Like most things, cars also have a limited lifespan. So what do you do with your car when you are no longer using it? Depending on the state the car is currently in, there are a number of things you can do to get the best out of your car, despite its old age. The good news is that in most cases, you can still get some money from the car. This may be preferred if the cost of repair is too high or if the vehicle is damaged beyond repair. You can then put the money towards the purchase of a new one. Here are things that you can consider doing with your old car.
This is the first thing that should come to your mind each time you think about that old car in your backyard. Surprisingly enough, you can still fetch a good amount of money from selling your old car. There are various sites that you can use to market your car. If it’s a classic, there is a high chance that it will be bought almost immediately. There are dealers all over the world who collect old classic cars, so if you have one, this is the best way to get rid of it. Caution should, however, be taken when posting your car on any of these sites, as some may turn out to be run by fraudsters who may extort you. This is mostly a good way to get cash for cars, however.
Trade it in
The other thing that you can do is to carry out trade-ins, most likely with a trusted car dealer. With this arrangement, you will be able to get a good price for the new car that you are buying. The idea behind a trade is that the old car will be used to pay part of the fee that is required to get the new car. If you go to a good dealer, you will get outstanding price reductions, and on top of that, you will have exchanged your old car with a brand new car.
Sell the Parts
In some cases, the car may be so damaged or old to the point that selling it as a complete package may not be possible. The best way to go about this is to sell the car as separate parts. Various dealers specialise in acquiring car parts in exchange for a fee. This can mainly come in handy in cases where some parts of the car are still in good condition. Components such as the engine are known to be long-lasting. If adequately preserved, you can get a good amount of cash from the sale.
Cars are made of recyclable metals. You can take advantage of this by taking your vehicle to a recycling yard. There are so many recycling companies that are just waiting to get their hands on old and rusty cars. The best part is that they take your car and at the same time pay you for the product you just delivered. Most recycling companies do personal pick-ups so you won’t have to worry about providing the car to them yourself. All you have to do is make a call to schedule a pick-up appointment for your car removal.
Give the car away
There is always the option of donating your car to a charitable organisation or giving it to a family member. This may not involve any monetary profit, but at the end of the day, you will have found some purpose for your car. Before giving your car away, ensure that it is in good condition. If not, you can give the person receiving it a prior warning about the situation of the vehicle.