You might assume that your wrecked car is worthless, but that’s not necessarily true. In fact, there are people who make money from old vehicles and totaled cars all of the time. If you have a damaged car on your hands, chances are you want to get rid of it quickly.
In this guide, we’ll explain more about how you can sell your wrecked car and do it quickly. Check out these tips below.
Reach Out to Your Insurance Company
Believe it or not, your insurance company is one of the best avenues for getting your wrecked car off of your hands. But before you agree to the settlement amount that they offer you, do a little research. Most of the time, their goal is to buy it at a cheap price and resell it for profit.
The problem is that most people are uneducated in this area and believe that their car is completely worthless after it’s been totaled. But the truth is, a totaled car is just too expensive for the insurance to repair. But that doesn’t mean that it can’t be fixed up and resold.
Don’t be afraid to barter with your insurance company. After all, they may be the best buyer for your wrecked car.
Sell it to a Car Auction
You may not know this, but auctions accept wrecked cars. There are auctions out there that specialize in selling totaled vehicles. Usually, salvage yards will go to these auctions to try to get car parts or the entire car .
There are also people who enjoy finding rare, antique vehicles at very low prices. In order to get their hands on them, they may be willing to buy the car “as is”.
Not to mention, when a car is in a wreck, it doesn’t always suffer a lot of damage. So a buyer might be interested in purchasing the vehicle even if there’s a dent in it. For further information look at this website
Reach Out to Junk Car Buyers
Junk car buyers are a great way to get rid of your car quickly and easily. Plus, they’re a better alternative than the auction because normally junk car buyers come to pick the car up. If you were to take it to an auction, you would be responsible for towing it—which could be quite costly.
Just remember that people interested in buying totaled cars want to make a profit from them. Their goal is to buy the car for really cheap, and then resell it for a higher amount. Just know that they’ll haggle you for the lowest price possible.
If you’re ready to get rid of your wrecked car, check out the highlighted link to learn how to sell it to a cash car buyer.
Give the Car Away
If you really don’t want to deal with your wrecked car, you could always give it away. There are many charities that receive cars as donations. This is a great way to do a good deed for someone who could benefit from having your car—even if it’s wrecked.
Obviously, you’d want to make sure that there isn’t too much damage under the hood or to the exterior of your car. But if you were in a fender bender and there’s mild damage to the vehicle, there is someone out there who would be happy to drive your car.
Not to mention, there is a pretty nice tax write-off that you can get for making charitable donations.
Sell the Car Parts
Even if your car got really banged up during a wreck, there are still some valuable parts inside of it. There are purchasers out there who buy car parts from totaled cars and old vehicles. Your car battery, for instance, is a great car part sell.
Even if the body of your vehicle is damaged, chances are the battery is still intact. Therefore, it could always be used in someone else’s vehicle.
In addition to that, alternators sell for a good amount as well. They contain copper, so purchasers are willing to buy alternators in order to have access to the copper.
If you have a sound system or rims on your wrecked car, take them off! A nice pair of rims could get you a decent amount of money, especially if they’re still in good condition. Rim retailers often buy used rims and resell them to buyers interested in purchasing presold rims.
The same goes for your sound system. Once you remove it, you could always sell it to an individual or a company that’s interested in reinstalling it into another vehicle.
Sell it to a Scrap Yard
If your car is severely damaged or you’ve removed the majority of the parts from it, you can still sell the rest to a scrap metal recycler. These buyers are interested in old cars because there’s money that they can get from the metal and other scraps. This is one of the fastest ways to get rid of a wrecked car.
Make Money from Your Wrecked Car
Before you give up on your wrecked car, try the suggestions above. You’d be surprised at how a totaled vehicle could turn into money for you. Even when you can’t drive your car anymore, there’s still valuable parts on it and numerous buyers interested in junk cars. Click for info
So, which one of these options seems right for you?
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