How Can I Sell My Chevrolet for Scrap?
Your car has reached the end of its useful life, and now it’s taking up a parking spot. One glance at it and you know that it’s worth a fraction of what you paid for it, but you can still convert it into cash. What is the best way to sell a junk or scrap car? Should you sell it privately, sell it for scrap metal, or trade it in at a dealership? And how do you know what a good price is?
You have options to sell a junk car, but which choice is best for you? Let’s check out the possibilities.
- If you are short on time, you should call a ‘cash for cars’ service or a junk car removal provider. You might be giving up a portion of the proceeds of the sale but you’ll be able to sell your car quickly.
- If you’re planning on purchasing another vehicle from a dealership, you should look into trading it in at the dealer. Your trade-in value might be lower than you’d like, however, you’ll save the taxes on the value of your trade-in. Plus, you could be eligible for additional incentives from the manufacturer.
- If your newer car is damaged or it’s a vehicle the dealership could potentially wholesale or retail, you could sell it to the dealership. Unlike a trade-in, there aren’t any added tax benefits for selling your vehicle to the dealer.
- If you have time and patience to advertise your car, you may be able to command a higher price by selling your car privately. This isn’t a bad place to start and if you don’t get any takers you can still call a ‘cash for cars’ service to haul it away.