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 trading 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 sell for you? Although every detail in the sales process is handled by the agent, they will charge you a commission. Since the salvaged car will not sell for a high amount, the cash you received from the sales of your junk car will be even less.
There are several options for you to sell your wrecked car. Keep reading to know more.
Post an ad to sell a wrecked car
Post an ad that you wrecked a car to sell on Craigslist. Please post 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, when posting on auto forums, please do not spam your ads, as spammers are not welcome on the forum. And post the announcements in the related category on the forum, such as “Buy/Sell” category.
If print advertising is cheap in your area, consider placing an ad in a local newspaper for a couple of days to raise awareness.
Selling a wrecked car through auctions
There are companies that allow you to list your car with them and sell it for a small fee. Do a Google search for “auto auction company” and you’ll likely find several websites to list and sell your car.
You can list your wrecked engines on eBay, which is a very popular online auction site.
If you’re wondering what’s the difference between auction companies and an agent, they basically work the same way, they earn by taking commission from your sales. However, the differences lie in the sale price of their shipwreck. With auctions, you can set your minimum sale price.
You are not limited to one 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 the increased exposure.
However, with an agent, you usually have to sign a contract to give him 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 his crashed engine yourself, he must pay a fine for breaking the contract.
Selling a wrecked car to junkyards
This is the last resort to consider if the above methods fail to sell your junked motors.
As the money received for selling your junked car is much lower than the methods mentioned above. This is recommended only as a last resort if you are unable to sell your car.
Make a few phone calls to salvage yards in your area to get the best asking price for your salvage car. After you get the best quote, arrange with the company to have your wrecked car towed within 2 days.
