Sell Your Junk Car for the Best Value with This Guide
If you are here, you must be looking for ways to part with your faithful ride. Your car has ridden the miles with you and served you well for years, but now, it is nearing the end of its life cycle. There may be mechanical damage, and the repair costs are no longer worth keeping the car around. Luckily, there is a way out for you. Many car owners choose to sell their vehicles to junk car buyers for cash. In fact, out of the 15 million cars that reach their EOL each year in the US, a massive portion, nearly 13 million, are sold to junkyards.
How to Sell Your Old Car for Cash?
Step 1 - Research and Find a Junk Car Buyer
It is fairly easy to find a local junk car buyer. You can do a quick google search or ask a friend for recommendations. Once you have enough, sort through them and decide on three buyers. Get in touch with them and find out the quotes they are offering you.
Typically, the buyer will ask for the car’s make, model, and year along with a description of the damages. You will also be asked if the vehicle has a title or not.
Step 2 - Check their Licenses
Once you have talked to the three respective junk car buyers, you will want to verify their credibility. Check their licenses and operating permits. Note that e-copies and PDFs are easy to manipulate. We recommend you to visit their office and confirm their documentation.
Step 3 - Go Through Previous Reviews
The next step is to find the companies online and look through reviews from previous car sellers. Most companies are listed on google, and you should have no trouble digging up old reviews. You can also find them on social media as well. If the company you chose does not have an online presence, ask them for references that you can contact for a word-of-mouth review of their experience with the company.
Step 4 - Set a Pick Up Time
Any reputable junk car buying company will offer free towing services. Many even provide same-day or 24-hour pickup. Coordinate with them and figure out a time that works for both of you. Before the tow truck arrives, make sure that you have given your car a good once-over. Thoroughly check the interiors of any valuable item you forgot to remove.
Step 5 - Complete the Paperwork
Now that you have handed over your car, it’s time to finalize the deal and sign the official paperwork. The paperwork usually differs from state to state. Oklahoma requires the seller to complete a certain NCO form along with maintenance records, declaration of purchase, odometer disclosure statement, original certificate of title, and the application for replacement of certificate of title.
Step 6 - Get Paid
Finally, it’s time to secure the bag! Strike a good bargain and ensure that you are paid the right price. If you are unsure of the price your used car should fetch, get a valuation done at a trusted mechanic’s. You can also take help from the blue book. Titled cars are paid for in cash while those claims without will be issued a cheque. Be very cautious when receiving cheque payments. Avoid getting dubbed by a swindler by calling the bank and confirming that the cheque won’t bounce.
Step 7 - Let the DMV Know
The last step is to let the Depart of Motor and Vehicle know that you are no longer in possession of your old car. Inform the DMV that you have sold your car and follow up later to know if the title was transferred. The DMV has online portals and a toll-free mobile number. You can also go to their office.
Bring it to Us
Your old jalopy can bring you a decent amount of cash if you find the right place to sell it. Come to Cash4Cars to get the right value of your junk car.