Selling a damaged or totally wrecked car is far more common than an average citizen of the United States might think. If you know that every year, and this is an official statement, around 7 million accidents occur on the US roads. You might ask yourself, where all of these wrecked cars are going? Well, it wouldn’t be a surprise to know that not all of them end up on junkyard. Just imagine yourself in that position, where you were in an accident, and now you have an unusable and damaged vehicle on your hands. What should you do with it? Well, sell it of course. You’d be surprised to learn that there are many companies or persons who would like to take it out of your hands, for a certain price of course.
There is no reason whatsoever for you to keep a damaged vehicle in your backyard. Especially in cases where it is beyond repair. In the case where you are driving a valuable vehicle, there are some options that you might do quickly, take the money, and don’t think about it further. But, what should you do in a case where your vehicle is not so valuable? You can go two ways in this case. The first one is that can try and repair all of the damages on your vehicle. Maybe you will not spend too much of your money on it. The second thing that you can do is selling that vehicle. If you are located in the state of New York, you can check out USJunkCars.com. By selling a damaged vehicle, you are going to be able to save some of its worth that you can possibly invest in a new vehicle.
Now, let’s take a look at how can you get the best possible price for your damaged vehicle.
How Can You Get the Most Out of Damaged Car?
There are several strategies that you can use in earning a top dollar from a wrecked vehicle.
- Evaluating the Damage
Before you make any decision about selling your damaged vehicle, you should think about getting an expert’s opinion on how big the damage really is. You should check if there is any more damage than meets the eye and how much are you able to sell it for if needed.
- Make Sure You Have the Essential Paperwork
Another very important thing that you need to consider is the paperwork you have on your vehicle. You need to collect all of it before you make the sale. It is illegal to sell a vehicle without them. Moreover, you need to provide the maintenance record.
- Make Some Repairs
If it happens that your car has some smaller damage, besides those big ones, you need to consider repairing them. That way you are going to increase the potential asking price. Before you do any of these, you need to consult with an expert and see if they are going to affect the price.
You Have a Wrecked Vehicle to Sell – What Now?
Many people are asking themselves what are the option when it comes to selling a damaged vehicle. Well, the first one is selling it online through many of the specialized websites. You can find people that are more than willing to take it out of your hands. It could mean that the buyer has a budget that can fix your damaged vehicle and resale it for a healthy profit. Therefore, you need to be prepared for some bargaining. Of course, the buyer will give you the least possible price. At the same time, you need to remain calm and patient and increase the price to the level you think is acceptable.
One of the better choices you can make when selling a wrecked vehicle is selling it to a junkyard. However, you shouldn’t expect that it would go easy. Once again, you need to prepare yourself for long and hard bargaining. Some of them wouldn’t be even interested to take a look at the vehicle if you don’t drive it to them. Even then, some of them would probably offer the price that doesn’t cover even the drive between your home and the junkyard. You need to be careful about dealing with junkyards because profit is the main thing they have on their minds.
Furthermore, you can sell a damaged vehicle to a dealer you are looking to buy your next vehicle from. This is not so popular decision since dealers are always going to offer you their maximum price, which is usually, your rock-bottom price. The reason this happens is that they want to make the most out of it when they sell it further. Dealer’s strategy is pretty similar to the one we can see at junkyards. You can look at it as a small investment in your new vehicle. Sadly, you are not going to be satisfied with the amount of money you are going to get from them.
Probably the best thing you can do when looking to sell a damaged vehicle is selling it for scraps. You can use all parts of your vehicle and sell it on various websites like eBay or other similar ones. This is actually not a bad idea. Over time, you could maybe develop a junkyard of your own. Even though someone would argue that this is not a great choice for a profession, we could say that it has some serious advantages. You can buy damaged vehicle parts and you can invest your time and energy into restoring them, and then, sell them on online auctions. Doesn’t sound too bad, right?
However, you need to be careful since many people are prepared to perform some kind of a scam. There are more than a couple of things that required your attention before you sign the papers and before you handle your keys to the buyer. One of the commonest scams in this filed are check scams. We cannot stress enough how many times it happened that the buyer issued a scam check and leave the seller empty-handed.