If your car is very troublesome and repair costs have hit the roof, consider disposing off the car through a car salvage company.
Salvage cars are increasingly popular as they do not cost as much as new ones and generally the parts are available easily. This demand for salvage cars, especially popular classics and sturdy old timers has skyrocketed in recent years.
Both car enthusiasts and budget buyers have spurned the demand. So before you think of giving your dead beat car to a junk yard for scrapping it, consider this option of selling it to a car salvage company.
Arm yourself with the right information to make your effort worthwhile and generate the maximum cash from the sale.
How can I locate a car salvage company?
Reputable dealers are listed in phone directories and online directories. There are sale and purchase codes applicable to every dealer and the most important criteria for sale and purchase is to provide proof f ownership of the car. A reputable dealer should take the car title from you to ensure it is not stolen property and protect both the company and you.
How to sell my car?
The next question on your mind would be how do I sell my car? Once you have located a few reputable car salvage companies, you can provide them a detail or let them inspect the car. Based on their evaluation, they will provide you bids for what they want to pay for the car. You can generate anything between $200 – $400 depending on the condition of the car and some extra specialty parts you may have placed in it.
You can generate a better return if the car has some custom parts or if it’s a popular vintage or a highly popular commercial model which will be farmed for parts.
What is my car worth?
Traditionally, salvage companies offer you $ 200 or less for your car and even tow it from your house to the yard. However, if you feel the car has mint parts, you can evaluate them by asking a mechanic or a car buff for guidance. Further, you can check out the online NADA guide which gives you details of a cars worth based on its make, model and manufacture year etc.
How can I make more from the disposal?
By putting in a little extra effort you can make a little more cash. What used car dealers and car salvage companies do is to farm used and salvaged cars for parts. It is normally repaired and sold for a profit, or your car will be dismantled and the good parts be used to spruce up other cars that have damaged or defective parts. So why not do the deed yourself and make a little more cash with a little effort. Get a mechanic to check the car for parts and get an estimate of the value of the parts based on the condition.
How do I get the word out?
Advertise in your local paper, on the community bulletin boards, put up posters and place ads in online classifieds to locate dealers who may be interested in the car you want to sell.