It used to be funny when driving around in college in your old beat-up car; you know, the one with the floor board you could see through. But, one wife and two kids later, that old clunker is just taking up space in your driveway or garage.
In other words, it’s time to turn that junk into cash. Don’t think you can get more than a six-pack for it? You might be surprised. Here’s your no-nonsense guide to getting the best deal.
1.Know Your Car’s Worth
The first step: Know what you’re working with. Is the car barely running? Or is it more like a giant rust-covered paperweight? Obviously, the condition plays a big role determining its value. Check online resources, your local auto shop or even with a local junkyard.
2. Get Your Paperwork in Order
If you think it’s time to
sell my junk car in Sun Prairie, WI, then this is a step you should start on early. You can’t sell even a junker without it. That means tracking down the title. Can’t find it? Get a duplicate from your local DMV. Potential buyers need to know you legally own the car, regardless of its condition.
3. Shop Around for the Best Deal
Avoid temptation of going with your first offer. Call around. Some junkyards, dealerships or car removal services might offer more based on the make, model, or specific parts of your car.
4. Consider Selling Parts Individually
If your car or truck is in really bad shape, then it might make more sense to sell the parts individually. You never know what parts are in high demand! Sure, it’s more work – but it could mean more cash!
5. Be Honest About the Condition
As the saying goes, honesty is the best policy. Be upfront about the condition of it. Disclose any and all known issues. This will help you avoid potential future disputes.
6. Understand the Towing Situation
Some junk buyers offer free towing, some don’t. Find out ahead of time. Remember, paying for towing could cut into your profits.
7. Beware of Scams
Even the junk car market can’t escape potential scams. Beware of any buyer who refuses to meet in person or offers to pay with anything other than cash or a verifiable check. If it doesn’t feel right, don’t sell.
8. Complete the Sale Properly
Don’t forget to sign over the title and provide a bill of sale. And make sure to keep copies of all paperwork.
9. Don’t Forget to Cancel Your Insurance and Return License Plates
If you don’t, you could be on the hook for anything that happens after you sell it.
10. Enjoy Your Extra Cash
Congratulations! You’ve turned your junk car into cash. Whether it’s going toward a new ride, a vacation, or just padding your savings, you’ve successfully navigated the world of junk car sales.