4 Ways To Get Instant Cash For Your Old Car

That car you don’t use anymore, which has been sitting in your garage for many years now collecting dust and taking up storage space can actually be your ticket to quick cash. There is a market available for such used cars, no matter if they are running or not.

In fact, one of the biggest mistakes car owners make when they have an old car is they rush to get rid of it. Instead, you can take it to a scrapyard and sell it for cash, do a trade-in with a dealership, or give it to charity. There are many great options that offer a better and even a higher return.

To help you along, we have outlined four ways you can get instant cash for your beater car.

Photo by Martin Katler from Unsplash

Take the car to a scrapyard

Recently, one of the most popular options is to take your vehicle to a scrapyard. These scrapyards can salvage your used car by taking different parts and giving you money for it. There are also some scrapyard companies that offer towing services in case your car cannot be moved.

For example, if you live in Texas, you should look for the nearest scrapyard where you can get a handful of cash for junk car in San Antonio to help you get rid of your dilapidated vehicle. This is a very simple process that allows you to get rid of your old vehicle fast and easily while making great money along the way.

Trade in your old car

Some car dealers will offer instant cash for old, used cars. Many of these dealers may even offer you a swap deal where you can swap your old car and get a new one in the process. The money you receive for your clunker can be added to the deal to purchase the new vehicle at a lower price.

However, it is important to note that most car dealers are mainly interested in new cars, so they might not offer you the best deal. This simply means you might not get the full value of your car even with a swap deal.

Sell to a private individual

For instant cash, you can also sell your car to a private individual. You’d be surprised to learn that there are people who are willing to pay a lot for an old car. While some of them are car enthusiasts that buy old cars to add them to their collection, others do it because they cannot afford to buy a new vehicle. No matter what the reason is, there will always be someone who is willing to pay a good value for your old beater. 

However, if you choose this option, you should know that you will have to go through the selling process all by yourself, from advertising the car to showing it to interested parties.

Turn it into a vintage vehicle

If your old car is running and in good condition, you could easily get instant cash by turning it into a vintage vehicle. This is an excellent option if you are a car enthusiast or have extra time and money to invest in restoring your car.

Even if you don’t, you can take the car to specialized car restoration shops that will help you transform your car into a vintage car. Then, you can offer your car for sale to other car enthusiasts or anyone else interested in buying such cars.

You can also consider donating it to a museum. This is a great way for you to make some extra cash, while also keeping a wonderful memory of your car.

Photo by Theodor Vasile from Unsplash

Conclusion

Selling an old, used car and getting a handful of cash along the way is easier these days. Whether you are selling it to a scrapyard, taking it to a dealer, or flipping it, there are plenty of alternative options that will help you get instant cash for your old vehicle. You can even sell it yourself to a private individual and make a great return on investment on it.

Either way, the key is to choose the option that best suits you and will bring you the most profit in the end. If you want to know more about it, be sure to refer to our post and learn how to get instant cash for your old car.