No car or truck lasts forever. Unfortunately, there's always a time to say goodbye to your vehicle. It's easy to think what you've been holding onto is worthless or a hassle to keep. Many reasons drive people to part ways with their old car, but there is an upside. As painful or relieving as it may be, you can make money by getting rid of your vehicle! We're here to help teach you the best ways to get some extra cash from your clunker.
How to Make Money from Your Clunker
1) Junk It
Depending on the condition and age of your vehicle, junking your vehicle can be the easiest, quickest, and best option. Using a service like Cash For Your Clunker is very simple and straightforward. You submit the information about your junker, you get a free quote, and schedule a pick-up. No matter how bad of shape you may think your car is in, they will accept it and pay you cash. They also offer free pick-up!
No matter if it's an old restoration project that you haven't had the time for, if it's been in an accident recently or long ago, or it's been handed down to you they're interested. This alleviates a lot of stress and worries about who would want to take the car off your hands. For more questions, check out their FAQ page where you can find all the answers you may want.
2) Sell It
If your car is relatively new (5 years or less) you can opt to sell it. There are several options for selling your clunker, but it may be difficult. You can sell it privately, to a dealer, or a scrap yard.
When selling it privately, people may only want to buy specific parts that are still in good condition and usable. This requires you or the buyer to have the tools, take the time to remove the parts, and take them away. It most likely also involves you dealing with multiple buyers to get rid of the good stuff and pricing can be stressful.
Choosing to sell it to a dealer might be demanding as you may need to shop it around to several car dealers in your area. And they're most likely to give you the least amount for it, as they'd want it to be a trade-in towards a new vehicle. You might even get told that they're not interested.
Selling to scrap yards have the same route as the Junk It option. It's best to research around your local salvage yards to see who is willing to pay the most for your clunker and learning all of the fee's that go along with that. We recommend using Cash For Your Clunker as they make the process easy and reliable.
3) Donate It
Provided that your vehicle still runs and operates properly and safely, you can donate it. If you're feeling extra generous and also wouldn't mind a tax write-off, check with your local Goodwill or thrift store to confirm that they're accepting vehicle donations. This is a great way to give back to your community and help someone in need.
Though this option doesn't give you the instant monetary benefit, you may find gratification by helping out your neighbors. Most people that are in need of a vehicle, no matter the reason, aren't worried about exterior and interior damages. As long as it gets them from Point A to Point B, they've got what they need!