Posts made in October 2017

The Headache of Selling Privately

Your car reaches it’s golden years.  Or maybe you got in a wreck.  Now what?  Do you sell your car by owner, on the internet, or try “cash for cars” sites?  Here is some insight from my own personal, TERRIBLE, experience:

Selling on your own might get you a slightly higher price but at what cost?

Let’s explore some of the negatives:

  • Having unknown people come to your home
    • Now they know where you live
    • Return if something is wrong
    • Cause headaches (like a brick through your window!)
  • The car might sit for months, furthering the decrease in value as the market continue to go down.
  • How much is your time worth?
    • Broken appointments, no shows, etc… just another headache!
  • Figuring out the paperwork
    • And then more paperwork!
  • Those shady individuals mentioned above, they’re about to drive off for a test drive with:
    • You plates on the car
    • Your registration
    • Your insurance
    • Or do you remove all that and hope for the best?
  • Once they buy your car, what do they do with it?
    • I ended up with almost $1,000 in tickets that I was responsible for since it sat on the side of the road!

A friend of mine learned from my mistakes and called a “Cash for Cars” website.  The car was picked up within 24 hours, the money was exchanged on the spot with ZERO headaches!

What to consider when your car is no longer roadworthy!

Your vehicle can still be worth some money even when it’s:

  • Broken down
  • Old and dilapidated
  • If the repairs to fix it are worth more than the vehicle
  • Damaged

Here’s what you may want to consider:

  • Are you willing to put in some time and effort to get more money from the car?
  • Do you really have the space to store the car or its components until they sell?
  • Do you just want it gone as quickly as possible?

Knowing your time and space limitations will give you a good idea of what method to explore to get rid of your junk car.