It’s never been simpler to sell a second-hand car. Heck, 40 million of them exchange hands in the United States every year.
However, there’s a big difference between selling used vehicles and well-used vehicles. Flogging the lemon in your yard will never be as easy (or lucrative) as a shiny car with a few thousand miles on the clock. But it is possible!
Want to learn how to do it? Keep reading for 4 top car tips when junking your car.
Table of Contents
1. Assess Its Value
Anybody hoping to ‘junk my car’ should begin by making an accurate assessment of the vehicle’s monetary value. Pay a mechanic to look it over and use the internet to find out how much similar cars are selling for on the market.
This should help you price the vehicle with greater accuracy. In turn, you’re less likely to a) charge too much and slow down the sales process, or b) price it too low and get a lower amount than what it’s worth. Of course, it also means you could purposefully undercharge in order to speed up the sale.
2. Get It Working
As you might expect, you can get far more money for a car that’s functional compared to one that isn’t. That’s why it can pay (literally) to fix up any mechanical issues to get your junker running again.
Be careful though. Any work that you pay to have done must make financial sense. In other words, there’s no point paying hundreds/thousands of dollars to get the car roadworthy if you won’t make it back (with a profit on top) through the sale. You’d have been better off selling it as-is and turning a greater profit in the process.
3. Find the Title
One of the most crucial aspects of selling any old car is having the title. This key document is what proves that you own it! Without the title, you cannot (legally) sell the vehicle.
With any luck, this won’t be a problem. You’ll know where it is already and be able to provide it for prospective buyers. If you don’t, then it’s time to go hunting around the house for it!
4. Take Your Time
Try to take your time throughout this sales process too. We know, waiting around to sell the rusting pile of scrap on your lawn might be the last think on your mind!
Yet biding your time will make the whole process simpler, less stressful, and more cost-effective. When you aren’t in a rush, you can say no to low-ball offers and wait for a better one.
Remember These Car Tips for Junking Your Car
Are you on a mission to sell the junker that’s sitting in your driveway? Well, with any luck, the car tips in this post will help you do it. Keep them in mind and it should be easier to sell your lemon with less stress and for more money.
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