You have a junk car sitting in your yard and you want to sell it and get some cash. Maybe it was in an accident, maybe it was abandoned on your property, or maybe it’s just gotten too old. Whatever the reason, you’d like to get rid of it and recoup some of your money at the same time. In order to maximize the cash you’ll get, check out the information below.
The first thing you will need to do is find a good reputable wrecker service. Don’t sweat it, we know of a very good one. Once you talk to them, they will quote you a price to buy it. Below are the factors they will consider when quoting you a price.
FACTORS IMPACTING THE PRICE OF A JUNK CAR
A junk car dealer will take multiple factors into account to arrive at a price for your car. Knowing the factors will help you make informed decisions on selling your junk car.
MAKE, MODEL, AND YEAR
The year the car was manufactured is an important factor in selling your junk car. Older cars have lesser value and may only be good for scrap metal and parts. The make and model of a respected car brand will get you a better price for your junk car because the resell value is greater if repaired. If repairing the car is not possible, a higher end brand can produce a higher return if it’s necessary to break it down for parts.
CONDITION OF JUNK VEHICLE
Is the car running or not?
The present condition of the junk vehicle plays a pivotal role in deciding whether the vehicle is going to be sold for driving or for parts. Obviously if the car is operable, you will get more cash. If it is not running, that will also affect the price. An inoperable car requires more from the junk car dealer, so the cost will be a bit less. For example, having the ability to drive the car to the dealer’s location rather than having to tow it makes a difference in deciding the price you will be offered for your junk car.
Is the car wrecked or damaged?
Factors such as the appearance of the vehicle, the condition of the exterior and interior, and the state of the mechanical components are all features that will contribute to the dealer’s quote. He will be evaluating whether the car can be repaired and sold to another driver for a higher price, or crushed and scrapped.
What is the mileage of the car?
The number of miles the car has been driven will certainly impact the offered price of your junk car. The lesser the mileage, the higher the value – whether it is the resold or broken down for parts. Cars with lesser mileage will draw higher quotes.
LOCATION OF THE JUNK CAR
Different locations will offer different price ranges for the same junk car. Some junk dealers will not venture too far from their salvage yard, especially if towing is required. If there are not many junk dealers in close proximity, the dealer may be hesitant to offer free towing; that means the seller will incur some cost in getting the car removed. Paying for the towing or gas, as well as the time to drive it to the location will reduce the real cash in hand.
TITLE OR NO TITLE
No title? Got a lien on your car? No problem.
Many junk car dealers will shy away from purchasing a junk car without a title or one that has a lien on it. These situations can take time to deal with and clear up. Until it’s done, the car cannot be sent on to the next step in recovering the junk dealer’s money.
Armed with the above information, you should be able to make a wise decision when it comes to selling an old or abandoned car. Bellinger & Son Wrecker Service will be happy to talk to you and walk you through the simple process. We are an honest and reputable company and we specialize in the cars that other wrecker companies shy away from. Contact us to learn more.