Thinking about scrapping your car? Well, it’s best not to think too little or too much. If you’re getting rid of your car, you should do it in a way that benefits you the most.
And to do that, you need to know when is the right time to scrap your car or whether it should be scrapped in the first place. In this article, that’s what we will guide you through.
Should you scrap your car?
Whether you should scrap your car or not is not an easy decision to make. If you want to get rid of a car, either because you don’t use it anymore, because you want to buy a new car, or because it’s damaged, you have plenty of options. You could sell it to a buyer, trade it, or get a dealer.
But whether you should scrap it or not is an important factor to consider. For one, selling to wreckers is the fastest, safest, and most convenient option compared to all other options. To add to it, car wreckers recycle cars in an environmentally friendly way, and this can be your small contribution to the world.
So it is encouraged to sell your cars to car wreckers. However, there are some situations when that will not be the most profitable option. Especially if your car is still in fairly good condition and most parts are intact. After all, most car wreckers will pay you up to $12,000, when the car might still have a much higher value. In those cases, you should just go through the trouble of finding a buyer.
How to know when you should scrap your car?
If you have decided to scrap your car, there’s a chance of it being a hasty decision. Maybe it’s not the right time to scrap it yet. Here are some things you could consider to know if it’s the wrong time to scrap the car:
If the car is still repairable
If your car is still in fairly good shape and needs some small repairs, it might be more profitable in the long run to just get the repairs done instead of outright selling it. But if repairs are too costly, just scrap it for free and get instant cash.
If the wreckers offer you a low-value
It’s easy to find an approximate value of your car online if you enter information related to its condition. Before contacting the wreckers, you should know the value first and not settle for anything lower than it.
If most parts are still intact
A car might not run properly due to internal problems but still have parts in top condition. In that case, it might be better to sell the intact parts separately and scrap what remains. But if they’re not in such good condition, you can sell them to wreckers who will repair them themselves before reselling them.