Selling an old used car can feel like a hassle.
You want to get rid of it as soon as possible, but you also want to make it worth your time.
It’s important to get rid of the car in a sustainable way since only 85% of a used vehicle is recyclable. One gallon of gasoline is enough to contaminate 750,000 gallons of drinking water.
If you are wondering how to get rid of an old car, keep reading to discover five tips for getting rid of a vehicle.
1. Sell It Off
This is one of the most common ways of getting rid of a car. Selling it off can be a quick and easy process, depending on the vehicle and the market.
There are a few ways you can go about selling an old car:
- Sell it to the dealership
- Sell it to a private individual
Selling an old car to a dealership is one of the quickest methods of disposing of a vehicle, but gives you a limited upside in terms of the money you will receive. Most dealerships will give you less money because they are buying the car in hopes of selling it for more.
Selling to a private individual is another good option. Typically you can expect to make a little bit more this way, but it will take more time to find a buyer.
2. Junk It
If your car is beyond repairing and you are looking to get rid of it quickly, junking it may be the way to go for you.
Most companies will give you cash for junk cars. Going this route also gives you the option to have it towed for free and out of your sight for good.
3. Trade It In
Trading your old used car is a good idea as it is a fast way of selling it.
If you are looking to buy a newer car, trading it in can be worth it to give you some money for a down payment or take a good amount off of the total.
Depending on the condition of your vehicle, how many miles you have, and if any repairs are needed, will go into how much money the dealer will be willing to give you for your trade-in.
4. Sell Parts
If you have some basic automotive knowledge and understand how to take apart a car, then you may be better off selling individual parts of the vehicle for a profit.
This is especially true if the car is no longer running or is need of significant repairs.
5. Donate It
If it comes down to it and you need to get rid of the car, you can always donate it.
Donating your vehicle to charity does come with benefits, such as being a tax write off.
You can also consider donating to someone who needs the vehicle.
Final Thoughts on How to Get Rid of an Old Car
Understanding how to get rid of an old car depends on the situation you are in, as well as the condition of your vehicle. If you are looking just to get rid of it fast and receive some money in return, consider junking it.
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