Selling an old, unwanted car can seem like a daunting task. Maybe your car doesn’t run anymore, or maybe it’s so old and beat up that you don’t think anyone would want to buy it. But believe it or not, there is a demand for junk and used cars, even if they don’t work. In this guide, we’ll cover who buys junk cars, how to get top dollar for your unwanted vehicle, and tips for preparing it for sale.
Why Sell Your Junk Car?
Before we get into who buys junk cars, let’s first go over some of the benefits of selling your unwanted vehicle:
- Make money. Even old, non-working cars have value. Junkyards and other buyers will pay cash for your car based on its make, model, and condition.
- Free up space. That old car taking up room in your driveway or yard could be gone with one sale. Getting rid of it frees up valuable space.
- Avoid storage fees. If you store your unused car elsewhere, you could be racking up monthly storage rental fees. Selling it can help avoid these unnecessary costs.
- Remove a headache. For a car that doesn’t run or needs major repairs, selling it can remove a frustrating headache from your life.
- Help the environment. Junkyards and auto recyclers dispose of old cars responsibly. Parts get recycled or reused. Hazardous fluids are also disposed of properly.
Who Buys Junk Cars?
Now that you know why it makes sense to sell your junk car, who is actually willing to buy it? Here are some of the most common junk car buyers:
Junkyards and Scrap Yards
Junkyards and scrap yards are in the business of recycling old cars and salvaging usable parts. They will buy any car, regardless of its condition. Prices usually range from $100 to $500 depending on the vehicle’s make, model, and condition. Many will even tow the car for free and handle all paperwork. Look for local junkyards in your area to get quotes.
Auto Recyclers and Dismantlers
Like junkyards, auto recyclers and dismantlers buy all types of cars to resell usable parts. Many focus specifically on certain makes and models. They typically pay a bit more than junkyards if the car’s parts hold value. Auto recyclers will tow the car and handle paperwork. Search for ones nearby to learn more.
Charities
Believe it or not, some charities accept junk car donations. Cars for charity programs help fund good causes while responsibly disposing of old vehicles. Plus, you can get a tax write-off. Learn about car donation programs like Kars4Kids and Wheels for Wishes to see if your car qualifies.
Online Used Car Buyers
In the digital age, online used car buyers are making it easier than ever to sell any car. Companies like CashForCars, Peddle, and CarBrain buy junk cars while providing quick quotes, easy tech-driven sales, and free towing. This convenient option is revolutionizing the old junk car business.
Individual Car Collectors
Car collectors are often on the hunt for clunkers and projects cars, even if they don’t run. Post your junk car on Craigslist, Facebook Marketplace or forums like Bringatrailer.com to connect with enthusiasts willing to buy. Be upfront about the car’s condition in your ad.
Tips for Getting Top Dollar for Your Car
The amount of money you can get for your junk car depends on several factors, including condition, make, model, mileage, and more. Use these tips to command top dollar when selling your unwanted vehicle:
- Shop around for quotes. Getting quotes from multiple junkyards, recyclers, charities, and buyers ensures you get the best payout.
- Provide detailed information. Disclose everything, including make, model, mileage, condition, and maintenance records. This helps buyers assess value.
- Clean your car interior. Even junk cars bring better prices with clean interiors. Remove trash and personal items. Vacuum and wash surfaces.
- Prepare the paperwork. Have your car title, registration, and other paperwork ready. This makes the sale faster and easier for buyers.
- Time it right. Prices tend to peak leading up to tax season when buyers have more cash in hand. Avoid selling right after holidays.
- Advertise to wider audiences. Posting beyond just junkyards can attract collectors or people looking for project cars.
- Sell usable parts separately. You may get more by parting a car out rather than selling the whole vehicle. Remove and advertise parts that still hold value.
Are There Any Other Options for Unloading My Car?
Beyond selling your junk car to a buyer, there are a couple other options worth considering:
- Trade it in. If you’re buying another car, see if a dealer will accept your junk car as a trade-in. The car’s value gets factored into the new purchase.
- Donate it. As mentioned earlier, some charities accept junk car donations. You can get a tax deduction for the fair market value.
- Sell it for parts. Parting a valuable classic car out on eBay Motors or specialty forums can maximize profits if you have the time.
- Let the city haul it. Your municipality may collect and dispose of junk cars for free or a small fee. Contact your local public works department.
Preparing Your Car for Sale
Once you’ve found a buyer, make sure you get your car ready for pickup or transport:
- Gather documents and keys. Have your car title, registration, and any repair records available. Provide all sets of keys.
- Remove plates. Take off license plates and provide them to your local DMV. Plates stay with the owner, not the car.
- Empty vehicle. Take out any personal items. Also remove valuables like stereo faceplates.
- Check fluid levels. Add motor oil, transmission fluid, coolant, brake fluid, and windshield washer fluid if needed. This prevents spills.
- Disconnect the battery. Remove battery cables to prevent electrical issues and make the car safer to transport.
- Ensure car access. Unlock doors and trunk so buyers can easily inspect and move the vehicle. Provide any unique keys.
- Cancel insurance. Inform your provider once the car is sold. You may be eligible for a partial refund on your policy.
Junk Car FAQ
Still have questions about selling your unwanted car? Here are answers to some frequently asked questions:
What information do buyers need when I inquire about selling my car?
Buyers will want your contact info along with basic vehicle details like make, model, year, and general condition. Mileage, maintenance records, and any major issues should also be disclosed.
Do buyers only want newer cars in good shape?
No. Most junk car buyers take vehicles of any age, even if they are very old or don’t run. More important than age or condition is the make and model, as these determine part value.
Do I need to have a valid registration to sell my junk car?
In most states, you only need a title. Let buyers know if the registration is expired. If the car isn’t registered, there may be steps needed to obtain a new title.
What paperwork do I need to complete the sale?
You’ll need to sign over your vehicle title to the buyer. Review the title transfer process in your state. Some states require a bill of sale as well.
Can buyers take care of canceling my registration and insurance?
Buyers can handle registration paperwork for you. But you’ll need to contact your insurance company yourself to cancel coverage once the car is sold.
How quickly will my car get picked up?
Most buyers can tow your car and remove it the same day you accept their offer. Larger junkyards with higher volume may take a day or two. Ask about pick up timelines.
Get Cash for Your Clunker Today!
Selling an old, worn out car doesn’t have to be a hassle. With this guide, you now know your options for getting rid of your unwanted vehicle whether it runs or not. Junkyards, recyclers, charities, collectors and online buyers are all ready and willing to take that old car off your hands. And following the tips above will ensure you maximize your profit too. So don’t let that unused car continue taking up space and costing you money. Start shopping it around today and you’ll be rid of it and have extra cash in no time!