Learn What Should You Do to Sell a Car for Salvage?

Unwanted or junked cars initially tend to be a source of problems. From being an eyesore, an environmental problem to a legal issue, there is potential money in the disposal of said vehicle. To learn what you should do to sell a car for salvage is a quick way to solve any of those problems.

Potential treasure
There have been many documented discoveries of valuables hidden away in or as what others may term junk so it is best to start by investigating the car itself. No one wants to give away a classic that may be worth way more than what it was sold for. Even if the vehicle may not be important to the owner, there may be persons or clubs to whom it might.

Make sure you own it
After determining the relative value of the car, confirm that all the paperwork is current and correct. Check to make sure the title reflects the ownership and conforms to the specifications of the vehicle itself, such as make, model, year, and VIN numbers. The reasons for this are to avoid any legal issues relating to the sale later and for tax time recordkeeping.

Clean it up
Before you start looking for buyers, go through the vehicle for any important or valuable personal items. A key element is whether the car is running or not. This can help to determine if it’s worth the effort to go further in the cleaning process. A good general wash can either hurt or increase the salvage value, however, most recyclers shouldn’t care as it just depends on what they’re planning to do with the vehicle. A general scrapper will simply rip everything out to be crushed. Some yards look at the car on a part-by-part basis where the quality of individual elements such as the engine, is important. Those with an eco-friendly vibe may want to remove fluids such as oil, coolant and gasoline as well.

Shop around
If the car is running it may be cost-effective to drive it around to local recyclers to gauge the general selling price. If it is unable to be driven, many scrap yards offer towing services and are willing to visit the location of the vehicle and perform an inspection there. Calling around and giving recyclers a general idea of the vehicle works just as well since most of them have preset prices based on a per-pound scale. An extra tip is to try and locate salvage yards that specialize in that particular brand or model. If all else fails then there’s the internet.

Sold
If the transaction is being completed by check, make sure to get all the information of the buyer. If by cash, count it in plain view to ensure it’s the agreed amount. Should the car be sold to a charity, use the check or receipt to look into tax credits?