Last Updated on: 14th June 2020, 10:43 am
Many car owners do not require their old car and wish to sell it to free up parking space in their garage. Like all sellers they would like to get the best price for their scrap car. While there are many scrap dealers who will purchase junk cars, they will usually not pay much for the scrap car. Typically in the United States $200-$500 is paid for a scrap car. Yet many car buyers have spent a lot of money on their car, so they would like to get the best price for their car. Some tips on how to scrap a car for the most money are discussed below.
Scrap car owners should be aware that the easiest way to sell their car, will usually not get them the most money. Hence they should be willing to spend some time checking the condition of the car, and also finding potential buyers of their car or car parts. The most important factor affecting the price the car owner will get is the make, model and year of manufacture of the car. Luxury cars will usually get a far better price than budget cars. The condition of the car is also important for deciding the car price. If the car is still working, it will get a much better price than a rusted junk car.
To get the best price, the car owner should first professionally evaluate the car to check which parts of the car are working and whether any parts are missing. Many of the parts of the car can be sold as spares for other vehicles of the same make/model number if they are in working condition. Some of the main parts of the car which are in demand are the engine, transmission the main part of the car, starter and alternator, airconditioning system, radiator, car audio system. In some cases, the seats of the car can also be resold.It is advisable to make an inventory of the items in working condition which can be resold.
The car owner will get a better price if he will sell the parts separately to other car owners or auto repair shops. So he should do some research, both online and offline to find out the market price of the various parts of the car. He can then consider advertising the spare parts directly to find buyers, usually other vehicle owners looking for cheap spare parts. He should negotiate with the various buyers to get the best price for the spare parts. The car owner should be aware that unless the vehicle is rare collectible or luxury car, the value of the spare parts will usually decrease over a period of time, so the parts should be sold at the earliest.
If the parts are not in working condition, the car owner should consider selling them for scrap. He should be aware that different parts of the car are made from different materials. While the body of the car is usually made from steel, many of the parts like radiator are made from aluminum. The market rate for aluminum is usually far more than steel. The wiring is made from copper, which is again far more expensive compared to steel, aluminum. So first the car owner should find out the weight of the different components of the car, especially the car body. Then he should find the market rate for the different kinds of scrap metal in the area where he is located.
For selling the parts online, the buyer should take plenty of photos which show the condition of the car and its various parts. Videos may also be provided if some parts are functioning. A detailed description of the car part with vehicle model, make, year should be provided, along with information about the condition of the car part. Providing more information will attract more buyers for the part. Most car part buyers will physically inspect the car part, before making payment.
If the car owner is selling each part of the car separately, he should have the tools to remove each part of the car properly, without damaging the part. In some cases, the buyer may also want to check the condition of the part, especially if the seller claims that it is working. If he is selling the car body or entire car, the car buyer may want the car title documents to ensure that there are no legal problems at a later date.
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