How to Junk a Car for Cash

That old clunker you have in the side yard may not at all run again. Its engine is blast; its transmission is suspect and the suspension system rasps and groans. You won’t be pouring a cent into it, but you can make some cash by scrapping it.

Let’s take a look at how you can turn what appears to be a valueless clunker into something of value:

1. Find your car title — Before you can junk your car, you’ll need to find your car title. No salvage yard will take your car devoid of one that you’ll sign over to them. If your title is missing, you’ll need to call your DMV to issue a new one. Fill out the proper forms and pay the fee.

2. Determine its value — No car is completely valueless as some of its parts can be reused in other cars.

3. Contact local salvage yards — Plan to contact as many as three nearby junk yards or car recycling businesses to gauge interest in your vehicle. Truthfully describe what is wrong with it including damages and why it does not run.

4. Make an appointment — If junk car yard near me makes an adequate offer for your vehicle, then make an appointment to drop it off. If it isn’t travelable, the yard may send out a tow truck to take it away. A car that has to be towed will be worth less as it will cost the junk yard more money to get your vehicle. If your car is not travelable, but can be pulled to a junk yard, then think about doing the job yourself.

Complete the move of ownership by transferring title and getting a bill of sale. Agree to payment for your car and notify the Department of Motor Vehicle once the contract has been completed.

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