Each year, 18 million tons of steel get recycled from junked automobiles. This recycled metal contributes to the 86% of the recycled material that goes into making new vehicles.
If your car is broken and busted, then it’s time to consider selling or recycling it. Knowing how to sell a broken car will ensure you get the most for your vehicle.
So if you’re wondering what to do with a broken car, follow this guide.
How to Sell a Broken Car for Cash
The simplest way to sell broken cars is to give them to anyone willing to give you money for it. But this may not be the smartest option. Before you decide to sell your broken car, take a look at how you could sell it to determine how you’ll get the most for your vehicle.
Assess Your Car
Look at the level of repair your car requires. If it’s more than the car is worth, then selling it or trading it in won’t get you much The average buyer will factor in the repairs to the purchase price.
If your car is exceptionally rare, then a collector or enthusiast might offer you a decent amount for it. But it can take time to find the right person that’s willing to take this deal.
Another option is to sell it for parts, but this will require you to break down the car. It will then take time and energy as you list each part and wait for someone to make an offer.
A final option is selling a broken car to a cash buyer. Some will break down the car and part it out themselves. Others will give you the value of the metal the car contains.
Gather Your Documentation
Before you can sell your car, you need to have proof of ownership. The exact requirements for proof of ownership vary from state to state. Generally, you’ll need your driver’s license, most recent registration, and the vehicle’s title.
If you’re missing any of these, you can go to the DMV and request new copies.
Now that you know the condition of your car and can sell it, it’s time to get quotes. Focus on the buyers that are most likely to give you the most for your broken car.
You can look locally for buyers, but this might not yield many results. Try searching online for a “junk my car” service. These buyers are highly competitive, so you should be able to get several quotes and choose the best one.
Sell Your Car
Once you have your quotes, it’s time to choose a buyer. Selling your car for cash to a junk buyer is the easiest and fastest process. They’ll come with the money and a tow truck.
Sell Your Car Today
Now that you know how to sell a broken car, you’re ready to dump that pile of junk and get some cash to put towards a new ride. Start by assessing your car and gathering your documentation.
Then get several quotes and choose the one that will give you the most for your car.
Browse our other helpful articles for everything you need to know about owning and maintaining your vehicle.