An old car can still be valuable even if you can’t drive it. You just need to know how to sell it.
What Counts as a Junk Car?
To learn how to sell a junk car, you need to know what’s considered junk. There are two different ways to define a junk car.
If you get into a severe accident, your vehicle is probably considered a total loss. Total loss means the cost of fixing your vehicle is more than its current value.
It would be smarter for you to get a new one than trying to fix your old one. You can still attempt to repair it, but it’ll take more time and money than learning how to sell an old car.
End-of-Life Vehicle (ELV)
A vehicle is an ELV if it can’t be repaired and safely driven on the road. Most likely, if you’re trying to figure out how to sell a junk car, your vehicle falls under this category.
It can be cars that got totaled in an accident, is too old and deteriorated, or been sitting for too long.
Sell It Online
Probably the most common way to learn how to sell an old vehicle is to do it yourself online. You’ll have to do research to come up with a price that you feel good about, and that will actually interest buyers.
If your vehicle is in horrible condition, you may have to try another method.
Sell It for Cash
If you don’t want to put in a lot of time learning how to sell a junk car, you can sell it for cash. Driving around, you’ve probably seen ads for businesses offering to buy a junk car for cash. One of them is usjunkcars.com. If you’ve ever wondered why they would want an old vehicle, it’s because the parts are still valuable.
Using this method is probably the easiest you’ll find while researching how to sell it.
Look up “junk cars near me” and check reviews of these businesses. Finding the right one could mean that you get rid of your car and have cash in your hand in an afternoon. Plus, most of these businesses offer to tow your vehicle away for free.
Sell It for Parts
As mentioned before, parts can be reused and are often a lucrative business all on their own. Looking up how to sell it, you may find out that you have a valuable piece of rust sitting around.
If you have the time and the skills, you can take apart your car and sell the individual pieces. You will have to take apart the car, clean up the pieces, research how to sell used parts, and then finally make a sale.
But if your car is old and has its original parts, you can make a lot of money.
Whatever remains of your car after all the parts can be sold for scrap metal.