A Quick Guide on Junking a Car for Cash

illustration of an old junked orange sedan car

Did you know that just this year there have been over 8 million cars produced? Are you considering junking a vehicle and want to explore your options? 

In this article, learn how to junk a vehicle for cash. Read on to explore your different options, and how junking your car can lead to quick and easy cash. 

Junking a Vehicle for Cash

When you decide on removing junk cars from your life, you'll first want to clear out all of your personal items. First, take a look under the trunk, seats, glove box, and anywhere else in your vehicle for any items. 

Determining the Value

Next, you'll want to take a look at the make and model of the vehicle to determine how much it'll be worth. How many miles does it have, what's the condition, and write down any problems it has. 

Have Paperwork Handy

Next, you'll need to have a valid car title to prove you own it. While you can sell your car without a title, it'll be much harder to do. 

Keep in mind that if you sell it to the junkyard without your title, you might face fines such as liabilities. This is because you're still the owner of the car. 

What if I Don't Have the Title?

Each state will vary as far as what you can and can't do with your junk car. First, check the DMV website in order to see what's required for junking your car. Your state might only require the old vehicle registration and your driver's license. 

Look for a Car Buyer

Before you junk your car, it's a good idea to take a look at reviews of the company first. Watch out for a car buyer who has a large number of negative reviews. 

Watch Out for Faulty Weighing

Many scrap yards will use inaccurate scales to get the best price for your vehicle. To ensure that you get a fair price, ask for the certification of the scale. 

You can ask them to put a standard weight on the scale to see if it works. You can also ask for a document that proves it's a working scale.

Also, have them tell you how much your car weighs in pounds. This is vital in order to compare it to the market value. Some scrapyards will try to use measurements per piece to make it more difficult. 

Remove Your License Plates

Make sure to remove your license plates before surrendering the vehicle. You might not have an opportunity later on to remove them. 

Consider Alternatives

Consider donating your vehicle to charity. This can lead to a higher tax write off. 

Cancel Registration

Cancel your registration. If they do it for you then there will be an administrative fee. Some scrap yards will do it all for you where they'll cancel your registration, look up the VIN number, and send you a bill. Failure to pay this bill will have you reported to a credit agency. 

Siphon Gas

If you can still drive your car, you can run the gas out of it. If you can't drive it then you can siphon the gas to use it at a later date. Keep in mind that the salvage yard will remove the fluids if you don't. 

Remove Personal Information

For vehicles that have your OBD recorder or GPS, you'll want to remove or wipe them. They can hold data that can lead to identity theft. 

GPS data can show where you live, work, and places you often go to. They can use OBD data in insurance fraud. 

After your vehicle goes to a salvage yard, you don't know whose hands your vehicle will wind up in. Check around your vehicle for any other devices such as USB drives. Newer vehicles might have a USB drive in the glove box. 

What About the Value?

Even if your car isn't running, it might have valuable parts. Auto-recycling might be an option instead of junking or scrapping a vehicle. 

Is your car a popular model? This can include body parts, mechanical parts, or interior parts. Some buyers might be interested in buying the parts from you in order to receive a decent price on them. 

Have All Information

Have all of your information including the car's condition (mechanical, interior, exterior), year, make, and model, and the current mileage. Is your car towable and in running condition? 

You also need to state any damages or problems such as crashes or an engine that has blown. Keep in mind that if you're scrapping the vehicle, items that can't be sold will affect the price that you'll receive. 

Consider selling items for extra cash such as the tires with tread left, the battery, stereo systems, alloy wheels, etc. Keep all of these parts in a secure place and determine the value. You can consider selling those parts online in places such as craigslist or eBay. 

Donating Your Car vs Scrapping It

First, before deciding what to do next, determine if the repairs necessary are worth it. If it's not, then if it's a car with high mileage, mechanical problems, or a low value, you might want to consider scrapping it. If you decide to donate it to charity, you'll receive a tax benefit, plus normally free towing. 

A Guide on Junking a Vehicle

Now that you've explored this guide on junking a vehicle, you should have a better idea of what to expect. Would you like to explore more content on how to do things? For more on solving problems and learning how to do things, check out our other articles today. 

 

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