Maybe it’s sitting on your driveway, or even in the lawn on the side of your home. We’ve all faced it at some point: that junk car that you just can’t seem to find the time to get rid of. All it’s doing is taking up space and leaking onto the pavement or grass below.
Why are you holding onto it? It’s likely because you want to get a good price for it but aren’t sure how. So you keep putting it off, letting it sit and get older. Well, no longer! It’s time to take the initiative to sell that vehicle and put some great money in your pocket to boot.
It’s essential that you know how to scrap a car for the most money if you want to best provide for your financial future. Read on and we’ll walk you through a few tips that will help you to do just that.
1. Know What’s Important
If you really want to sell your scrap car for good money, you need to get into the head of a scrap car buyer. Understanding what is and isn’t of value to them will help you to better position yourself and your vehicle for a big sale.
For example, one of the biggest things you should know is that scrap car buyers don’t care all that much about individual parts. This is a common misconception that many first-time scrap car sellers fall into. They think that the buyers will be interested in the individual pieces of the car and try to hook a seller by mentioning these pieces.
They end up with no good offers on their vehicle because most buyers really aren’t interested in taking scrap cars in for parts. They don’t care if it has a sick new stereo or an excellent dashboard accessory. What they’re actually interested in is the total scrap weight of the vehicle in question.
Most places will give you a price solely based on the scrap weight of your vehicle. That’s the number to know and to provide sellers if you really want to get a quick and fast deal made.
This isn’t to say there isn’t some market out there for parts: you’ll just need to do most of the work on your own. That means getting into the vehicle, cleaning it out, and selling each individual piece to individual sellers on your own.
While you may get more money this way, most people find that the long process isn’t worth the extra cash. It’s better to just give the full scrap car away.
2. Prices Aren’t Set
Another common misconception that first-time car-sellers seem to have is that price offered for a certain kind of vehicle or piece is more or less set. This couldn’t be further from the truth. If you’re hoping to sell a used car, it’s important to dispose of this notion.
Just like the housing market or any other sort of large and competitive arena, prices can fluctuate wildly depending on a variety of factors. The price of scrap metal can rise and fall on a monthly basis and can vary wildly from year to year.
It isn’t just time that can present a possible factor but also location. Junk and salvage yards across the country have very different sets or priorities and desires. One might desperately want a certain sort of vehicle and will pay big bucks for it, while another might not even be interested in taking it for free.
It all depends on where you look and who you talk to. This is one of the reasons it can be well worth it to look into salvage yards that aren’t in your immediate area. Yes, you will have to figure out your transportation, but it can be worth it if the deal is right.
3. Understand The Law
State and federal laws seem to govern just about any action, and the sale of junk and scrap cars is certainly no different. If you’ve found yourself a perfect buyer for your junk car, you’re likely over the moon with excitement.
However, if you don’t conduct the sale by the books, you run the risk of the deal falling apart altogether. That means you need to have all the proper paperwork organized and in hand when someone comes to tow that junk car away.
You will need to have proof of ownership in some form and your car title. If you can’t find your car title (many people don’t keep it with them) you can contact your state department to get a new one sent to you. This can take some processing time, however, so it’s important that you look to get the paperwork together far before you expect a sale to occur.
There are a few states where having this paperwork isn’t necessary if the car is of a certain age. It’s best to look into the local laws in your area before starting the scrap car selling process. Failure to comply with the laws could leave you with no money and the junk car still sitting in your yard, taking up all that space.
How To Scrap A Car For the Most Money
If you’re looking to get rid of a junk automobile, you’ll want to know how to scrap a car for the most money possible. Making a good deal can be the best part of getting rid of an old automobile. The above information can help.
Need more assistance with your automobile? Keep scrolling our blog for more advice and information.