What You Need To Know About Selling Your Junk Car
If you have an old junk car sitting around taking up space in the driveway, selling the vehicle and making a little money is not as difficult as you might think. There are some services that will pay cash for junk cars, but there are some things you may need to know to take advantage of this.
Finding A Buyer
The first thing you need to do when selling your junk car is to find a buyer that wants what you have and is willing to pay for it. An excellent place to start is free online classified ads where services that pay cash for junk cars advertise their service.
Buying junk cars has become a big business, and many buyers often recycle the vehicles with a scrap metal recycler. In many cases, the buyer you are dealing with will want to pay a lower amount than what you may be wanting to get out of your vehicle. This is generally because they want to make a profit from this purchase.
That said, don't be afraid to negotiate the price with the buyer from the cash for junk cars service. Enough people are offering to buy junk cars that you can call several different ones and more than likely find a buyer that will pay what you feel the car is worth. Be realistic when you set your price, but don't be afraid to say not to an unreasonable offer.
Selling The Car
Once you find a service willing to pay what you want for the vehicle, you can expect that they will pay cash and take the car out of the driveway right away. You can give them a bill of sale for the vehicle, but in most cases, the buyer will not need a bill of sale or the title for the car because they will strip the car down and sell the scrap steel.
If you have a title assigned to you for the car, you can reassign it so that there is proof of ownership transfer. If you do that, take a picture of the title for your records, then give the title to the buyer. While this isn't required to scrap the car, it is an excellent way to protect yourself if the vehicle is to get resold instead of scraped later.
Remove any license plates from the car before it leaves your property. Also, it is a good idea to take any paperwork out of the glove compartment that might have your name and address on it and anything that you added and wanted to keep. Once the car has left your property, any chance of getting anything from the car is most likely lost.
For more information, contact a company that offers cash for cars.
