How to Make Money By Selling Used Cars?
Some people scrap used cars themselves to get a return on the money they spend on vehicles. The process can be very long and tedious, but rewarding if you have the space and tools to do such a job.
However, for most of us, we don’t have the space or time to devote to DIY car scrapping in Toronto and the GTA. Not to mention, the tools needed to recycle used vehicles can be quite expensive, require maintenance, and may require training to learn how to operate and use properly.
A much better solution you can use to make money selling used cars is to rely on a professional auto recycling company in Toronto, like us at Auto Scrappers. Not only is it faster, but it also costs less to start selling used cars for scrap since you don’t need the extra space, special tools or skills.
Step 1: Learn to value old cars.
Before buying used cars, you need to know how much they cost. It is necessary to take into account the year, make, model and conditions. For example, you may notice that your neighbor has an old car in the driveway.
After asking your neighbor for information, you find that the car no longer works and has all kinds of mechanical problems. Still, your neighbor doesn’t know what to do to get rid of the car. Once you have the make, model and year of the vehicle, you can get a purchase quote from our car recycling company.
Using this quote, you can then make an offer to buy the car from your neighbor, then turn around and sell it to us to earn a profit.
Step 2: Make sure the car titles are clear and free.
You can’t buy and sell used cars to an auto recycling company if the title isn’t clear and free. Going back to our example, your neighbor would have to sign your car title so you can put it in your name. So once it is, you will sign it to us. There can be no pending privileges on the title and the title must be in the seller’s name.
Step 3: Prepare the car for pickup.
Make sure you go through the vehicle and clean up any personal belongings you wish to keep. When the tow truck driver arrives, give them the keys and the clear and free title which is in your name. In return, cash is delivered to you on the spot and the vehicle is taken away for recycling.
As you can see, there are only three simple steps to selling used cars to our Toronto auto recycling company. If you are ready to start putting money in your pocket, contact Auto Scrappers now! We are also available in North York and Mississauga.
We offer cash for scrap and unwanted vehicles, we always pay in cash and never charge hidden costs. Find out how much your used car is worth by filling out our online quote request form or by calling us