Why Sell my Junk Car?

Let me just keep it for now" can be the easiest decision about an old or non-running car: no calls need be made, towing can be arranged and there won't be strangers involved if it just sits there unused. Unfortunately, "for now" often turns into months and even years - and as that car sits there without moving it will cost money! Here's what owning an old or junk car actually costs beyond being an eyesore in your driveway.

1. Your Car Is No Longer Driven

Even cars that haven't run in years must still be insured, even if they sit parked on your property; otherwise you risk a lapse in coverage which can increase rates later. Otherwise, every month is spent for something that provides no value whatsoever in return.

2. Registration and Renewal Fees Can Continue indefinitely

Car registration renewal fees remain an unavoidable expense as long as your vehicle remains registered; they're an ongoing cost tied to something physical that won't go anywhere soon.

3. It Takes Up Space You Could Better Utilize

An empty driveway, garage or side yard occupied by an out-of-commission vehicle represents valuable space that cannot be utilized for parking, storage or projects - or simply as an open space where other things can grow.

4. Its Value Is Declining, Not Remaining Stable

Cars don't appreciate; every month a junk or damaged vehicle sits, its Scrap and Parts Value scrap and parts value fluctuates and may move against you. Hoping it will eventually sell may actually result in getting less for it than earlier if sold quickly enough.

5. It Can Create Safety or Liability Issues

An old car left sitting around can leak fluids, become home for pests, and pose an immediate hazard for children or animals in your yard. If anyone gets hurt near it - even someone not permitted to be there - this becomes your problem rather than just an inconvenience.

6. Time and Weather are Not Favorable to It

Rust and deterioration from sun, rain and snow never cease. A car with good parts or scrap value one year ago often now has reduced parts or scrap value due to being exposed to these elements.

7. Your Property's Appearance Can Affect Its Feel

From private driveways and parking spaces to shared community areas or HOA common spaces, an abandoned vehicle can negatively alter how one perceives their property - and could even draw complaints or bylaw action depending on where you reside.

8. It Is Recurring Mental Weight

Underestimating this one can be easy. A car that you haven't had time to fix sits not only in your driveway but in the back of your mind as a constant reminder. That small reminder adds up over months.

9. The Longer You Wait, the More "Someday" Costs You

Your monthly insurance payments, registration renewal fees and any value lost over time won't get reimbursed when it comes time to sell the car. Delay doesn't preserve an option; rather it increases its cost.

So What Are My Options?

No one is to blame for not dealing with it yet - most people put off dealing with their junk or old car for similar reasons: it feels more work than it's worth. Yet the reality can often be the opposite; selling one typically only requires one phone call, fair pricing, free towing and immediate cash payment on the same day without listings, negotiations or delays!

If putting off dealing with something has been your plan, today may be a good day to find out its actual worth. Get a free, no-commitment quote and discover its value for yourself.