Fortunately, it’s totally possible to get paid for a damaged, run-down vehicle. You can choose the traditional route of selling it to a junkyard or dealership or go for modern methods. Either way, there is a buyer out there for your junk vehicle.
Keep reading below to find out how you can sell your junk car, how much you could potentially earn, and discover an easier way to complete the whole process.
How Much Can I Get for My Junk Car?
If you’ve ever tried to sell a car, you’ll know that potential buyers will offer various amounts for your vehicle. Although your car will have a certain value based on its year, make, and model, not everyone agrees that it’s actually worth that amount.
Factors like the condition, damages, outdated electronics, or missing parts will reduce the value of your vehicle, even if it is a new car. In addition, the more damage your car has, the lower its value will be.
Those are just the basics to consider when you’re thinking about how much you could get for your junk car if you sell it. You must also be aware that different buyers will place different values onto your vehicle or will use different criteria to evaluate it.
For instance, a private buyer might consider the Kelley Blue Book value of your car but then reduce it by a random amount depending on the damage. If you’re lucky, you could find a private buyer who will overestimate the value of your car. However, you shouldn’t hold your breath.
Conversely, a junkyard will use a specific method for determining the value of your car. In most cases, they will weigh your automobile to come up with an estimate. The weight of your car in tons will be combined with the current demand for metal. That will result in your final estimate. While this makes the offer more predictable, it leaves so many factors that could increase the price of your car.
Who Buys Junk Cars?
Although you might not be a junk car buyer, there are many people and businesses that are.
Junk and salvage yards are the most common junk car buyers. They are not very picky when it comes to purchasing dilapidated, totaled, and damaged objects. They will either resell the usable components or crush and recycle the whole unit. To them, junk cars can be big money-makers.
Another potential buyer is a car dealership. While you might not see any totaled vehicles being sold at used car dealerships, you can still bet they have been purchased and spruced up. However, the dealer will likely offer an extremely low price for your car.
You can also look to the internet to find a buyer. There are tons of car enthusiasts and hobbyists who enjoy purchasing broken cars and fixing them up whether they’re running or not. You are likely to find several potential buyers. However, you will likely need to meet up, haggle, and tow your car around many times before finding the right buyer.
Do I Need To Repair My Junk Car Before Selling?
Many people assume that they need to fix up their damaged car before trying to sell it. While doing so might make it easier to get your car sold, it will likely hurt you financially.
That is because costly repairs usually don’t provide an equivalent return when it comes to value. As an example, replacing an engine can cost anywhere between $3,000 and $10,000 depending on the car, cost of labor, and whether the engine is brand new or rebuilt.
With this new engine, your run-down car will be running again making it more desirable for buyers. However, this new engine will not increase the value of your car by thousands of dollars. At the most, it will bring the worth of your car closer to its KBB value. As a result, you’ll still be in the negative even if you sell the car.
However, smaller repairs may be worth it depending on your financial situation. For instance, fixing small scratches or dents can make a huge difference in appearance without burning a huge hole in your pocket.
WeBuyTotaledCars.com Will Buy Your Junk Car
There’s a better way to get rid of your totaled vehicle and make money off it. The answer is WeBuyTotaledCars.com. Unlike junkyards, dealerships, or private buyers, we offer guaranteed, fair-market quotes that are hard to beat.
We are able to do this through our unique pricing calculator that analyzes dozens of data points outside of the typical make, model, and year factors. We also consider the current demand for your vehicle as well as any premium features that you might have.
Not only will we give you a great quote for your junk car, but we will pick it up as well at no cost to you. After accepting our offer, you can schedule for your vehicle to be towed away in 24 to 48 hours. The driver will deliver your check and all you need to do is pass over your keys and title.
Our process is simple, easy, and fast. You can do it all from the comfort of your home. Find out how much your junk car is worth today!
Where Can I Sell My Junk Car Near Me?
Depending on the area you live in, you may have numerous options for selling your junk car. In many cities, you can find junk or salvage yards to sell your damaged or non-running vehicle to. If there aren’t any in your town, you can usually find one in larger cities nearby.
On the other hand, one or more of your neighbors, friends, or family members may be interested in your junk vehicle. It’s important to not write anyone off when looking for a buyer because you never know who will be interested, even in a junk vehicle.
However, if you don’t have much luck finding a local buyer, you can sell to We Buy Totaled Cars. We purchase wrecked, junk, and damaged cars all over the notion. The best part is that we will come to you to pick it up. So, all you have to do is accept our offer, hand over the title and keys, and collect your check.
What Are Junk Car Prices Near Me?
Junk car prices can be highly variable. Offers and estimates can depend on the buyer’s preferences and priorities and local demand as well as your car’s make, model, and year. Also, different buyers will evaluate the condition of your car differently. So, you’ll have to get several estimates to get an idea of what you can sell your car for.
There is another way: WeBuyTotaledCars.com. With us, you’ll be able to get an exact and fair quote in less than two minutes. Better yet, you won’t need to drive around town because our process is completely online. Get your free and guaranteed quote today!
How Much Is My Junk Car Worth?
If your car is in a drastically different condition than when you first purchased it, it will be difficult to determine its value. Websites like Kelley Blue Book can be a good starting point. However, you will get an estimate that is higher than your vehicle’s actual value. That’s because KBB doesn’t factor in the damages that your car has sustained, especially if it is totaled.
Fortunately, you can get a fair and accurate quote for the value of your car from We Buy Totaled Cars. We specialize in evaluating and buying junk cars, so our pricing calculator will factor in data that other systems don’t. As a result, you’ll find out the exact value of your car in its current state and in the current market.
It’s a Quick and Easy Process
Vehicle Details
Answer a few quick questions and provide a picture if you can.
Offer
In less than two minutes, you’ll have a guaranteed offer.
Accept
Accept the offer if you’re happy with it.
Get Paid
Within 24-48 hours, we will tow your car for FREE and pay you on the spot!
