Buying and selling a wrecked car: is it possible?

Do you own a car that is old , damaged , or in need of major repairs ? Perhaps you are even considering selling it to raise some money to finance the purchase of a new vehicle?
In this article, we'll give you the right information on how to get the best possible value for your junk car! Rest assured, even the most damaged car has value, right?

Is it the right time to scrap your car?

Some signs are unmistakable: the first is certainly age. If the car is more than 20 years old, scrapping may well be the only solution, but there are newer cars that are not necessarily repairable. As for the damage that can be seen, if the car is missing certain fundamental parts (such as the engine or gearbox), or if it is severely damaged, it could be destined for the scrapyard. Finally, if you feel that your vehicle has very little current value, or that it is occupying a space in a state of total disrepair, then scrapping may be an option.

Is it worth keeping an old car?

To find out if the sad time of scrapping has really arrived, ask yourself a few simple questions. Am I still using my car, or does it sit unused most of the time? Is it still safe to drive? Is it over 20 years old, or does it have excessive mileage? If there are technical problems, is it worth repairing?
Generally, there is no set date for scrapping your car . As stated above, even a new car that has been in an accident or the effects of a disastrous natural event can be scrapped.

Can I make money selling a junk car?
Selling your junk car isn't very difficult, but you'll need to do some research online to find the best solution.

First, you need to find a junk car buyer. A quick search on a search engine like " Sell your car " or " Sell your junk car " will reveal junk car buyers or wreckers willing to provide a quote for the purchase. To save time, provide complete information about your vehicle, including the make, model, and age of the car, the vehicle's overall condition, and any damage it has sustained. These buyers typically offer to tow the vehicle for free , which allows them to offer you a low price. Pay attention to their license: Make sure you contact wreckers who have a valid license.

Once you've chosen a junkyard or scrap metal dealer, check customer reviews. If they have a website or social media page, they're probably qualified; otherwise, forget it. Once you've obtained all the quotes and checked whether the towing of your vehicle is free, you can properly evaluate the offer.

Let's scrap the car

First, collect all your belongings from the wrecked car; valuables or important documents may be hidden.
Keep vehicle parts that may have future value, or that can be sold separately as replacement parts for other similar vehicles.
Keep your vehicle documents : The title is proof of ownership of the vehicle; if you don't have it, you can request it. It's helpful to put the title in your name and avoid getting involved in unpleasant investigations in case the car was stolen before being crushed in a junkyard. However, there are junkyards that buy wrecked cars even without a title.
Remove the license plates: You are required by law to remove the plates from your wrecked vehicle, and the DMV will ask you to bring them in.
If it is still valid, cancel your car insurance and see if you are entitled to a refund for the insurance you prepaid.
Negotiate the best price among the purchase offers you receive for scrapping your vehicle. In this case, ask your trusted mechanic for help to determine the value of the car to be scrapped.
Always evaluate the cost of towing: if the car starts and can be driven, this cost is unnecessary.
In some cases, the junkyard will only be interested in the metal parts of the vehicle, and you will then have to remove the plastic parts, fluids, and seats. In this case, the junkyard will weigh the vehicle (make sure they use a certified scale) and offer you a certain price per ton of metal.
Instead of selling it, it is always possible to donate it to charitable organizations (who can always resell it) in order to benefit from a tax advantage for charitable donations.