7 Things to Do With Your Junk Car

If you think your junk car is worthless…think again. While you may be ready to throw in the towel over your outdated vehicle, don’t be so quick to do so. Did you know there are ways for you to make money from your junk car?

In fact, there are several avenues that you can take to get as much cash out of your vehicle as possible. Do you want to learn how? Well, take a look at the suggestions below.

1. Trade it In

If your ride is outdated, that doesn’t mean it isn’t valuable. If your car is still running, try trading it into a dealership. They’ll do an appraisal on it to see if it’s a vehicle that they want to buy. 

The ultimate goal is to resell your vehicle as a used car. The dealership will either say yes or no, but it’s worth a shot.

2. Sell it Yourself

If you take your car to a dealership and they don’t want it, sell it yourself. There are tons of online websites that allow you to post vehicles for sale. What you consider a junk car could be a prize to someone else.

Don’t be afraid to advertise it and see if you can get another person to take it off of your hands. Be sure to have your paperwork ready—like the title—so selling the car can be a smooth transaction.

3. Flip It

If you have an old car, the average driver may not be interested in it. However, there are people who take a special interest in junk cars. You can either keep the car and remodel it yourself or sell it to a flip junker.

Flip junkers buy vehicles at very low prices, fix them up, and resell them at a higher price. They have the skills to fix car problems and renovate vehicles to make them look like new.

This is also true for individuals who love old cars. They’ll fix up outdated cars and drive them as antiques.

4. Donate the Car

There are organizations out there that accept cars as donations. You can give it to a non-profit or church that’ll give the vehicle to a person in need. This is a good way to give back and help someone without focusing on getting money in return.

But even if you don’t make any money from a donated car, you can always write it off on your taxes for a credit.

5. Sell the Car Parts

If no one is taking a special interest in your car, you can always sell junk car parts. There are parts of vehicles that are  quite valuable. For example, you can remove the sound system and wheels and sell them.

Here are some of the most lucrative car parts to sell:

Car Batteries

Car batteries are a gold mine. They’re a significant component of the car, and they make great assets. But even if your vehicle is considered junk, sometimes there’s still a well-working battery in it that can be sold to someone else.

Starters and Alternators

Starters and alternators are comprised of lots of copper. Therefore, they’re quite lucrative. You can sell these parts for a decent amount of money.

Rims

Do you have fancy rims on your car? If you do, take them off! There are rim retailers who are willing to buy them from you and resell them. This is especially true if the rims are still in good condition.

Catalytic Converters

Catalytic converters are cash cows in the junk car market. They include valuable metals that are an interest to those who invest in car parts. You could potentially get up to $200 or more for your catalytic converter.

6. Put the Car in an Auction

Auctions are another common car-selling avenue. In an auction, sellers bid on the vehicles that they want, and the car goes to the highest bidder.

However, there are rules and regulations to selling a car to an auction. So, do some research beforehand.

7. Sell the Car as Scrap

Believe it or not, a scrap car is still a valuable car. There are salvage yards that buy old clunkers in order to sell the scrap metal from  them. This is one of the easiest options when you want to get a junk car off of your hand.

Just know that selling your car to a junk yard may or may not result in a lot of money. Call around to the salvage yards in your area to see who provides the best offers. Also, make sure that the company that you choose is willing to pick up your vehicle free of charge if it’s no longer drivable.

Sometimes it’s more expensive to tow a car to a salvage yard, and it costs more money than the amount that the junk yard gives you. Therefore, you won’t make a profit. Be sure to weigh your options when selling to a salvage yard.

Visit https://www.cashcarsbuyer.com/junk-car-removal/ to find junk car removal services.

Make Money from Your Junk Car

As you can see from the information above, there are several ways to make money from your junk car. Your vehicle may not run or look the way that it used to, but there’s still some very valuable parts on it. Not to mention, there are people out there who would love to take your old car off of your hands if you don’t want it.

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