Should you repair or sell, and who can you sell a scrap car to? If you’re trying to turn an unwanted car from a burden to an asset, read on to find out how.
Claim Insurance to Repair the Car
If you have vehicle insurance, you can claim the insurance to repair your car.
However, an extra consideration to think about is that claiming damages on your vehicle insurance scheme may raise your rates for insurance in the future.
Though the potential impact may be small, if there is extensive damage to the car or the car wasn’t worth so much to begin with, you may prefer to not make the claim.
If you do choose to repair the car, it’s best to do so as soon as possible. This way, you can get on top of the smaller maintenance jobs, before they have a chance to snowball into larger and more expensive ones.
Once repaired, you can either keep driving the car or find a new owner for it.
Sell the Damaged Car as Is
What happens if the repair costs will sum to more than the value of the car? The best choice would be to sell the car.
Many car buyers are on the lookout for damaged cars they can buy on the cheap. Essentially, you’re delegating the vehicle repairs to the purchaser. If they have knowledge or connections for car repairs, they can get the car repaired for cheaper than commercial rates.
However, because of this business model, this kind of car buyer will be looking to drive down to the lowest price they can get away with paying you, to maintain their margins.
Sell the Damaged Car as Scrap
Some cars are damaged to such an extent that they can’t reasonably be repaired. In this case, it is better to sell it as a scrap car, so it can be salvaged for car parts.
With a service that offers cash for cars, not only will you receive free towing, but you will recoup the value of your car parts. You will be paid for interior and electrical components as well as the value of the scrap metal.
Free Car Removal for Scrap Cars
If a car isn’t worth repairing and you don’t know how to get rid of it, there is always a buyer who will take the vehicle off your hands – us.
With a service like AB Car Removals, you can get free car removal for an unwanted or scrap car. Even if it has an engine that won’t turn on anymore, we’ll happily buy it off you.
Our mobile team will come to you anywhere in the South-East of Queensland, from Gold Coast to Brisbane to Sunshine Coast.
Ready to get started? Simply fill out our online enquiry form or call us for an instant quote.