Posted On January 17, 2017
The automobile industry continues to witness a phenomenal growth as the number of citizens owning cars continue to rise. But with this, it is also sufficient to say that there is an increase in the number of cars which are not being used, either because they are worn out beyond repair or they are old and the owners prefer to use the newer models.
Unknown to many Australians, such cars are left collecting rust in the yards, yet they can become awesome sources of income, only if their owners knew how to turn them into cash.
If you have a clunker, or an old car lying around, below are some of the ways you can use to make money from them:
If your car is in a very bad shape and has been completely written off, parting it out then selling it to the junkyards would be one of the ways to get cash from it. Some people would prefer to sell the entire car to the junkyards, but if you can tear it apart, piece by piece, you will probably make more money.
If parting out the car seems seem expensive and arduous, the next best alternative to get cash from your completely grounded car is to scrap it. There are several car removal companies, as well as junkyards, in Melbourne who would be willing to accept your car in whatever condition and pay you handsomely for it.
However, before scrapping it, however, be sure to do some research and work with a reputable company that will give you a value commensurate to the exact condition of your car. Some companies will offer a flat rate for all types of cars while others might have other considerations in determining the price. Also find out if taking the car to them will fetch you more money than them coming to pick the car from your parking.
In the event that the car is still in a working condition and you would like to exchange it for cash, you can always sell it through dealers or directly to individuals. Such cars are likely to fetch higher than complete write offs, and it is imperative for you to do your research so that you sell it to the right dealers or individuals who will guarantee you a great deal. On the other hand, if you are not interested in the money, you can use the car as a trade-in to get a newer one to help you offset part of the cost.
Hopefully, these methods give you an idea on how you can make money from your old cars. However, with any of them, you must never throw caution to the wind and fail to do your research if you want a better deal. You can also confer with the experts so that you can get good advice on how to make the most from your old car.
Call 0422 999 605 for more tips.