No car is immune from serious damage, even brand-new ones that have just been driven off the lot. With us, we take into account every aspect of the car, pulling value where we can so you can get the most out of the deal.
You have a few traditional options when it comes to getting the most value out of your salvage car:. For the most part, the first two options require the kinds of skills and empty schedule that most people just don't have.
Not only will you need to have the tools and equipment to remove parts, or in some cases, replace them, you'll need to ensure that all the work you do will meet the standards of your state. This can be frustrating for some sellers, particularly when the prices for scrap haven't been as robust as everyone might have liked. Recycled metal used to be more of a 'thing' in the past, with China buying like crazy for all kinds of new projects. Lately, that interest has cooled some in recent years, which has made an impact on the market.
The prices of scrap metal can turn on a dime, so there's no use making any kind of promises in this section. What we can say is that we'll look at every available avenue to get you the most from your car. Your make and model might be more in-demand than others, which will net you more in cash.
Our industry can be a little all over the place, even for those of us who've devoted our careers to it. Getting a little sample of what we see everyday can help you prepare for what's to come with your salvage car:. We can tell you all kinds of things about our customer service, but much of what we brag about comes straight from the comments of our customers:.
Junk Car Medics is a junk car service that buys cars with salvage titles. We buy vehicles from all over the country, arranging for pick-ups that take the heap in your driveway off your hands. We work with salvage yards, tow truck services, and car auction sites to get you the most money for your vehicle. We typically ask for the registration, title, and keys, along with a valid ID. However, there may be some cases where we can let you slide on one of the requirements, depending on the situation and where you live.
We make every effort to arrange for same-day pickups, but sometimes it just can't happen. Weather, availability, and location can all get in the way. That being said, we've been known to hand out checks in as little as 2 hours after giving the original quote. Make sure that you get the front, back and sides of your car too. Next, get that ad together. Folks want to know about your car. So, tell them! Let them know as much as you can, to avoid answering lots of questions though email and text messages.
Don't forget to add specs such as the car's mileage, parts and other items that will entice wrecked car buyers. Facebook is a great way to sell a wrecked car. Similar to Craigslist, you can take a plethora of pics and post them to your ad. You can also post the mileage of the car and other specs.
The Facebook Marketplace allows you to reach folks that live right in your zip code as well as nearby. So, you can target people that you may even know! You can even choose between a local listing which has no fees and is visible to folks who are about miles of your location. You also have your choice between an auction or fixed price format. Don't forget that you have to make arrangements with the buyer regarding shipping and such. Instagram is a great tool to sell cash. Hashtags are used as magnets to help bring people to a particular post.
With hashtag words and phrases, people are able to click on the hashtag and read the post that follows. So, if someone is looking for a car to buy in Cleveland, that person will more than likely see your hashtag and click on it.
These marketplaces are great for selling a wrecked car and offer great exposure for your car. Most of the time, you can make a quick sale. They sell the valuable components from the damaged vehicle at discounted prices. However, their customers have to remove the parts. The main advantage of these buyers is they are the end-users, giving you more money, especially if you sell when the metal market is doing well. For this reason, this option is better for a quick sale than dealing with an auction.
The main setback of a salvage yard is that these buyers will not offer a fair price for high-end or late-model vehicles. To them, these types of cars are usually not worth investing in. These are also end-user buyers, making them a great option to consider when selling your damaged car. The chances are you will be the only one in the supply chain when selling them your wrecked vehicle, and this will earn you additional cash.
The scrap recyclers dismantle the damaged car and sell the valuable parts to garages, dealerships, or vehicle body shops. The unique advantage of these recyclers is they disassemble and clean the damaged vehicle themselves. They even offer warranties on the parts they sell. This is a good selling point, which nets them plenty of buyers. Full-service salvage yards also have a more reliable inventory, and the draw for buyers is the assistance in finding the particular car parts they are searching for.
The majority of the buyers who purchase wrecked cars are towing companies. The towing companies mostly buy damaged cars and sell them at an auction or car-buying business like a salvage yard. Other methods to sell your damaged car include non-profit organizations where you can donate your vehicle to a specific charity. These organizations will pick up your vehicle and sell it to a salvage yard. For these organizations, they serve as mere middlemen, and they do not possess the vehicle.
A quick online search will show the non-profit organizations that will take your wrecked car off your hands. You now have a clear idea of the type of entities and people you can sell your damaged vehicle to.
As a reminder, if you intend to sell a junker, the parts are of little value. This means a salvage dealer may see no need for it. In some cases, a towing company may be the best option.
Selling a wrecked car is equal to getting rid of something you no longer need. If your damaged car is an older model and fixing it would not be a good option, you can take it to a U-Pull-It yard. These are end-users who can professionally dismantle the wreck and later dispose of the parts.
Consider this yard option as a top choice but if you feel the need for a second option, consider auctioning your wrecked car. If your damaged car is a niche type, you may find niche recyclers are few and far between. This is good for you because you will usually make more money than with a regular recycler. The good thing about selling to a niche recycler is that the vehicle parts are valuable to them compared to an ordinary recycler.
There are more options to sell late-model vehicles because newer cars are worth more. Even though selling at an auction requires you to pay a fee, you can sell your damaged automobile to the highest bidder. The one who buys the car pays a back-end fee to the auction house, and this fee is deducted from the amount paid for the vehicle. On the other hand, full-service salvage yards are another option for selling a wrecked late model car.
The yards also help you tow the vehicle to their premises, and they dismantle it themselves. These buyers pay a reasonable amount because they do not resell the car in one piece but part it out to increase the value. Those with no or minimal knowledge about vehicles will be quick to think their car is worthless. However, many businesses thrive from buying and selling wrecked vehicles.
It is then your responsibility to repair your car or to sell your wrecked vehicle. Check your insurance policy and discuss with your insurance representative how you should proceed. Selling your car privately becomes more difficult after an accident because cosmetic damage is expensive to repair, and most buyers will only pay for a vehicle that has little or no damage, so your chances of making money for your damaged car decline greatly.
If your car title has been changed to a salvage title , your offers may not be as high as you would have hoped. Dealership trade-in can be tricky. You usually have to be in the market for a new vehicle in order for the dealership to make you a decent offer for your wrecked car, and you still may not be able to trade in a car with major damage.
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