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How Much Should I Expect to Spend on My Junk Car?

A junk car can be any vehicle that is old, not working, or otherwise not useful to you. For some people, the term “junk car” carries a negative connotation. A junk car typically means there is something wrong with it and it no longer runs properly or comes with traditional auto parts like tires and windshields.

If it’s been sitting in the garage for months, it might be time to think about getting rid of it. There are many ways to get rid of your old Junker, and some may even make you money. Here are four ideas for turning cash for cars Melbourne:

Sell it for parts

Sell it for parts

If your car door is coming off and the engine has some holes in it, then you cannot sell it or drive it anymore. However, it’s still possible to make money by selling the parts that are in good condition. For example, if your car has a roof and four tires, then somebody might buy those from you regardless of what else is wrong with the car.

Sell it on Craigslist or eBay

These two sites allow people across the country (and even around the world) to browse through listings of used cars for sale. There is no guarantee that anybody will want to buy your listing, but you can put up as many as you want and sometimes it can be quite profitable. For example, if your car has a broken engine but still runs on four wheels, then you might put up an ad and somebody from out-of-state might buy it.

Sell it to a junkyard

Sell it to a junkyard

These are easy money, but they usually require you to tow the vehicle there yourself. You’ll get less money this way than by selling parts individually (see number one above), but if your entire car is irreparable, then going this route may be more convenient. It takes time to load up all of that junk onto the back of a trailer and take it across town.

Donate it to charity

If your car is still getting you from point A to point B, then it might be worthwhile to donate the vehicle if you can take the deduction on your taxes. Since the car’s value went down significantly after you owned it (due to age and wear), then donating the car will allow you a nice tax write-off (up to almost 5 thousand dollars). Keep in mind that this only works if there is a charity that actually wants a junked vehicle, so calling around might be necessary first.

Final Thought

Hopefully, these four ideas have given you some clear direction about what to do with your old Junkers. If not, call around and see who’ll give you an easy price for either parts or scrap metal those are the easiest and fastest ways to sell your junk cars.