Buying a new car is an important rite of passage for us. It is very crucial investment decision and you don’t want to lose your hard-earned money. So, even though it is rather tedious, it will definitely help you to narrow down your choices.

One way to get cash for old cars is to do most of the work yourself and then take the car to your local junk yard and sell it to them. If you are familiar with the inner workings of automobiles, this may be the way to go. The main things you need to do is to drain all gas, oil, coolant, and other fluids from the car. Junk yards only take cars with four tires, so make sure you have removed the spare tire. Make sure that if the car is under 10 years old you have the title available to give to the junk yard. Arrange for transport to the junk yard and that is it.

Similarly, you could also junk a car by typically junking it in a junkyard. They accept damaged cars. The good thing with the junkyard is that they pay you according to the weight of your vehicle. That means the heavier the vehicle, the higher the cash and vice versa. Junkyard dealers accept these cars because they sell the auto parts. For them, they don’t see any need for a owner to buy new auto parts when used ones can also do. It is also a better way of junking a car rather than taking it to be of no good use. It is irritating to see a vehicle in your compound every morning, yet it is worthless.

Some companies that deal on junk cars offer you cash for your scrap vehicle more than anyone. Junk car dealers will try their best they can, to pay you the actual amount for your car. Irrespective of the condition of the car, they buy every car for cash. Some of them give excellent customer service to their myriads of friends, and they have a team of seasoned professionals. If the vehicle is not in a good condition, they will enhance it by replacing the rusted or worn out parts. Then they will resell your car to someone who wants to buy a second-hand car. If the cost of repairing the car is more than the cost of the car or almost the same with the cost of it, they will then sell the car as a scrap.

buy junk cars When it comes to selling junk cars, then there are two choices. You may either place your quote online or you sell it using traditional means. I am talking about placing ads in newspapers and contacting car dismantling companies. I personally suggest using online means for selling your old car, as online car dealers offer better prices.

True: in this depressed economy, many people are liquidating assets. However, the average person takes anywhere from 3 to 5 years to pay off for their vehicle. Unless the seller had more than one, or the vehicle had very low mileage, or is a classic car, you might be looking at a 5-year car with many worn parts. However, if you know the owner, his/her driving and or car-care habits, that is a completely different matter.