How to Make Money From Your Junk Cars

Disposing of your junk car can be a challenge. Perhaps it’s taking up garage space because the engine failed, or it was in an accident and now doesn’t look so good on the streets. Whatever the case, at some point a car will become a junker. A vehicle that can’t be driven safely – or one where repairs cost more than it’s worth –  is considered a junk unit. If you have this kind of scrap in your garage, you might be wondering how to dispose of it without wasting your effort.

Some owners consider car recycling for personal use, keeping their junkers to use for other projects. However, it may cost you money before you can get it running smoothly again. You need a mechanic for rebuilding and you need to have it tested first before you can have a rebuilt title so you can use it again. When your insurer denotes that your car is considered a total loss, it’s time to look for a junkyard to get the maximum amount of cash for junk cars.

 

Selling The Car Parts To Junkyards

If your car is not usable anymore, there are still parts of it that you can sell to people for lower prices. If you are a backyard car mechanic or have some knowledge of car parts, you can evaluate which parts can still be sold and used.

The most common parts that can be stripped off from your junk unit are fuel pumps, batteries, tires, rims, and alternators. They just need a little cleaning and repair if you want to sell them. Research for shops that buy used car parts and compare their offers to get a decent profit.

 

Recycle The Unusable Parts of The Car

Once you have already sold the parts that are still usable, you can sell the remaining parts as scrap. Some parts are made of aluminum and steel that junkyards give value to. These metals are melted down and turn them into recycled pieces. You will be paid by the junkyard depending on how much these metals weigh and how much the current going prices for scrap metals.

Before you sell them to a junkyard, remove everything that has value from your unit and be sure to file away the relevant documents of ownership and registration that you may need in the future. Research for junkyards that are licensed and follow local regulations about buying scraps.

 

Sell The Junk Cars As-Is

If you do not have any knowledge of identifying functional car parts, you can sell the whole car to junkyards. Some companies buy these cars for a good amount of cash, just research companies that can give you the best deals. You don’t need to have it fixed or hide the damages so you can sell it at a higher price. These repairs are not acknowledged by the junkyards. The dents and defects do not affect its overall value since these companies buy junk cars regardless of their condition.

Some auto-salvage yards and junkyards offer towing services once you have decided to sell the unit to them after their assessment. You make a few hundred dollars for the unit you sell depending on the model and make.

 

Tips When Selling Your Vehicle to a Junkyard

Always make sure that your transactions are legitimate. Complete all transactions with necessary papers to avoid problems with paperwork in the future. Only do business with reputable companies so as to save time and get paid the appropriate amount. Some auto-salvage companies offer a low amount of cash even if the car is in good condition.

Read the company’s previous customers’ reviews to have an idea of how they buy cars and the range of prices they can give. The most important services that you need to look for are towing and estimates. You should be able to arrange an appointment for them to come and retrieve your vehicle and complete the transaction.

Request a quote and don’t forget to shop around if some other expenses and responsibilities come with the offer. Be sure to ask the junkyard if you need to remove the non-metal parts or they will do it for you. If you need to do this before they take the junk and fail to, you might end up paying an extra charge.

 

Get Cash for Junk Cars

Before your vehicle is towed, remove any installations that you have made so you can sell them separately. Make sure there are no valuable items left inside and have the plate removed so you can report the vehicle as scrap. And then all that’s left is to collect your cash!