There are few assets as precious as cars. But, like most objects, they have a useful life span or suffer accidents that can contribute considerably to this time.
That is why, even if no one likes the idea, sometimes there is nothing left to do with a car but let it rust and rot or take it to become scrap metal. When you have to choose between those two options, the second one is more convenient because of the cash.
Can you get money for a damaged car?
Contrary to what you might believe, it is possible to get money for a car beyond salvation, and the best thing to do for the vehicle and you as the owner is to scrap it.
The companies dedicated to converting objects into scrap are responsible for giving you an amount of money in exchange for sacrificing your car. Of course, it should be a well-thought-out choice, because the amount of money is not too much either.
How to get rid of an old car for cash
Getting cash for an old or new car is a rather simple task. You need to follow certain strict steps and a few recommendations to get the best results.
Find out about a good company
To find a company that can get rid of your car in exchange for giving you some cash, do a little search on the internet. Activate your location and search for junkyard companies.
Finding dozens of junkyard companies will only take a few seconds. But, before choosing one because it has a nice logo or appears among the first results, you should do a little research.
Open at least five or six pages of different companies, read a little about their offers and experience, but, above all, enter the links of their social networks and check the opinion of their users.
Among the ways to see the legitimacy of a company and its good service is through a small evaluation through their social networks. In social networks, you can find positive and negative comments.
You should check the comments on their content, their profile picture, and various publications made by them. When you see many angry users, it is best to stay away from that company and opt for one of the many on the internet.
Ask for several quotes
You should contact several companies you previously reviewed and request a quote from each. You will be asked to fill out a form and send a message with various data.
It is important to try to be as precise and accurate as possible to get a quote as close to reality. But, you must perform this task with at least three or four companies.
After choosing some companies and researching social networks, you should request a quote from three or four of these companies and see which of the quotes best suits your needs.
In reality, the budget from one company to another does not usually vary too much, but it never hurts to know as much as possible to make sure you have made the right choice.
Be prepared to negotiate
These types of companies are quite used to receiving negotiations from their clients. Therefore, you should always try to be as direct as possible about what is the least you are willing to accept.
Of course, if they offered you $300, you shouldn’t venture to get $1000, but you should always try to go at least a little higher. Most of the time, people will give in, even if it initially seems otherwise.
Cancel your insurance
You should have gotten the best quote and decided on a company by this point. However, canceling your insurance even before you take the car to junk is highly recommended.
You don’t want to go through an uncomfortable situation where you forget that you ever owned that car and never cancel the insurance. The insurance will probably continue to accrue or be deducted from your credit cards.
Before subjecting yourself to such a terrible situation, canceling the insurance before you say goodbye to the car is best.
Besides, when you cancel the insurance because of this situation, they understand, and you can remain a good customer for future opportunities. When you have another car, you can get good coverage.
Prepare your documents and your vehicle
Depending on the company, they may request the title of your vehicle. In such cases, you must present it and may also be asked for an identity document to verify that you own the car.
They may also recommend you remove the license plate to deliver it to the agency in charge.
Before taking your vehicle to the junkyard, check carefully to ensure you are not leaving anything important or valuable inside the car. Even if you think you are sure you have taken everything out, you should always check one last time.
Another small recommendation is that you can take out some valuable parts if the junkyard company does not consider them. You can sell them or keep them if you intend to have a similar car or have a relative with such a car.
Take your vehicle to the site and receive the cash
If your car is still in drivable condition, it is preferable to take it this way and pay for a cab back, here in the company of a friend with another car.
Towing tends to be expensive, even if the location is relatively close, and considering that the payment for a car about to become a wreck is not much, you could lose a good amount on the tow alone.
When your vehicle cannot roll, the ideal is to choose a junkyard that offers free towing services. But, you must be careful because they might significantly lower the price.