3 Must-Do Things for a Stress-Free Junk Car Selling Experience
Is your car very unsafe to drive along the road? Is it missing vital components, or have you repaired it a million times until it's now unrepairable? For such a car, the cost of repairing it might exceed its overall worth. If you find yourself stuck with such a wreck, the best thing you can do is to send it to a junk car buyer and earn some money from it.
However, it would help if you considered some essential things to make the most out of your junk vehicle. This post shares four must-do things to have a stress-free experience selling your car. Read on to learn more.
1. Prepare Your Paperwork If You Have It
Some junk car buyers will allow you to sell your junk car without any titles, while others won't. Some will ask for specific documents as proof of ownership to facilitate the transfer process. For example, a junk car buyer might ask you for the Certificate of Registration and Vehicle Identification Number to ascertain that you're the car's rightful owner.
Luckily, if you don't have these documents in your possession, you can still apply for fresh ones from your state's Department of Motor Vehicles (DMV). After organizing the necessary papers, strip off the license plates since these plates don't go out of commission. Other documentation a junk car buyer might require include a lien sale document or junk car certificate from the DMV.
2. Cancel Your Auto Insurance Policy
Before disposing of your car, it's imperative to cancel your auto insurance policy. But you must follow the correct procedure to terminate your insurance policy successfully. First, inform your insurance carrier, who will initiate the cancellation process. Some carriers might require you to send an official email or sign a declaration to authorize the cancellation.
Most importantly, ask your insurer to furnish you with your car insurance policy certificate, that's crucial when applying for a new auto insurance coverage. If your policy still has some time left, and you've cleared your annual premiums, ask for a refund. Lastly, your insurer will advise whether it's possible to transfer the old insurance policy to your next vehicle.
3. Find a Licensed Junk Car Buyer
Dealing with an unlicensed junk car buyer is a considerable risk. Therefore, before agreeing to any junk car sale deal, ensure that the junk car buyer you want to work with has an active license. Even if the junk car buyer offers the best deal for your car, don't fall for this if they’re unlicensed.
Failure to observe this can expose you to grave consequences. For example, unlicensed junk car buyers can cause significant environmental pollution since they're unregulated. They might accidentally release toxic substances, including lead batteries, mercury, and chlorofluorocarbons, that can cause health problems. Therefore, only sell your car to licensed and regulated junk car buyers to avoid getting into trouble with the law.
Selling your junk car shouldn't be a challenge if you follow these three tips. Work with a reputable junk car service provider like Cash for Cars to get a better deal for your junk car. Contact us today if you are ready to convert that old junk car into some extra bucks!
