Making Money On A Junk Car
Although everyone loves a car when it's brand new, everyone knows that it doesn't stay that way forever. After some time, the car starts having mechanical problems, and even the body of the car can start to deteriorate with the natural effects of the environment and oxidation from the sun. After a while, you'll realize that you simply cannot keep putting money into a car that keeps breaking down. Even when you make that decision to stop fixing the car and maybe put it to rest finally, it doesn't mean you have to take a loss on the whole thing.
Cars that are finally being put out to pasture actually still have some value to them and can actually earn you some cold hard cash. One option would be to trade it in for cash that could go towards your new car purchase and add to the money you've already been putting away for the new car.
If you haven't searched for one before, you may not know that there are several salvage yards that actually purchase old cars for scrap metal. You can check them out online to see we buy junk cars Tucson AZ has any good or bad reviews. Some yards may even come to you to give you a quote on the vehicle you are trying to sell to them. The only thing that can be a costly expense on selling your car to a yard is that you may be responsible for towing the vehicle to that location.
If there aren't any junk yards close enough in your area, another option would be to part it out. Almost every kind of car has its own online forum these days so it's easy to find people with similar interests. You may be able to find a collector who wants the parts from your car, or you may be able to find someone who wants the whole car so they can fix it up.
Along those lines, if you want to try to find someone who will buy the vehicle and fix it up, you can advertise online, such as on craigslist or other popular sites, and just advertise that it is not running and definitely a fixer-upper. You can start with a lower price than what the blue book price may be and add or best offer on the ad and see what kind of offers come your way. Just make sure to state that it is sold as is so you don't get someone to come along and complain that it doesn't run.
Another option that does not get cash for your car, but may give you a tax break is to donate your car. Many agencies take car donations and that would give you a decent tax write-off.
All of these tips will get you something out of your old, dead car, rather than just getting rusty, gathering dust and taking up space in your garage or yard.
Cars that are finally being put out to pasture actually still have some value to them and can actually earn you some cold hard cash. One option would be to trade it in for cash that could go towards your new car purchase and add to the money you've already been putting away for the new car.
If you haven't searched for one before, you may not know that there are several salvage yards that actually purchase old cars for scrap metal. You can check them out online to see we buy junk cars Tucson AZ has any good or bad reviews. Some yards may even come to you to give you a quote on the vehicle you are trying to sell to them. The only thing that can be a costly expense on selling your car to a yard is that you may be responsible for towing the vehicle to that location.
If there aren't any junk yards close enough in your area, another option would be to part it out. Almost every kind of car has its own online forum these days so it's easy to find people with similar interests. You may be able to find a collector who wants the parts from your car, or you may be able to find someone who wants the whole car so they can fix it up.
Along those lines, if you want to try to find someone who will buy the vehicle and fix it up, you can advertise online, such as on craigslist or other popular sites, and just advertise that it is not running and definitely a fixer-upper. You can start with a lower price than what the blue book price may be and add or best offer on the ad and see what kind of offers come your way. Just make sure to state that it is sold as is so you don't get someone to come along and complain that it doesn't run.
Another option that does not get cash for your car, but may give you a tax break is to donate your car. Many agencies take car donations and that would give you a decent tax write-off.
All of these tips will get you something out of your old, dead car, rather than just getting rusty, gathering dust and taking up space in your garage or yard.