Posted on

7 Factors to Consider When Selecting a Buyer for Your Junk Vehicle

Do you have a junk vehicle in your yard? A junk vehicle can be an environmental hazard and waste precious space on your property. The best option is to sell the vehicle to a junkyard and get some money. However, not all junkyards are the same; some may provide more money and better services than others.

Below are seven factors to consider when selecting a junkyard for your old car.

1. Understand Your Vehicle’s Value

You need to get a rough estimate of your vehicle’s worth. Once you know the vehicle’s value, you can negotiate with buyers with confidence and avoid rip-offs. For this task, get a vehicle valuation service to calculate the car’s current market value. The valuation also helps you to lower your expectations and not ask for too much money since this may push away potential buyers. 

2. Shop Around

If there are many junkyards in your neighborhood, shop around. Don’t take the first offer that comes to you but try to get as many quotes as possible. Some junkyards have a website where you can fill out a form about your car and get an estimate of the price. Be honest and provide as much accurate information as possible.

While you want to get offers from as many buyers as possible, don’t venture too far. Driving long distances to take your damaged vehicle to a junkyard might endanger your life. You will also waste time and money to fuel and drive the vehicle. 

3. Ask About Experience

A junkyard service that has been operating for a long time can offer a good price and superior customer service. The company has purchased many junk vehicles and understands its craft. Read online reviews and check client testimonials to understand the junk buyer’s reputation and experience. A company with many negative reviews may not be ideal for you. 

4. Consider the Process Timeline

The process between contacting the buyer and receiving your money varies from one junkyard to another. Before you start the process, understand how long the company takes to process your transaction. The process depends on the time taken to get the car’s valuation. You also need to know when the company will come to your premises to pick up the car.

The company should also be clear about how long it takes to process payments. The signing and stamping of paperwork should also be clear since some buyers take a long time to process all documents. Ideally, you should select a company that can buy your vehicle within the shortest time possible.

5. Ask About Towing

If your junk vehicle has too much damage, it may require a tow to the junkyard. The cost of vehicle towing can increase dramatically and eat into your profits. While some junk car buyers pay for the towing, others can hide the towing fee in their offers. So, even if a car buyer provides a high initial offer, calculate the cost of towing to know the net profit.

6. Licensed Dealer

Junk car buyers must undergo thorough verification and assessment before receiving a license. Peruse the buyer’s website and online portfolio to check whether they have a valid license. Many states have ways in which people can check the authenticity and validity of a licensed dealer.

7. Mode of Payment

The most common payment methods include bank deposits, cash, and checks. If you want to get your money as quickly as possible, select a junk car buyer that pays cash.

Are you ready to sell your junk vehicle? City Auto Wreckers is here to give you the best offers for your junk vehicle. We will visit you to assess the vehicle and tow it away. Contact us to get started.

A couple of things that set the professionals of City Auto Wreckers apart from other salvage yards is that we follow all EPA and environmental standards to help keep the environment healthy. In addition, we do the right thing with your title so that you won’t be legally culpable for any issues.

Come to the professionals at City Auto Wreckers for the best experience in salvaging your vehicle. Contact us today at 800-898-2489, extension 225 to junk your car.