How to Get Rid of an Old Car in 5 Easy Steps

You knew this day was going to come. Today, it’s time to say goodbye to your old car.

You’ve had good times but it’s just not working out anymore. It’s on its last legs and you’ve been advised that repairs will cost more than replacement. Or maybe it’s already a clunker, but you’ve kept it because of nostalgia and the promise to restore it to its former glory. You can now opt for scrap car disposal to get rid of your old car and get a decent price for it after inspection.

Whatever your reason, there’s a market for used cars, whether it’s running or not.

If you want to know how to get rid of an old car, there are several ways to go about it. Take a look at your options so you can get the best value out of your old car.

  1. How to Get Rid of an Old Car Fast: Sell to a Dealer

Selling to a dealership is the quickest way to unload your old car. However, if this is the direction you’re leaning to, prepare to be lowballed. While the money is fast and guaranteed, it’s almost always going to be less than your car’s fair market value.

After all, they want to buy your car cheap so they can make a profit when they resell it.

If you need a new ride, another option is to inquire about a trade-in deal. By trading in your old car, you can get a better deal on a new car.

You might even save money on sales tax. It’s because, in most states, the sales tax applies after you deduct the trade-in credit.

  1. Sell It Yourself

Depending on your salesmanship, you have a chance to sell your old car for its market value or more. The downside is that it requires a lot of work and you’re also taking a risk if the buyer gives you a bad check.

The responsibility for marketing rests entirely on your shoulders. Fortunately, it’s easy to list your car online on websites such as Craigslist, Autotrader, or Facebook Marketplace.

  1. Sell Individual Parts

Chopping up your car for parts sounds labor-intensive and you also have to think about where to store the parts. Why go through all the trouble?

It’s because, in some cases, you can make more money from selling individual parts than selling the car itself. If your car features original parts that are hard to find and in-demand, you’ll have no difficulty finding buyers.

  1. Junk It

The final destination for cars, but junking it makes a lot of sense if your car isn’t roadworthy anymore. You can junk a car for cash, but don’t expect much. In any case, even if you don’t receive any money for it, at least you get a free tow service to get rid of your old car.

  1. Give It Away or Donate It to Charity

Do you have a friend or family member who is a car-nut? Ask them if they’re interested in taking the car off your hands. Of course, make sure that you go through the necessary legal process of transferring ownership.

Another option is to donate it to charity. The reward isn’t monetary but your generosity can help those in need and you can also claim a tax deduction.

Goodbye Old Faithful

It’s not easy giving up on something that has served you for years, but when it’s time, it’s time. Knowing how to get rid of an old car will give you proper compensation.

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About RJ Frometa

Head Honcho, Editor in Chief and writer here on VENTS. I don't like walking on the beach, but I love playing the guitar and geeking out about music. I am also a movie maniac and 6 hours sleeper.

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