How to Sell a Junk Car for a High Price

how to sell a junk car

When you first bought your car 20 years ago, you loved everything about it. From the shiny exterior to the state-of-the-art CD player on the interior, you couldn't get enough of riding around in it.

But today, that same car that used to be the apple of your eye is a hunk of junk gathering dust out in your driveway. It's doing little more than taking up space and making you wish you had decided to part ways with it years ago.

Learning how to sell a junk car is the solution to this problem. Even though your car isn't anywhere close to what it once was, you can still get something for it. Believe it or not, someone will pay you for your car, no matter how awful it might look.

Check out how to sell a junk car from start to finish below.

Start by Looking for Junk Car Buyers in Your Area

Did you know that about 80% of the average car can be recycled?

This has turned the car recycling industry into a huge business in recent years. The U.S. salvage business as a whole is worth more than $20 billion per year and is comprised of over 8,000 individual companies.

As a result, you shouldn't have any difficulty at all when it comes to finding scrap car buyers who are willing to take your old car off your hands. They'll be chomping at the bit once they hear that you're interested in selling your car, even if it's not in the kind of condition it used to be.

Your goal should be to locate as many junk car buyers in your area as you can. The more companies you can find, the more offers you can get for your car. And the more offers you get, the better the chances of you scoring a sweet deal for it.

Spend a few hours browsing around online and looking at all your options. You might be surprised by how many different junk car buyers are out there.

See How Much Junk Car Buyers Offer for Your Old Car

Once you've created a long list of junk car buyers in your area, it'll be time to see how much they'll each offer for the right to buy your car.

Back in the day, this used to mean calling around to each junk car buyer individually and having them provide you with an offer over the phone. But nowadays, it's never been easier to get offers for junk cars online within minutes.

Take a look at the websites for all the different junk car buyers in your city or town and fill out the forms that they have on them. These forms will ask you to provide information like:

  • The make and model of your car
  • The year your car was manufactured
  • The current condition of your car
  • The total number of miles you've put on your car over the years
  • The parts that might be missing from your car

Junk car buyers will use this info to provide you with their best offer. You'll then have the choice to either take their offer or walk away.

Accept the Highest Offer You Receive

When you're in the process of trying to figure out how to sell a junk car, there's one very important thing to keep in mind: You should not sell your old car to the first buyer who makes you an offer.

Even if a junk car buyer says they'll give you, say, $500 for your car, hang tight. You want to gather as many offers as you can.

From there, you can look at each offer and see if it's worth taking it. That $500 offer you received from the first company that responded to you might end up getting trumped by another company.

The last thing you want to do is sell your old car to a junk car buyer only to have another buyer chime in and say they would have paid you more for it. You could leave a lot of money on the table by taking that approach.

Prepare to Sell Your Car to the Highest Bidder

At this stage in the game, you should have a solid offer from a junk car buyer and an arrangement to sell your car to that buyer. One of the final things you'll want to do is get your car ready to sell.

You don't need to pull out the car wax and vacuum cleaner to try and make it look like new. But you should remove any personal items from the car and make sure you take off the license plates.

You should also cancel your auto insurance policy for the car and position in a place where your junk car buyer will be able to access it with ease.

Sign the Title for Your Old Car Over to Your Junk Car Buyer

After everything else is all said and done, you can go ahead and sign the title for your car over to your junk car buyer and say goodbye to your car for good.

You and your car have enjoyed some good times together. But now, it's time for your car to go to a better place and clear out space in your driveway.

You got a lot of life out of your car, and it'll leave you with one last parting gift before it pulls away and drives off into the distance. Your junk car buyer will hand you a stack of cash in exchange for your car and officially complete the sale of it. 

It's Not Hard to Figure Out How to Sell a Junk Car

Many people don't know how to sell a junk car. But as you've seen, it's so much easier than you might think.

You can sell the old car in your driveway and get cash for it in as little as a few days. It's so simple to do and will make you wonder why you didn't decide to do it sooner.

Want to get more tips on bringing in the big bucks when selling an old car? Browse through our blog to get all the car-selling advice you could ever ask for.

Official Bootstrap Business Blog Newest Posts From Mike Schiemer Partners And News Outlets