The average cost to Americans for a new car increased by $6,220 in 2021. Car accidents can significantly affect the value of your car and can even completely destroy its value. But, that doesn’t mean you lose all your money.
Did you know that car junking can help you recuperate some of the costs from a junk car?
In this article, we offer our tops tips for junking your car to get you the biggest payout. Continue reading to learn how to junk your car the right way.
1. Make the Proper Arrangements
When it comes to tips for junking your car, one of the most important is making the proper arrangements before heading to the car junkyard. While your old car may be a junk car, there are still legal requirements to meet.
Remove License Plates
Removing your license plates before car junking is important for canceling your vehicle’s title. Some states require the plates to complete the process or before the title can be transferred to another owner.
Complete Paperwork
One of the most important steps in learning how to junk your car is to complete the necessary paperwork. This includes canceling the title.
Taking care of this ahead of time releases you from future responsibility related to the vehicle.
Cancel Insurance
To avoid making payments on a junk car, be sure to cancel your insurance coverage. This not only saves you from having to make future payments, but it can also result in a refund if you prepaid for your policy.
2. Remove the Valuables
Remembering to remove anything valuable from your car is another one of our top tips for junking your car. When you don’t drive the car regularly or only view it as a junk car, it’s easy to forget about the value it still has.
Personal Belongings
Some people hide cash in the ashtray of older cars or lose belongings under the seat. Before arriving at the car junkyard, check for any personal belongings that might have been left inside.
Useful Car Parts
If you’ve chosen car junking, you’re likely interested in the extra cash it can bring you. However, don’t forget that some parts can make you more money than selling the car as a whole to the junkyard.
Examples of car parts with a high resale value include wheels, batteries, stereos, and alternators. These may also be valuable to you if you can keep them as replacements for other vehicles you own.
3. Find the Best Deal
To make the most from junking your car, we recommend doing your research. Start by searching for a junkyard in your area and contact them for a quote. Ideally, you should collect two to three quotes before deciding.
You might even find ads online and around your town advertising, ‘we buy junk cars.’ These companies take cars in any condition which means you don’t have to take a complete loss on your totaled vehicle.
Junking Your Car Like a Pro
The above tips for junking your car can make the car junking process as quick and easy as possible. Start by doing the necessary paperwork, find ways to make extra cash, and take the time to get quotes for the best deal.
For more helpful tips and guides like this, visit our blog.