, you will get the scrape value out of this. A broken car is nothing but remains of metal and scrap metal has a good market in the USA.
Some Important Facts You Should Remember While Selling Your Junk Car
• The actual lies in scrap metals, not in parts
A good junk car buyer company will offer you a quote by combining the value of your car parts with the scrap metal. Many of the junk car buyers are interested in the scrap value rather than the elements as they will again trade on those by selling them to the metal manufacturers after acquiring from you.
• You can earn more if you sell it in parts
Selling your car parts separately will give you more money. You can take out the valuable elements to sell them separately by draining out all the fluids and removing the wires and extracting the engine and submission. These are tough to do all by yourself and but through this, you can earn more profit. Alternatively, you can rely on a junk car buyer for this.
• The Year, Make, and Model determines your car price
Specific models do not change years after year. Even the changes in some models are also less. The older your car, the more of the availability of your parts is. However, this does not mean that your car won’t have any value as it is mass produced. So if your vehicle is relatively new, then you can expect to have more value as the parts are not abundantly made.
• Your location may influence your price
Every state in the USA has a junkyard and with varied interests. Some are interested only in buying scrap parts; some are looking for refurbished parts while some others are interested in recycling. Moreover, the distance of your home to the junkyard may also determine the cost. If you find the distance is high, you can drive it on your own, and you will not have any cash deduction out of the total value of your car.
Last but not least you should know that junk car price is not equal to car price. If you think since your car is still in the drivable condition you will earn more then you are wrong. The junk car buyer business is scraping and recycling rather than buying and selling.
So when you think ‘how to sell my junk car near me’ you should go ahead considering all these things in your mind. Do you know old and accidental damaged car create more pollution than new cars? So, you should not take it long to decide to sell your vehicle.