If you have a junk car taking up space in your driveway, why not remove the eyesore and get paid to do it? If you offer the vehicle to a junkyard that pays cash for junk cars, this is exactly what you can do.
Junkyards are well-known for selling pre-owned auto parts at phenomenal discounts, but not as much is known about the junkyard car buying process. If you would like to know more about the process before you sell your junker, the answers below should be helpful.
How will the business assess the value of my vehicle?
The value of your vehicle is likely to be assessed based on several factors, particularly: make and model, age, condition, and how much the buyer currently needs the automobile in stock. If you plan to sell a used vehicle that still operates, the mileage of the car will also be considered.
Do I need to prove that I own the vehicle in order to sell it?
Professionally operated junkyards require you to prove that you own an automobile before they offer to purchase it. Ownership can proved using any of the following documents: title of ownership, auction sales receipt, mechanic’s lien, storage lot lien, or repossession affidavit.
Can I sell an operable vehicle that has a salvage title?
Junkyards buy used vehicles that still run, but many aren’t interested in purchasing a vehicle that comes with a salvage title. A salvage title is a type of vehicle title branding that indicates that an automobile has been seriously damaged or deemed a total loss by an auto insurance company. Consequently, reselling the vehicle can present an ethical dilemma for the seller.
Can I sell a vehicle that has achieved legal lemon status?
Because “lemon” vehicles typically have one persistent mechanical problem that could not be fixed in a certain number of tries within a certain range of mileage (the mileage is usually rather low), they commonly contain plenty of relatively new parts that function perfectly. Consequently, junkyards are often interested in purchasing lemon cars for junk vehicle prices.
Can I have the vehicle towed from my property free of charge?
Junkyards that offer cash for junk cars commonly provide free towing services to customers. In addition to serving as an incentive for people to sell their junk cars, receiving free towing allows the customer to keep all the money from the sale instead of spending much of it on towing.
Is it common for the buyer to price haggle with the seller?
In most cases, a junkyard refrains from price haggling with sellers of junk vehicles for two reasons: it can take away from business once word gets out that the buyer engages in haggling, and there is not much room to price haggle in the first place, considering that the average junk vehicle typically sells for hundreds of dollars and not thousands of dollars, as a new car would.
Can I donate my vehicle instead of selling it for cash?
Many junkyards accept donated vehicles in addition to ones that are purchased, particularly junkyards that participate in the auto recycling process. Donating your car may not put money in your pocket immediately. However, you may be able to list the donation as a tax deduction.
If you have a junker that you would like to sell or donate, Wrench-A-Part would love to hear from you. We always need additional automobiles in stock and offer some of the best prices in the industry for junk cars and used vehicles that still run. To learn more about our cash for junk cars services or vehicle donation program, contact our location in Austin, Belton, or Lubbock today.