Are you tired of seeing that old clunker taking up space on your garage pad? Do you find yourself wondering how much money you can get for it (or if you can even get any money for it at all?)
Many people have a troublesome time attempting to rid themselves of their old and decrepit beaters. They question if they’ll ever be able to dispense with it.
If this sounds like you, don’t fret.
Because in today’s post, we will be diving into how much you can earn if you sell your car.
How to Sell Your Car: Things to Consider
Before you begin contacting junk car buyers, or posting all over social media that you’re selling your car; there are a few things to take into consideration. Once you sort out these details, things will come together much more smoothly.
This is all about assessing the current value of your vehicle. And so a couple of the key things to ponder are:
The Location of Your Vehicle
Depending on where you live, you may have a multitude of junk car buyers, which of course, will drive up the competition. This could enhance the going rate of your car, and subsequently, put more money in your pockets.
The Age of Your Car
If you’re deciding to sell your car, there’s a good chance that it’s due to its seasoned age. This is especially true if you’re considering selling to a junk car buyer.
For this reason, if you’re looking to get cash and just move on, consider the age of your vehicle when determining its worth.
If it’s older than 15 years and is falling apart at the seams, that will definitely affect what others will be willing to pay for it.
However, if it’s an older model but still in good working condition and you’re just looking to upgrade — then you will definitely get more money as a result.
Your Car’s Mileage
This is a big one. If you’ve put over 200,000 miles on your car, then you will obviously have trouble getting a decent amount of cash for it.
The wear and tear would have lowered its value greatly. But that doesn’t mean you won’t be able to sell it.
If you have taken care of it via regular maintenance and it’s still in decent shape, then even if it has excessive mileage, it can still be attractive and valuable to certain prospects.
The Current State of Your Car
Has your vehicle sustained a lot of damage? Are there dents, dings, scratches, etc, littering the exterior of it?
If so, this will most certainly affect the final price as well.
Be sure to contact a company or someone who buys junk cars to get a free quote to help you assess the quality of your vehicle.
How Much Money Can You Get for Your Junk Car?
There are many variables to consider when answering this question. As a result, a tried and true answer for how much money you can make from your junk car is impossible to come up with.
However, generally speaking, you can expect to see anywhere from $100 to $500 for your junk car –depending on the factors discussed in this article.
If you enjoyed this post, be sure to check out some of our other vehicle writeups.