How to sell a wrecked car
You may be thinking that no one will be interested in buying wrecked and damaged cars. However, you are definitely far from the truth. There are many people and companies that specialize in this type of operation because it is profitable.
Learn how to sell a wrecked car with the methods below and get your cash back. One of the methods to sell a damaged car for more money is to sell it yourself and not through an agent.
Why not have an agent to sell you? Although the agent takes care of every detail of the sales process, they will charge you a commission. Since the salvaged car will not sell for a large amount, the cash you received from the sales of your junk car will be even less.
There are several options for selling your wrecked car. Keep reading to know more.
Post an ad to sell a wrecked car
Post an ad that you’ve wrecked a car to sell on Craigslist. Post the details and be honest with what happened to the car and the reasons for selling the damaged car.
Alternatively, you can post your damaged car ads on car related forums. This will ensure that you have the target crowd to buy your wrecked car. However, while posting on car forums, do not spam your ads, as spammers are not welcome on the forum. And post the ads in the related category in the forum, such as “Buy / Sell” category.
If paper advertising is cheap in your area, consider placing an ad in local newspapers for a couple of days to raise awareness.
Selling a wrecked car through auctions
There are companies that allow you to list your car and sell it for a small fee. Do a Google search for “car auction company” and you will likely find several websites for you to list and sell your car.
You can list your damaged engines on eBay, which is an extremely popular online auction site.
If you’re wondering what the difference is between auction companies and an agent, they basically work the same way, they earn by charging commissions on their sales. However, the differences lie in the sale price of your wreck. With auctions, you can set your minimum selling price.
You are not limited to an auto auction company to sell your car. You are allowed to find several different companies and this greatly increases your chances of selling your junk car, due to increased exposure.
However, with an agent, you are generally required to sign a contract giving you the exclusivity to sell your car within 2-6 months. During this period, only he can sell your car for you. If you try to sell your shock motor yourself, you will have to pay a penalty for breaching the contract.
Selling a wrecked car to a junkyard
This is the last resort to consider if the above methods fail to sell your discarded engines.
As the money received for selling your junk car is much less than the methods mentioned above. This is recommended only as a last resort if you cannot sell your car.
Make a couple of phone calls to the junkyards in your area to get the best sale price for your salvage car. After you get the best quote, make arrangements with the company to have your crashed car towed within 2 days.