Yes you can sell your car to your friend, however legally they cannot just take over your loan for you. They would have to go out and get their own loan to buy your car so you can pay off your loan.

Any random guy can start buying junk cars. You could even do it if you wanted to. So in order to get the best deal for your car, you want to eliminate as many middle men as possible. The best way to do this is to investigate their business. If they only have an ad on Craigslist…then they are probably at the bottom of the junk car food chain.

The junk vehicles are mostly used in recycling the metal present its body or it is used in the manufacturing of other automobiles. The dealers make a lot of money through the metal and the junk parts that are recycled in the process.

junkyards in murfreesboro tennessee Imagine if you found out at 8 pm today that you absolutely have come up with $8000 by tomorrow morning at 10 am, and selling your car is the only way you can do it. Talk about pressure! Do you think you will get a fair price? Absolutely not!

Fixing and reselling – If your car is not extremely damaged, it is likely that the automotive company buying it will try to fix it. Naturally, the value of such cars is very low. However, in some cases, old cars are entirely fixed by upgrading the parts and renewing the paint. Such cars are then shipped abroad as ‘reconditioned cars’. Naturally, the process involves a lot of investment, especially if the cars being worked on are really old and worn out.

Make a deal. Whether sold to a private party or to a salvage yard, you’ll want to strike a deal. Come up with a price that satisfies both parties and complete the transaction. Likely, you’ll have to sign a lien release and you’ll also have to sign over the title. Remove the license plates, registration, insurance information and your personal effects. Accept a check or cash for your car.

The entire transaction does not take time and once the price is fixed, the junk car is removed from the premises and you receive cash immediately. Regardless of the age of the car, you can benefit with good money. Assessment is done really fast as these individuals who make regular inspections are able to speed up the transaction. The money offered is very decent as they make more when they break and strip the cars. The entire process takes place hassle-free and the family members are not disturbed during the entire transaction.

Getting someone else to sell my car is a great way to avoid a lot of hassle. I might not get quite as much as selling privately but there are some companies that have impressive rates for cash for cars.

In summary, if you total up all the low numbers it works out to be $144.00 totaling the high numbers equals $333.00. If you are good, and can strip a car down in about an hour or so that is nice return on your time.