Disposing of a car can be a challenging task for many people. However, as old cars depreciate quickly and often become has-beens within a few years after purchase, selling them again or giving them to someone as a gift is not an option. This means that you need to know the best way to dispose of your old car to prevent any depreciation effect on your resale value in the future. There are many ways in which you can get rid of an old vehicle – whether it’s by selling it, donating it or even scrapping it. Here are seven tips on how to dispose of a has-been vehicle in Australia:
Have a Clear Plan On What to Do With the Car Before Selling it
Before you even think of selling your old car, you must plan what to do with it. This means determining your budget and deciding on the best way to dispose of your car following your budget. You can sell your vehicle privately, but if you are not comfortable with this, you can always sell it to a dealership or an auction house. You can donate your car to charity or sell it for parts instead.
Check And See If the Car is Still in Good Condition
Before you even think of selling your car, you need to check and see if it’s still in good condition. A major portion of your car’s resale value depends on its condition. A car with high mileage is more likely to be worth less than a similar car with low mileage. This means that you need to see if your car has any major wear and tear to get it repaired before you sell it. You can also clean your car before selling it to maximise its value.
Make Sure You’re Aware of Your Options When Selling An Old Vehicle
While selling your car privately will earn you a higher profit, selling it to a dealership will earn you a lower one. This means you must be aware of your options before selling your car. The best thing about selling your car to a dealership is that you can get instant payment for it. However, dealerships usually purchase cars at a lower price than you would get on a private sale. You can also car removals to an auction house, but you can’t be sure how much you’ll earn from your car this way. Furthermore, you can donate your car to a charity organization if you don’t want to make any profit from it.
Consider Selling Your Car to a Mechanic or Parts Recycler
You may not want to junk your car, but you can still get rid of it using a mechanic or parts recycler. A mechanic can buy and repair your car or use its parts to repair other cars. On the other hand, a parts recycler can buy your car even if it’s beyond repair and use its parts to rebuild or repair other cars. You can also sell your car to a junkyard if you want to get rid of it quickly. However, you need to know that you will get very little money for your car.
Donate Your Has-been Vehicle Instead of Scrapping It
If you want to get rid of your old car, you can donate it to a charity organization instead of scrapping it. This way, you will not only get rid of your car but also help people in need at the same time. You can check with your local charity organization to see if they accept donated vehicles. However, make sure your car is in good condition before donating it. You can also sell your car to a dealership, but ensure it’s still in good condition.
Try Selling Your Old Vehicle to a Dealership Instead
If you want to get rid of your old vehicle but don’t know how to go about it, you can try selling it to a dealership instead. Dealerships usually buy old vehicles and then either repair them or use their parts to repair other vehicles. If they buy your car, they will give you an amount that’s more than enough to buy a new car. However, ensure your car is in good condition before selling it to a dealership.
Disposing of a car doesn’t always have to be a challenging task. As long as you know your options and do your research beforehand, you should be able to get rid of your old vehicle without breaking a sweat. Remember, selling an old vehicle is the best way to dispose of it.