Selling Your Car For Cash? 3 Things To Do

If you want to get the most money for a vehicle that you need to get rid of, then a good option is to sell it to a salvage yard. Whether your vehicle is damaged, wrecked, or just old, it is possible to get a decent chunk of change by selling it to a junkyard, as they can salvage parts off of it and sell them to local repair shops or other car owners for money. However, to ensure that you get a fair price for your vehicle, here are a few things you should do.

1. Establish Ownership of the Vehicle

A scrap yard is unable to take a vehicle off of your hands if it does not legally belong to you. Therefore, it is important that you have the title to the vehicle and that the title is in your name. Prior to even doing any sort of business with a salvage yard, establish ownership of the vehicle in your name. In some cases, this may require you to file for a lost title or find the previous owner of the vehicle to get a bill of sale or to have them transfer ownership to you.

2. Assess the Value of the Vehicle

In order to determine your vehicle's Blue Book value, you need to assess the car's damage. You need to know as much about the condition of your vehicle as possible. You will eventually be asked questions about the vehicle (when you get prices for the vehicle), so you need to know the answers to these questions. Some questions you may be asked include whether it runs, the type of damage it has sustained, what's wrong with it, etc. If it isn't currently running, and it won't take much to get it running, it may be a good idea to make an investment to get the vehicle running, as it will be worth more.

3. Call Around to Get Prices

Make a list of the nearest junkyards and call them to get prices for your vehicle. There is a good chance that the prices you are quotes will vary substantially. Take into account the distance that you have to drive, whether you have to tow the vehicle and the amount that it will cost to have it towed, whether the yard is willing to come pick up the vehicle for you and for what price, etc. In many cases, they will pay more for a vehicle that they don't have to pick up since it saves them time and money.

When you are ready, you can deliver your car to the auto salvage lot of your choice, with the title in hand, and get paid! For more information on how to buy cars for cash, contact your local auto parts store.