3 Ways To Get Rid Of Your Old Clunker
If it's time to get rid of your old clunker, you might be considering heading to a junk yard. Before you do, remember that there are several different ways to make money off your car so you're not left with nothing to show for it.
There are three options you have to choose from: Sell the car as it is in whatever condition it's in, give it away to someone who can repair or use it in the short-term, or scrap it and part it out to sell individual parts. Here are a few things to do before you decide.
Price It Out: The first thing you'll want to do is determine the general selling price of the car if you intend to sell it; sites like Edmunds.com or KBB.com both have ways for you to look up your car's make and model to find its value. If the car is still worth a decent amount of money, you can consider selling it online or in town. You can sell to companies that buy old cars, but you'll likely receive less than if you sell it privately.
Look Up the Scrap Value: If you're not interested in selling the car, you can look up the scrap value. The scrap value typically considers how much metal weight is in the vehicle, and you're paid for that. Average scrap car values range from $150 to $300. You can negotiate this rate more if you sell your car as a salvage, because the parts inside are worth more to salvage yards than the metal would be on its own. If your vehicle is still driveable, you should receive more. Junkyards and salvage yards may sell it at an auction, so you should receive a higher price since they will, too.
Give It Away: If at the end of the day you're considering selling or scrapping your vehicle but don't want to put in the effort, you could give the car away. There are charities that pick up old cars and repair them for families, for one example. You can also give the vehicle away to a mechanic friend or even a school that teaches mechanical maintenance; in each case, the car is more helpful to these businesses than to you, and there's no muss or fuss about selling it.
These are a few ideas of what to do with your old car. Whether you choose to sell or donate, your car will find a new home. For more information and options, contact car buying companies like U Pull & Pay.