Despite what many people may think, vehicles continue to have a lot of value even after they’ve stopped running. Self-service salvage yards in Florida are a valuable resource for others to find needed parts to either repair or restore other vehicles. But before you take any amount of money, here are some things you should know to make sure you get your car appraised fairly when you’re looking to get cash for your junk car.
Evaluate All the Parts
Just because your vehicle isn’t running anymore, doesn’t mean there aren’t valuable parts that do work. Good tires, transmissions, alternators, engines, GPS systems, and many other parts may not be of use to you in a vehicle that doesn’t work, but they can be extremely valuable to others perusing the salvage yard. Take down a complete inventory to show the salvage yard when having the car appraised.
In general, it’s suggested that subtracting 40-50% of the car’s retail cost can give you a ballpark figure of what to expect. For a more accurate estimate, you can find the Blue Book value for differing conditions and subtract the cost of the repairs that would be necessary to get the vehicle into that specific condition.
Appraisal and Sale
Before you bring the vehicle or have it picked up, have the title in hand and get all your personal items out of the vehicle, including the license plates. Contact salvage yards and give them all the information you collected on your vehicle so that they can give you an accurate estimate. Once you’ve found the best quote, the salvage yard will most likely be able to come pick it up with a tow truck if you can’t transport it there yourself. You’ll have more cash in your pocket, and the knowledge that your car will provide valuable parts for other vehicles as well.