Car Tips #84: How to Sell Your Car as Salvage

Image: http://tf2wiki.net/Some of us have old cars parked in the garage as “restoration” projects that never quite get off the ground. The time has come to get rid of it, but how do you do it?

One thing you can do is to call various junk yards or salvage yards to see if they’re interested in buying your heap.

Steer away from businesses that tell you your car isn’t worth anything but will tow it away for free, because your car IS worth something in parts.

Don’t Hide Information

The salvage yard will probably ask you a few questions before they consider buying your junker. Try to be as honest as you can because the salvage value of the car will depend on how accurate you are with this information.

If you embellish or stretch the truth, the salvage yard will not only have wasted its time in coming out to view your car, you’ll be wasting your time in trying to renegotiate a new price, if they’re still interested.

Get a Quote in Writing

If the salvage yard and you come to an agreement on the price and terms of the sale, ask them to put it in writing by sending you the quote in an email or fax. Dishonest businesses will change the details of the sale, hoping that you’ll agree to a lesser price when they show up.

Clean It Out Before Selling

You always hear stories about people finding hidden treasures in stuff that they buy. Don’t be one of those people that forgets to check for valuables before they sell their cars. Go through the trunk space, holding compartments, and under the seats to make sure nothing of value is left behind.

Once the salvage yard buys your car, this includes everything in it, including anything you may have left behind.

Who Pays for Towing?

During the initial contact with the salvage yard or car remarketer, make sure you understand who pays for the towing. If you have to pay, the cash you get for your car will have this fee deducted, and you could end up with nothing.

Choose a Reputable Salvage Business

Check your local listings, the Internet, or reviews to see how honest and reputable the salvage company is. Also consider highly rated national car remarketers that buy salvage cars such as carbidnow.com.

Have your registration papers and title to the car ready to be signed over and you’ll be on your way to more space in your garage and some extra cash in your pocket.

Source: eHow.com
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