The model or make of your car is the most important factor in selling your car. High profile cars may not be popular with ‘We Buy Cars’ merchants. These traders, whether they advertise in your local daily newspaper or on the internet, are more interested in low profile cars. These platforms should be the last place you go to get some cash for your car. Some of these cars are in such bad shape that they can only be dismantled and sold in pieces. The buyers who advertise their services using ‘We Buy Cars’ adverts are not the best to use when you want to sell your car. If you think your car can fetch a fairly good price in the market, do not use these services. On the other hand, if your car is old and would cost you a lot to repair, you can use their services.
You can take help from various vehicle valuation guides in order to determine the value of your car. The NADA Guide and the Kelley Blue Book provide excellent guidance on how to judge the worth of your car in its current condition. The guide factors in the year of the make as well as the manufacturer and the condition of the car in order to determine its value. This gives you a relative estimate of what your car is worth.
Other unfortunate incidents like an accident may render a car completely useless. Sometimes a car can be damaged in an accident beyond repair. The thing to do then is to get in touch with the insurance company of the car and get as much cash as possible and then get the car repaired. That is a very strenuous process and technical glitches will appear from time to time. The best thing to do with a car which gets heavily damaged in an accident is to sell it off in a junkyard. The seller can get a desirable amount of water running cars and can get a brand new one. The buyer also sells the parts of the damaged car to his profit.
There where many people who tried to offer me well below book value when I tried to sell my used car. This will happen so you might as well accept it. Just because someone can talk a good talk, does not mean that your car is automatically worth whatever they think it is.
Junk car removal companies want your car for a variety of reasons. Usually it’s for spare parts or scrap metals. They gut out the car to the bare bones and resell the parts as spares. Used parts are preferred by enthusiasts and motorists because they are a lot cheaper. Once all valuable parts have been removed from the vehicle, the shell of the car is shredded and sold as scrap metal.
There is always the option of selling used cars privately. The problem with this sell car option though is that most of us don’t have the time or energy for it. The fact that there are so many companies willing to give cash for cars means there is less need to do things privately. It is probably best to get somebody else to worry about how to sell my car.
Businesses offering cash for cars operate in almost every major city in the US. They are especially numerous in port cities because they have access to local shipping yards that go all over the world.
If you decide on taking the most general route with the “for sale” sign in your car, some establishments will even let you use their parking lot so you can advertise. All you have to do is just simply post the asking price, mileage, year, and contact information, and just wait around for some calls. People who frequently pass by the establishment will see it all day every day, and soon or than later, someone will inquire. One major drawback for this method is the fact that there is no security on your vehicle. This means that it holds the risk for anything, whether it is robbery, or even destruction to the vehicle. So before you decide on taking this route, make sure you are aware of these risks.