Verify the title. Your clunker may not have lien on it, but are you holding the title? Look through your important documents to find your title. If you cannot find it, then you’ll need to contact your state’s Department of Motor Vehicles for assistance. Likely, you’ll have to demonstrate proof of ownership and pay a fee to secure a copy of your title.
After this, disconnect the transmission from the engine and this is firstly done by freeing up the bolts connecting these two parts. You will most probably need a socket set for this. Once the bolts are gone, lower the transmission on to the jack and then on to the floor.
Choose a yard. You should have two or three offers for your car. Determine which offer you will accept and make arrangements to dispose of your car. You’ll need to sign over the lien to the junkyard used cars and receive payment for your vehicle. If your vehicle is worthless, the salvage company may tow it away for free.
For those who live near a car junkyard, this can be a cornucopia of auto parts. However, this can be quite time consuming, especially in large junkyards. You may have to search through hundreds of vehicles before finding the right part. It is also dirty work so wear old clothes. The advantage is the price. You can usually get the part you need at rock bottom prices and many junkyard owners will negotiate. Be sure to check out the part carefully as you can rarely return a non-working car part.
The first step to starting on this fun and profitable way, is to create a business plan. You don’t have to have a detailed one for you. It just has to make sense to you and can be as simple as on the back of a paper bag. You just have to have a plan that points you in the right direction and helps you to get your business organized.
However, there are some people who worry that they might not be able to sell their cars to these services because they don’t have a title for their car. This means, they don’t have any official documentation that proves they own the car. There are many folks out there who have come across this problem, and aren’t clear about whether or not they can sell their car to such services.
pull parts Not all metals are created equal. Some metals demand very high prices (copper, silver) and others are worth quite a bit less. Also many salvageable items contain many different metals and are scrapped on an itemized basis. A lot of metal isn’t unattached and ready for a refiner. Much of the metal found will have plastic or other unwanted material attached to it, wire is a good example of this. If you are taking your scrap to a yard, take the extra time to extract all non-metals from your haul. If you don’t do this the yard may give you a much lower lb basis for your metal translating to less money.
Make signs and price items the night before the sale. The importance of good signage is heavily stressed by veteran yard sellers. Take advantage of sale days designated by homeowners associations or have a group sale with neighbors. Bigger sales and good signs attract more buyers.
Legalities: Check out local laws to be sure that your sale is legal. In some areas you may need a permit and the cost of that will determine whether or not it is worth it to have a yard or garage sale. If you plan on selling older toys or other items that may have problems like lead paint or may have been recalled at some point, check them out online first. You can still sell things like that, but you have to post some sort of disclaimer letting potential buyers know about the lead paint, recall or that these items are being sold as collectable items, not toys to be handled by kids or used by people.
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