Neglected or ageing cars that require expensive repair work or just don’t work always have professionals from the car restoration and repair business on the look out for parts and restoration of old cars for re-sale. Car salvage companies purchase them and sell the functional parts where as junkyards scrap totally written off cars which are worthless.
Consider your inoperable car as a tax deduction item
In case you fail to find a buyer and the car is dead for parts also, consider giving it away to a non profit organization or your favorite charity and treat this good deed as a tax deduction matching the cars value!
Locate a good car salvage company
When you think how to sell my car – the first thing to do is look for a car salvage company that will give you some cash for your inoperable car. You can find them online or in the papers also. Or conversely you can locate an independent buyer in your area or outside by using internet resources. Once you locate an interested buyer, you have to consider the area he is located in as you may have to deliver the car to the buyer and factor in towing costs to the total worth you generate from the sale.
Do your homework for best results
Before you sell your car it’s a good idea to visit a car salvage auction and see the bidding and purchase value for various cars. Used car dealers are often the most common participants of such auctions as they are in the second hand car business and know what to look for in a used car. This will help you assess the worth of your car also.
Further to get a feel of what your car might fetch anywhere from $200 – $500 depending on the make and model and the special parts you may have installed while in your possession, you can check out the NADA directory which gives you a basic evaluation on what your car should be worth in the current market. On the other hand car salvage companies can give you online quotes regarding your car’s worth.
Sell parts instead of the whole car
You can sell the car as a whole or in parts. To find interested buyers, use the local paper, bulletin boards and online periodicals to advertise the goods. Do not attempt to dismantle the car yourself if you are not familiar with cars and the dynamics. It is best to get the assistance of a mechanic or better yet, let the buyer manage to disassemble the parts of his choice so as to curtail damage.
To fetch a great price consider advertising online or market your car and its parts on eBay. But make sure you are familiar with the functions and procedures of online auctions as you don’t want to end up paying for extras or lose a deal because you don’t know how the system works. A little effort will ensure you get the maximum dollar value for an item anyone might consider junk.