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Four Things To Consider Before You Sell Your Junk Car

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If your older model car isn't running, you may be in a quandary whether it makes sense to get it fixed or to simply have a salvage yard pick it up and give you a few dollars for it. However, there are a few things you need to consider before you make that decision and call the salvage yard.

1. You need a title—a clear title. Most junk car yards won't accept a car without a title. In addition, they can't legally accept a car on which you still owe money since your car belongs (at least in part) to someone else. Make sure to get your paperwork in order before you call to sell your junk car.

2. You won't be able to strip off all of the good parts. If you've just replaced the tires on your car or invested in a new exhaust system, it can be tempting to take off these parts and sell them independently online or in the local paper. However, many junk car dealers will only accept cars with all of the key parts intact. That's how they make money and recoup the money they pay you. Of particular interest are the tires and the catalytic converter.

3. It makes sense to shop around for the best price. The offers you receive for your vehicle can vary widely from dealer to dealer. It's just good business sense to call several dealers, even those a little outside your immediate area. Sometimes, they are willing to travel to get a vehicle that they have a demand for.

4. Remove your license plates. Once you call the salvage yard, it's likely that they will come pick up the car right away, usually within a few hours. Make sure to take your plates off right away so the car is ready to go when they arrive. As the car may sit on the lot for a period of time, you don't want to be liable for the vehicle should someone steal it from the lot. Plus, you can often reuse your plates on your next vehicle.

Calling a salvage yard that deals in junk cars to come and get your old vehicle may be a better solution than repairing it or trying to sell it privately. However, before you make that call, make sure that you have the clear title in hand, that all of the key parts are still on the vehicle and that you've removed your plates.

For more information and details, contact a business that takes junk cars, such as Liberty Iron & Metal Co. LLC