If you have an old junk car that is no longer running, or if you have an old car that runs but needs major repairs, there are options available to you to get rid of it and reap some of your investment. Most states have laws regarding old vehicles that are sitting idle on your property and will enforce the law when it comes to getting rid of it. You may be able to sell that junk car to someone who buys junk cars for cash.
Junk yards are huge buyers of non operational or just old junk cars. They will give you a fair price for it if you deal with someone who is reputable and has been in business for a long time. You get cash out of the deal and they get something they can use for spare parts or use the metal contained in it to re-purpose it. Either way it is a win-win situation.
First you will need a clean and clear title to the car that says you are the sole owner of the vehicle. Don't expect to get rich overnight however as most dealers will only give you a few hundred dollars for it. Cash is cash and you are getting something for nothing basically.
You can check the Kelly Blue Book price of your old car to see if you are getting what it is worth even if it no longer works. Also make sure that you own the title free and clear so you are able to sell it without a problem. If you do not have the title to the car get it because you will not be able to make the deal without it.
If you are looking to get rid of an unwanted vehicle, make sure that you take it to the dealer instead of having them come and get it, this will save you in the cost of towing fees and other applicable fees that are taken out of the money you would normally get for selling it. If the vehicle is in running condition you may get a little more for it.
Some dealers who buy these types of cars run advertisements in the local newspaper or phone book or may post fliers around town, look for them and call to see what they can do for you. You may be surprised at the deal you are offered by these types of companies and it is more money in the bank for you and less of a headache having to deal with a car you don't want anymore.
The laws are there to protect the buyer from getting something that is not worth the money they spent. Usually if the car is priced under $700 this will protect you and they buyer because the buyer will most likely use it for restoration or for parts. Let them know everything that is wrong with the car up front in order to protect yourself and put the transaction in writing.
You may have to look at the surrounding areas of your city if there are none in the immediate area. Just know that these types of businesses are plentiful. Before you choose one to work with do your homework and know what you will be getting in return.
Junk yards are huge buyers of non operational or just old junk cars. They will give you a fair price for it if you deal with someone who is reputable and has been in business for a long time. You get cash out of the deal and they get something they can use for spare parts or use the metal contained in it to re-purpose it. Either way it is a win-win situation.
First you will need a clean and clear title to the car that says you are the sole owner of the vehicle. Don't expect to get rich overnight however as most dealers will only give you a few hundred dollars for it. Cash is cash and you are getting something for nothing basically.
You can check the Kelly Blue Book price of your old car to see if you are getting what it is worth even if it no longer works. Also make sure that you own the title free and clear so you are able to sell it without a problem. If you do not have the title to the car get it because you will not be able to make the deal without it.
If you are looking to get rid of an unwanted vehicle, make sure that you take it to the dealer instead of having them come and get it, this will save you in the cost of towing fees and other applicable fees that are taken out of the money you would normally get for selling it. If the vehicle is in running condition you may get a little more for it.
Some dealers who buy these types of cars run advertisements in the local newspaper or phone book or may post fliers around town, look for them and call to see what they can do for you. You may be surprised at the deal you are offered by these types of companies and it is more money in the bank for you and less of a headache having to deal with a car you don't want anymore.
The laws are there to protect the buyer from getting something that is not worth the money they spent. Usually if the car is priced under $700 this will protect you and they buyer because the buyer will most likely use it for restoration or for parts. Let them know everything that is wrong with the car up front in order to protect yourself and put the transaction in writing.
You may have to look at the surrounding areas of your city if there are none in the immediate area. Just know that these types of businesses are plentiful. Before you choose one to work with do your homework and know what you will be getting in return.
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