Steps to sell my wrecked car

sell my wrecked car

Many people ask, “Where should I contact to sell my wrecked car”. It’s understandable. Selling a wrecked car won’t be easy for someone without any prior experience. Also, they won’t know whom to approach. It’s a completely different industry. However, if you give some time to exploring, you will find that the process is fairly simple. A lot easier than selling a normal car!

What are the steps to sell my wrecked car?

sell my wrecked car

How to explore the market to sell my wrecked car?

Look out for websites that provide information on how to sell wrecked cars. There are plenty of them. They will tell you about the process, market prices, prospective buyers and much more. Go through such websites, and you will get relevant knowledge about the industry

Get an estimation for your car

Most of the websites provide free quotations for your car. All you have to do is fill out some information such as the make, model, mileage, etc. You will receive an approximate value in a few clicks. Once you know what your car’s worth, you can then put the selling price accordingly.

Advertise online

Want to reach out to a large number of buyers? Try advertising online. Many portals connect the sellers with the buyers. You will have to set up your profile and add some description. Also, you will have to upload a few pictures of your car. Interested buyers will see your profile and contact you with their offers.

Check the credibility of the buyers

Don’t rush into the deal. It’s not advisable. You never know if the buyer is genuine. Many scammers may try to dupe you. However, if you carefully evaluate their profiles, you can protect yourself. Start with reading out the information on their website. Genuine buyers provide all the relevant information to the seller. Also, you can read client reviews posted on their websites.

Close the deal

sell my wrecked car

Once you shortlist the buyer, make sure that you properly communicate all the terms and conditions of the sale. Also, schedule a meeting with the buyer to discuss the details of the transaction. Once you feel that the buyer’s offer is profitable, you can then lock the deal.

How to get paid after I sell my wrecked car

Ask the buyer to pay you the amount in cash. It is the safest option. You don’t have to worry about the credentials. Sometimes, the buyers propose an installment scheme. They agree to pay you a partial amount followed by periodic installments. Such offers look plausible on paper. However, you never know whether the buyer will turn up or not in the future. To be on the safer side, experts recommend cash payment.

Inform your insurance company

Once you hand over your car to the buyer, contact your insurance company and inform them about the sale. It’s important, as you are no longer liable to pay the premiums. Also, contact your local department of the motor vehicle and ask them to cancel your registration. It will relieve you of all future liabilities with your car.

If you want to know more about how to sell a wrecked car, get in touch with us today!

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Can I sell junk cars without a title?

sell junk car

Yes, it’s possible to sell junk cars without a title. Many times, people lose or misplace their car titles. In that case, you can show your VIN. You can find it on the dashboard, beneath the driver’s window. In some cars, you can locate it inside the driver’s door also. If you can’t find it printed in your car, look out for your insurance or registration papers. They contain your VIN.

The buyer will then verify it by cross-checking with the local department of the motor vehicle. Some buyers may be willing to buy your car if they find your VIN genuine. However, they may settle for a lesser amount due to a lack of paperwork.

You can also apply for a new title. Visit your local department of motor vehicle site and fill out the application form. A representative from the department will verify your details. They will charge you a fee for renewing.

Where to contact for a duplicate title?

sell junk cars

Before you go to sell wrecked cars without a title, explore all your possibilities. You can look out for two options:

Bank

If you have bought your car on a loan, and you are still paying the installments, then your bank will have all the details. You can request your bank to transfer the title directly to the buyer.

Department of motor vehicle

DMV can provide you with a duplicate title for your car. They have all the records and can retrieve them easily. You may have to submit a formal application and wait for some time.

How to sell a wrecked car without a title?

Can’t find your title? Don’t worry. There are still few options you can explore. The process to sell wrecked cars is slightly different from a regular one. The majority of the states have strict regulations and they won’t allow the sale without the papers. However, in some states, there is relaxation. Also, you can find few buyers who are willing to buy your car without its title. For that, you will have to explore potential buyers and negotiate with them at your desired price.

How do you find buyers to sell junk cars without a title?

sell junk cars

It’s possible to sell junk cars without a title. You can find many potential buyers. Here’s what you can do:

Explore reputed buyers near your locality

To start with, search online for a list of local junkyard buyers. Go through their profile and see if they have mentioned that they buy cars without the title. You can also make a call and ask them about the same. It may require some effort, but you will be able to find a prospective buyer.

Inquire about the process to sell wrecked car without title

Either the buyers mention the process on their website, or they will tell you once you contact them. They will let you know the documents you may need to submit in place of your title.

Follow all the recommended steps

The process to sell junk cars without a title can be confusing. Carefully read all the steps mentioned and follow them as recommended.

Still have questions regarding how to sell junk cars for top dollar? Get in touch with us today and our experts will guide you through the process.

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