It doesn’t mean your car isn’t worth anything just because it’s no longer roadworthy or you want to get rid of it. There’s a chance you can get money for it, no matter how old or run-down it is.
There are many ways to get rid of an automobile (which also includes not getting any money in return), and you can choose the best option for you. The most crucial variables are most likely your financial situation and the condition of your vehicle.
If you’re short on funds and need to get rid of your car, you may want to choose a faster and less expensive option. If, on the other hand, the automobile is in good condition and you have the time to sell it, you may be able to get a higher price. In any event, the methods listed below are excellent ideas to get rid of your car, regardless of its condition.
How to Get Rid of a Car
1. Sell the Vehicle on Your Own
You are responsible for marketing and selling your vehicle directly to the customer if you put it on a site like Craigslist or AutoTrader. The trick is to use Kelley Blue Book’s online valuation tool and compare automobiles on AutoTrader or with the app Vinny, which allows you to scan a vehicle’s VIN barcode and get an estimated value quickly.
Be honest about what your automobile is worth and whatever flaws it may have (or fix it first). You will quickly discover if your quoted price is too high—or the opposite.
2. Trade it
One of the most popular ways of getting rid of an old car is to trade it in. If you’ve paid off your automobile, trading it in when you buy a new one can help you save money.
Before you go to the dealership, look up the value of your car’s make and model on Kelley Blue Book. Knowing how much your car should sell will aid you in the bargaining process and ensure that you get the best deal on your trade-in. Otherwise, you might not receive your money’s worth from your ride, which is a waste.
Getting rid of an old car doesn’t have to be a pain in the neck.
3. Donate the Junk Car to a Charitable Organization
You can give your automobile to a variety of charities that run donation programs. Some of them hire low-wage workers to repair the vehicles and get them back on the road. Others disassemble them for parts or recycle them for cash.
You might think about donating your junk car to a charity that runs a program that allows you to do so. You will get a tax receipt for the fair market value of the car you donate, which you can deduct as a donation on your income tax return.
4. It can be Recycled
So, maybe your old car is a wreck that no longer runs. You may recycle your automobile instead of taking it to a scrap yard, where it will most certainly sit for years and years. What could be more environmentally friendly than going green?
Some programs, such as Green Vehicle Disposal, ensure that your car is disposed of in the most environmentally friendly manner possible. You’ll almost certainly earn some money if you take this option.
5. Get Rid of It (literally)
Junking your car may make sense if you know it needs a lot of repairs and doesn’t have much life left in it. You can engage with a junk removal agency that will pay you for your car and tow it away using a tow truck. Even if you don’t get paid for your automobile, you can lock in the benefit of free towing and get it off your back.
6. Sell to a Dealer
Selling an old car to a dealership is the quickest method to get rid of it. However, dealers may not be prepared to pay fair market value for your car if you take this approach. After all, they aim to purchase your vehicle for a low price, clean it up, and resell it for a profit. Take the time to learn about what different dealers are prepared to pay.
7. Sell it Online
There are several online options for selling your automobile privately these days, which can help with both the listing and the selling process. These sites attract many people to your ad, increasing your chances of getting your asking price.
It will bring customers from beyond your area who would not have noticed a local print ad or a For Sale sign in their car window otherwise. Carvana and Vroom are two examples of internet services that allow you to sell your car quickly and easily.
8. Dismantle the Vehicle and Sell the Individual Parts
In North America, there is a sizable market for old parts. There is a high demand for:
- Radios and power door lock actuators
- Engines and transmissions
- Rims and tires
- Metal body panels
- Side windows and windshields
You can deconstruct your car and sell it in bits if you know how to use a mechanic’s tools. Or contract it.
9. Give it out
Depending on the overall state of your car, you could consider giving it out to a friend or someone who desperately needs a car to help them move around. You would be getting rid of your car and helping someone out in the process. So look around you; you never know who needs what you don’t want anymore.
10. Donate Your Car to a Museum
We mentioned earlier that you could donate your car to a charity that would probably repair and repurpose it. Well, you can also donate to a museum where it would be displayed for guests. If you happen to own an old Corvette you no longer have use for, donating to the Corvette Museum is a viable option.
If you found this helpful, also read 5 ways to tell if your car engine is blown