When your car is too old or too damaged beyond repair, it is time to think about salvaging what’s left of its value. It won’t be difficult to find salvage services willing to take cars for cash money. You can easily find many of them online and there’s a possibility several of them are in your local area. Before you contact any salvage service and sell the car, it is much wiser to learn more about how you can maximize the amount of money you can get from the junk car you are about to sell. It makes sense because you deserve the maximum value of the vehicle even when it is already a junk one.
Here the steps you need to do to get maximum value from cars for cash:
1. Review the actual condition of the vehicle
Since you already ignore the junk vehicle for too long, you may not exactly remember the actual condition of the vehicle. Take time to review the condition of the vehicle to determine junk the car is. Take inventory of possible parts still in relatively good condition. It can be good condition wheels or tires, electronics, or anything else. This list will be proven useful as you can give complete information to salvage service and it will increase the amount of the offer.
2. Estimate the value of the vehicle
Of course, it is difficult to precisely estimate the value of the junk car. A helpful solution is using Kelley Blue Book for vehicle valuation to get a general picture of how much the vehicle worth. It is important to understand that you will likely get much less than what you estimate but at the least, you have a clear picture when considering offers from the junkyard or salvage service.
3. Remove Personal Belongings
Before you release the vehicle to cars for cash service, take time to check the vehicle and remove all personal belongings found there. Check the baggage area, inside the glove box, inside the bin, above the visors, or even under the floor mats. It is your responsibility to take out all personal items before transferring the vehicle. Being thorough also very useful since you may find lost or forgotten valuable items like old phone, small jewelry, or important paperwork like insurance card or others.
4. Manage the ownership transfer
As you sell the junk car to the car salvage service, you will also transfer the ownership of the car. The most important thing is locating and preparing the title of the car as proof of ownership. A valid title is legally required for ownership transfer of a vehicle. Don’t forget to return the license plate and cancel the insurance to follow up a transfer of ownership of the vehicle.
Selling junk car without transfer of ownership is possible but it’s not recommended. Without a transfer of ownership, the junk car is legally yours and that means you still retain the liability even after you sell the vehicle.
Once you completed all the steps above, you can start looking for auto salvage services or junkyards to get the offer. You will be surprised how those simple steps can make a significant difference to get a higher offer.