Cars are one of those big purchases with depreciating value as you use and keep them. After at least a decade, they’ll only be worth a fraction of what you’ve paid for, that’s why most people think that old cars aren’t only useless, but worthless even. For such reasons, you’d categorize an old vehicle lying in your garage as just a piece of junk. However, there are still several things you can do with a junk car.
Junk For Cash—Or Something Else
If you know what to do with your junk vehicle, you might still get a reasonable amount of cash out of it. Not only that, you can get rid of that eyesore and have an empty garage space. If your old vehicle has been sitting around the yard for years because you don’t know what to do with it, take a look at some of these tips and ideas you might find useful:
- Sell It To A Car Wrecker
Perhaps the easiest and fastest way to do away with a clunker is to sell it straight to a business buying them. However, you might have had second thoughts in the past if you’re someone who supports environmental causes. But if you live in Hamilton, New Zealand, there are eco-friendly automotive dismantlers disposing of used vehicles in a way that won’t cause any damage to Mother Earth. Car Wreckers Hamilton and several others accept all makes and models of cars, buses, RVs, trucks, 4WDs, and SUVs.
Junkyards and car wreckers pay in cold cash, and you can use the money for the down payment of a new car you’re planning to buy. Or if you already have a new one, you can set the money aside and use it for future expenses.
- Sell It As A Used Vehicle
This option will only work if the car’s still in good running condition. Sometimes, you’d mistake an old car for junk just because you think it’s not something you’d use or drive. However, there might be people out there who are looking for used vehicles at a lower price. That’s why you should also consider selling your junk as a used vehicle.
If you want to get more money out of it, you can also try having the auto examined at a nearby repair shop. See if there’s anything that might be repaired or replaced so you can get a better price when selling it. Of course, anything you do and spend to improve the condition of the car should be factored in when estimating the resale value of your vehicle.
- Take Out The Parts And Sell The Valuable Ones
No matter how old the automobile may be, there’s still something you can make out of it if you’ll spare the time to part it out. There are reusable and recyclable parts that may be worth hundreds of bucks if you’re able to find a good place that’s willing to buy them. Make sure you don’t sell right away to the first junk shop you come across with. Ask for several quotations first and negotiate with the one offering the best deal. Another way is to go online and sell the parts on eBay or other digital marketplaces.
The first thing to do when breaking a vehicle apart is to inspect it thoroughly. Look for usable and salvageable parts that could still be of value. GPS systems, stereo, windshield parts, wheels, tires, battery, and rims are just some of the components you could check. Harvesting parts from a junk car might take time, but if you’re feeling all mechanic and don’t mind getting greasy, you should consider doing it.
- Consider Donating It To A Charity
If you don’t feel like getting worked up or you just simply don’t have the time, you can opt to find an organization or charitable institution accepting old car donations. It’s a good way to extend a helping hand to the less fortunate, and you’ll feel good knowing your junk could still be of good use to other people who need them.
What you can do is search the internet for any charity in your area and contact them. Let them know you’re willing to donate a used vehicle and inform them of the condition of the car. If they agree to take it, arrange for a date when you can drive by their place to bring it. You can also contact a towing service if you don’t have the time or the place is far from where you’re from.
- Trade-In Your Junk Car
Yes, you’ve read that right. Another thing you can do with your junk car is to trade it in. However, you need to know that trade-ins only work if the car still has a resale value. If your vehicle still runs, there’s a good chance auto dealers might still accept it for trade-in.
But then, you should also expect not to get a reasonable trade-in value for it since auto dealers would also be making money out of it. Still, it’s considered a good deal if you’re buying a new car and you need additional money to use for the payment. The value the dealer will give can be slashed off from the total price of the car you’re planning to get.
Make The Most Out Of Your Junk Car
Junks aren’t a good sight, and your old car is one of them. If you’ve been thinking of what to do with it, the tips above might be of good use. You can sell it to a car wrecker, take out the parts and sell them online or to a junk shop, or donate it to charity.
If you want to get more money out of it, you can have the car repaired to improve its condition and appeal. After which, you can get a higher value if you decide to sell it as a used vehicle or trade it in for a new car you’ve been saving up for. Consider the ideas mentioned here as you seek various options for your junk vehicle.