What to Do With an Old or Wrecked Car

Let me assume that you are reading this article because you have old clunker taking up your backyard space (mostly due to a mechanical issue); or you need to get rid of the vehicle damaged in an accident. The junk just sitting around your garage or driveway has value. The damaged car may have been considered as a total loss with a diminished value, but the good news is that there is still value in the parts that are still intact. Consider the information that I am about to tell you.

It makes sense to get rid of possession that generates liabilities other than assets. When the cost of salvaging or repairing is too high, then you can declare your vehicle eligible for a junk car removal. Before you sell your vehicle or take it to a junk or scrap yard, you should assess the functional condition of your vehicle through inspection.

For an old vehicle, you need to determine what is not functional and cannot be repaired. In the case of a damaged vehicle, you will be looking for decent parts that may still have value in the market. During the assessment, you should also consider the material used in making your vehicle; by doing so you will be on the upper hand of making a profitable negotiation. Take your car to the mechanic and know the state of the power train.

Now that you have resolved to sell your vehicle, to whom do you want to sell to? Before you make a random decision, you should consider doing a research on junk car removal companies in your neighborhood. Each company has its own requirements, but there are some which are common.

There are two options of selling an old clunker or damaged vehicle: you can dismantle your automobile and sell it in parts or tow the vehicle in its current state. It is more profitable selling a car for parts, but you must identify a well-paying individual market or a suitable buyer.   Some junk car companies may offer more money when you dismantle the vehicle on your own while some will assume the entire responsibility at a lower cost.

Some of the requirements include a proof of ownership unless you are dealing with back market services. You are, therefore, requested to consult your local DMV, who will list your vehicle information in accordance with its operational state. They will provide you with appropriate paperwork that includes a Damage Disclosure Statement.

Documents that might be required for listing include title and registration forms, inspection certificates, insurance company damage reports, vehicle identification number (VIN) confirmations, and photographs. You might have to relinquish your license plate. Some junk car removal company may need these documents if they have plans of salvaging your old clunker.

Some companies may ask for the National Dealers Association value or the Blue Book value. You should also be prepared to give more information of how functional you vehicles is and the parts that are damaged- if it is possible you can use pictures or any other media that might help in describing your vehicle.

 Do not consult a company that pays without doing a proper assessment of your vehicle. You should go for a company that can offer to pay you cash on the spot. When shopping around take advantage of companies that can tow away your vehicle at no extra cost. In your negotiation about the price of the vehicle, use your assessment reports- be realistic and flexible. If you did your own disassembly of the damaged vehicle, maximize your profits by selling the remains (indecent parts) as scrap. The best way to sell your car fast is to get more information from friends, relatives and colleagues. Make it your priority to contact an established scrap car removal company that offers free towing service and pay you top dollars for the vehicle.

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