Cars for Cash: How To Get the Most Money for Your Junk Car
Junk car prices in 2022 range anywhere from $50 to $15,000.
With that much potential to profit from a junk car, why wouldn't you do all you can to maximize your earnings?
There are several things you can do to get the most cash for junk cars. Keep reading to learn how to trade in your old cars for cash.
When It's Time to Junk Your Car
Several factors signal when it's the right time to junk your car. If your car is extremely old or the value has depreciated below $500, you would get more cash for cars than trying to resell them.
Damages can also play a major part in your car's value. If significant parts such as the transmission or motor are missing from the vehicle, it may be time to trade your cars for cash.
Even if a car is newer, significant damage makes it just as junk-worthy as an extremely old car.
Ways To Trade Cars For Cash
Yes, you can always call your local junkyard and have your vehicle towed there. However, there are several steps you can take to ensure trading your junk cars for cash gets you the most money possible.
Double Check the Condition of Your Car
Before you decide to junk your car, consider its overall condition. If the vehicle is relatively new with minor cosmetic and mechanical issues, you may get more cash for cars if you sell it to a private buyer.
Check Kelly Blue Book to get an estimate of what your car could be worth in the current market. Cross-referencing sites like OfferUp, Craigslist, and Facebook Marketplace can also give you a better idea of what your car is actually worth.
Assess Which Parts Still Work
If you've concluded that your car is too far gone to be saved and sold to a private owner, you may be asking yourself, "Is it time to sell my car for cash?"
It is! But first, make sure to check for any parts in good condition. Your car may not be running, but the transmission, motor, or other important components could still be in working condition.
Take whatever parts are still salvageable from your vehicle and try selling them to local car enthusiasts online or at a pawn shop. This adds to the overall cash for cars.
Get Three Different Quotes
Don't settle for the first offer on the table. To get the most cash for junk cars, talk to at least three junk car buyers or junkyards in your area. They'll assess the condition of your vehicle and give you an estimate of how much they would be willing to pay for it.
Be sure to check that the junkyard you're selling to is licensed. The license should either be with the junk car buyer or at their junkyard.
Comparing reviews online is another great way to make sure the junkyards you receiving estimates from have honest track records and aren't selling their clients short.
Get Cash for Junk Cars
Selling your cars for cash at a junkyard is a great way to repurpose old vehicles you have on your hands that may not be in the best condition to sell to a dealership or private buyer.
What are you waiting for? Contact us to request a quote for your unused vehicle and trade your cars for cash today.