Three Ways To Sell Your Car For Cash

Automotive Blog

Whether you have an old beater that just doesn't run anymore or you have a car that isn't worth a lot for a trade-in, there are several ways you can sell it for cash. You just need to know who buys junk cars. If you want to get rid of that clunker taking up space in your garage, here are a few options to consider.

Online Community Sale Sites

There are a host of online community sale sites where you can post an ad for your vehicle. Posting an add on many of these sites, such as those hosted through social media platforms, is free. You can post pictures of the vehicle along with a price and description. Remember that pictures are important even if you have a junk car. Someone may want to purchase it for parts, so be sure to take pictures of the exterior, interior, and under the hood. Arrange to meet the person in a public space for your safety when selling the car. If the car isn't road-ready, you can tow it by renting a tow dolly from a local moving truck company. This costs between $40 and $60 on average. While it may take from your overall profit, meeting the buyer in person helps protect your personal privacy.

Junkyards

Junkyards purchase old cars for cash, and they can even tow your vehicle away for you. Contact your local junkyard to get a quote for your vehicle based on the make and model, and determine if you think it's a fair offer. You can compare quotes from several different junkyards to make sure you are getting the best possible deal for your old car. The junkyard will typically cut a check for the purchase price, although some do pay out in cash for a bit of added convenience.

Used Car Dealerships

If your car still runs but it's old or has some wear and tear, you may want to consider taking it to a used car dealership. You'll be able to negotiate a selling price, and you can choose to receive a check or credit toward a different car on the lot. If you choose this option, take the time to thoroughly clean and vacuum the vehicle to make it look as valuable as possible. Do your research before you head to the dealership so you know the approximate value of the car or truck. Remember that the dealership will want to purchase at a lower price so the car can be resold.

Selling your old car for cash or cash equivalent doesn't have to be hard, but you will have to decide which option is best for you. Compare these different methods of sale, and find the one that makes the most sense for your wallet.