What to Do With a Car That Doesn’t Run

You love your car, and you hate to see it sit in your driveway all run down and dilapidated. At the same time, you know that repairing it would cost too much and simply wouldn’t be worth the investment.

So why let it sit there and rot when you can get money for your old vehicle?

Yes, as strange as it may seem, there are plenty of ways to make money off of your old car. Here are some tips on what to do with a car that doesn’t run.

Junk It

You’re tired of your broken down car and you’re looking to get it out of your driveway. The quickest solution is to research your local junkyards.

People will pay top dollar for your old hunk of junk, even if it doesn’t work anymore.

The best part is that junk car buyers take care of the details so you can sit back and relax. You tell them about your vehicle, they arrange for pickup and payment.

Before you know it, you’ll have cash in your pocket and free space in your driveway.

Plus, up to 80% of a car can be recycled, so you can feel good about selling to a junkyard.

Scrap Its Parts

While junkyard owners are happy to pick up your old clunker, you might want to think twice before letting them haul away your vehicle. Certain parts of your car may be worth more money than the body!

As such, you’ll want to take out some of these valuable items before junking your vehicle. Parts to scrap include:

  • Engine
  • Battery
  • Alternator
  • Radiator
  • Catalytic converter
  • Filters

Notice anything these parts share in common?

They tend to be the most expensive parts to buy! Which makes them the perfect parts to sell, either to private owners or body shops.

If you have the time and means to do so, you may also want to remove your tires and rims, as used tires fetch a surprisingly high price.

Sell it As-Is

If you’d rather not break your car down or sell it to a junkyard, there are plenty of private buyers willing to take it off of your hands.

However, private sales come with unique pros and cons. While you can potentially get more money for your vehicle, selling to a private buyer might take longer than taking your car to a junkyard. You may also have to cover the cost of towing.

It all comes down to how long you’re willing to wait to get paid.

If you do choose to go this route, make life easier on yourself and your buyer by keeping track of the tag, registration, and keys. Likewise, you’ll want to create a bill of sale to document the transaction. Even if you trust the buyer, it’s good to have just in case.

What to Do with a Car That Doesn’t Run: Get the Most for Your Junker

When it comes to what to do with a car that doesn’t run, these three options are your best bets.

So what are you waiting for? It’s time to make some money off of your old car!

For more tips and tricks on maximizing your finances, be sure to check out our blog.