After a Crash

You May Not Know As Much As You Think You Do About Getting Cash For Junk Cars: Common Myths Exposed

Selling a junk car for cash to a local salvage yard is not a new concept. Consequently, in this day and age, most people feel pretty confident that they know the facts surrounding this process. However, the truth is that the so-called facts many people think they know are actually nothing more than common myths. If you currently believe any of the common myths outlined below, the truth is you may not know quite as much as you think you do about getting cash for junk cars. Don't worry though, by the time you make it to the end of this article you will have all the facts you need. 

Myth: If Your Junk Car Doesn't Run You Will Need To Pay To Have It Towed To The Salvage Yard

This very common myth is one of the primary reasons that many people put off the process of selling their junk cars. After all, the entire point of selling your junk car is to get some much-needed extra cash. If you are going to need to pay for a tow in order to get the vehicle to the salvage yard, the modest amount of cash you will receive is no longer such a big incentive. Thankfully, the idea that you will need to pay for a tow is not based on fact. The fact is that most salvage yards will provide a tow for your vehicle at absolutely no charge to you. 

Myth: You Must Have The Title For The Vehicle In Order To Sell It To A Junkyard 

This myth is a bit different than the other myths described in this article because there was a point in time when this now-common myth was actually fact. For many years, you were required to have the title for your vehicle in order to sell it to a junkyard for cash. Thanks to changing legal requirements, this is no longer true. Nowadays you simply need to be able to prove that you are the owner of the vehicle before you will be able to sell it. This can be done using documents such as your old registration card showing you as the registered owner. You can also choose to complete an affidavit of ownership which essentially allows you to swear under oath that you are in fact the rightful owner of the vehicle.

Myth: All Junk Cars Are Worth The Same Amount Of Money

People can sometimes be reluctant to sell a vehicle to the junkyard simply because they believe that their vehicle should have a higher value due to its condition or aftermarket parts. These individuals simply do not wish to be paid a flat rate for their vehicle based on the value of scrap metal. While it is true that a portion of what determines the value of a junk car is the current value of scrap metal, many junkyards also take other factors into consideration when making an offer to purchase a junk car. For example, vehicles that have aluminum alloy wheels typically fetch a higher price. 

For more information, contact a junkyard, such as Cash for Junk Cars Inc.