
You can sell a broken car quickly and profitably if you do everything according to a clear scheme. To avoid being at a loss, one should not ignore the procedure for evaluating a car and forget about proper advertising and pre-sale preparation of a car. Our instructions will allow you to understand how best to sell the vehicle – after restoration, in its current state, or disassembled for spare parts.
You can sell a car on your own if you take on the assessment, search for buyers, show a dead car, paperwork, etc. This will require a fair amount of time, which is sometimes extremely unprofitable for a working person. In addition, due to ignorance of the features of repurchasing vehicles, there is a risk of making mistakes, and running into deception.
Also, you can avoid all the hustle by contacting a reliable junk car buyer, namely JunkCarsUs, that will buy your junk and take care of it, covering all the legal aspects of the procedure. In addition, you will not have any problems with cash for junk cars.
How to sell a junk car without repair?
The option of selling a vehicle without repair is simple, but also the most unprofitable. You don’t need to spend time and effort on restoration, you can put the car up for sale right away. But since the buyer will have to put the car in order himself (or disassemble it, if we are talking about handing over the vehicle for spare parts), they expect a reduced cost.
The sale of a junk car is carried out according to the scheme:
- Machine appraisal.
- Placement of advertisements (announcements of sale).
- Showing cars to potential buyers. Price negotiation with a person interested in buying a used car.
- Deregistration, paperwork, contract signing.
- Receipt of money and transfer of rights to the car.
Junk cars valuation
Before selling a car after an accident, an expert assessment should be carried out. This will allow you to understand the best way to sell a car. The main thing is that the real amount that can be obtained for a specific car with defects will be announced.
The evaluation procedure is carried out in the following sequence:
- Collecting information about the car (model, year of manufacture, modifications, etc.).
- External inspection of the car and fixation of all external damage.
- Technical inspection of the machine and fixation of all non-working elements.
- Evaluation according to one of the generally accepted methods (at the residual price, current cost, or by comparative analysis).
- The issuance of an assessment result with a specific vehicle value is an official document, you can even go to court with it.
Estimating the amount of cash for a junk car is a quick procedure and takes only a few hours. The prices for the services of JunkCarsUs professional experts vary depending on the specific car.
Residual price
The cost is determined according to the formula: “The original price of the car that the owner paid upon purchase” – “% depreciation (~ 5% for each year of use) – “The cost of parts that became unusable after an accident.” If the parts are not completely damaged but only have defects (for example, the bumper has chips and scratches), then the repair costs that the next owner of the vehicle will hypothetically incur are deducted.
At current cost
This method is similar to the previous one. Only in the formula, the subtraction is made not from the price of the car that the owner paid when buying, but from the market value of a similar vehicle that is valid at the moment. As a rule, this method is used by independent appraisers, and the previous option is more beneficial for car owners.
Comparative analysis
The easiest assessment method that each owner can carry out independently. Similar cars (of the same brand, year of manufacture, and in a similar condition) presented on the secondary market of a particular region are taken as a guideline. 10-15 similar offers are searched, and the average cost is calculated.
Documents you need
When selling a car after an accident, the seller must provide JunkCarsUs (so that the employees, respectively, provide them to the buyer) for verification:
- Identification;
- Title of the car being sold;
- OSAGO, CASCO insurance;
- Deregistration certificate.
After checking the listed documents, the parties sign an agreement on the purchase of vehicles. After that, the seller receives the money (by bank transfer or immediately on hand (cash)), and the company takes the car and then transfers it to the buyer.
How to sell a car restored after an accident
Selling a repaired car is easier than selling cars that are not running. True, it is important to comply with the conditions:
You will have to reduce the price since no one will agree to buy a restored car at the same cost as a car that has never been in an accident. The only time this is justified is for rare cars that are rarely put up for sale.
Honestly tell the company and the potential buyer about the repair (list what parts were restored). Suppression of information is tantamount to fraud, the buyer can then request the annulment of the transaction.
Do not forget about the pre-sale preparation of cars that have been in an accident before. This service is provided in many service and repair centers. It is also called auto aesthetics and includes:
- thorough washing; interior dry cleaning;
- cleaning the body from bituminous, limescale; adding additives to the engine;
- polishing the body with wax products (for extra shine);
- paintless dent removal with the use of a rust converter, allows you to remove traces of corrosion on the body.
How to sell a wrecked car
If you decide to sell a faulty car after an accident for scrap metal, then the transaction will be carried out through a sale and purchase agreement in 2-3 days. JunkCarsUs buys emergency vehicles of all models, with any mileage, year of assembly, or degree of damage. The company assumes additional costs, so the organization pays for the evacuation from the place of storage of the vehicle.