You have been wondering what to do with your old car not that is not worthy of repair when you suddenly see an ad on the paper, We Buy Cars. Yes, there are many companies now that buy old cars, even junk cars. They are usually auto salvage dealers or junk yard operators that buy old cars to harvest parts that they can still sell for a small profit.
Selling to auto salvage dealers or to your local junkyard can be viable for you as it will rid you of your clunker and give you some quick cash as well. The amount of money you will get from your clunker will depend on the model, make and condition of the car. But, whatever the model and condition of your car is, you may want to follow these simple guidelines so as to maximize your profit.
1. Call your local junkyards and ask if they would be interested to buy your car. You can look their numbers up in your local phone book. You can also search online. Explain the condition of your vehicle and answer their questions as accurately as you can.
2. Allow the auto salvage dealer to inspect your car at least once before they give you an offer. This will save you some last-minute negotiations once you transport it to the junkyard. You can negotiate for the price and tell the dealer that you will make a decision later.
3. Compare the offers that you have received. Then select the one that will give you the best profit. Be sure to get not less than three different offers to ensure that you have gotten the best possible offer for your car.
4. Decide on how you will bring the vehicle to the yard. If your car is still a little roadworthy, then you can simple drive it to the junkyard. But, if it needs to be towed then you will have to factor that in the cost. This could mean that you will need to contact the dealers closest to your home. You can also ask the dealer if they would be willing to pick it up for you. See which one is more viable for you, hiring a tow truck or getting the dealer to pick it up. Note however, that dealers will give a lower price if they will be the one to pick up your car.
5. Check to see if all your belongings have been removed from the automobile before transporting it to the yard. You don?t want to feel frustrated when you discover later on that you have left your favorite baseball cap or valued souvenirs inside the glove compartment.
6. Once you have agreed on the price and the manner of transporting the car, you can sign over the title of the vehicle to the dealer. You will then receive your payment. The payment is usually in cash or business check. If you prefer cash, be sure to make it clear during the negotiations.
7. A week after the sale, call the Department of Motor Vehicle in your state to make sure that the title had been transferred properly. This is important as it will clear you from any possible liability in the future.
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