If your car unexpectedly breaks and is too expensive to fix, you have several options for getting it off your hands. Whether you’re looking to get rid of your vehicle as fast as possible or get the most money back, here are four alternatives to consider.
Sell It to a Salvage Yard
One of the quickest ways to quickly get rid of your car with cash in hand is to sell it to a salvage yard. Often, cash for junk cars md services involves towing the car and handling some of the paperwork for you. While you may not get the most money possible this way, it is a no-hassle method that requires that least amount of time and effort to complete.
Part It Out
If you know for certain your car has no chance of ever getting fixed, dismantling it and selling individual parts is a good way to get the most money possible from it. You can either list the car as a whole and indicate which parts are still functioning or make individual posts for each part you want to sell.
Donate It to a Charity
There are several charities that are willing to take your used car and either fix it or sell it for parts. Some programs may gift your used car if repairable to someone who needs it or use the cash for a good cause. This donation qualifies for a tax deduction.
Sell It to a Private Owner
While it is sometimes difficult to sell a car that won’t function online, if there is any possibility that the car can be fixed, there are often people looking for inexpensive cars to repair and either keep or sell for a profit. If you decide to go this route, it is a good idea to find out the market value of the car first.