A Comparison of Who Buys Junk Cars — How You Get the Most Cash Possible

What do you think is the best way to get the most money for your junk car? Do you know who pays the most for a junk car? We will compare who buys junk cars so you can determine you you want to work with to sell your junk car.

You can always go directly to a local junkyard like Pull-A-Part for the easiest way to sell your junk car for cash. You can also try our car dealerships. When looking for car dealers who buy junk cars near you, you will have two options. First, you can be paid directly by the dealer to purchase your vehicle. Second, you can trade-in your car against another car they may have on their lot. Keep in mind that if you are trading an old junk car against a new car, the amount you receive will still be less than what it is truly worth due to depreciation over time. If selling your vehicle directly doesn't strike your fancy, then let's take a look at private or unlicensed buyers who may not offer as much as a dealership would but cost significantly less! Let's discuss the options and compare them:

LICENSED CAR DEALER: PROS AND CONS OF SELLING TO A LICENSED DEALER

1. Licensed car dealers will offer you top dollar for your car - This means that they know how much the vehicle is worth based on the year, make, model, and mileage. They have no reason to pay less than what a car is genuinely worth because it's not their money.
2. Licensed dealerships are insured against financial loss if something happens with your car during the buying process or after selling it. For example, if your vehicle gets stolen before they complete payment or if your vehicle is in an accident after purchasing it, they are insured.
3. Licensed dealerships have trade-in offers - Most of the time, people buy new cars with cash or through financing; however, some use their used car as a down payment on their new vehicle. Either way, this means that the dealership makes money off the sale of your car one way or another.
4. You don't need to worry about who buys junk cars near me - advertise your junk car - Whether it's Craigslist (which can be dangerous), online services like social media sites like Facebook and Twitter —selling on your own is risky unless you're doing business face to face.
5. Licensed dealerships offer warranties - This may be a small detail that you didn't even think about, but if your junk car breaks down after the sale is complete, then they can guarantee repairs at their own cost.
6. Licensed dealerships have higher chances of providing you with "top dollar" for your car. Since this type of business operates legally and has nothing to hide regarding its transactions, there's no reason why they wouldn't tell you how much their actual offer is.

JUNKER BUYERS: PROS AND CONS TO BUYING USED CARS FROM PRIVATE PEOPLE

1. Junking your own or selling it to unlicensed individuals allows for fast cash. However, unlicensed businesses don't work under any set rules or regulations. They do business under the table, which means no taxes or other annoying formalities. You could get your money right after you sign the paperwork.
2. Junking it yourself allows for more freedom when selling the vehicle. If you're able to sell it yourself without attracting too much attention, then you can advertise in whatever way you see fit. This may include Craigslist, or other online portals.
3. Unlicensed buyers are more likely to settle for a lower price than licensed dealerships. You might think that unlicensed businesses and their services aren't respected, but this isn't true at all. Some of them charge prices that don't leave you with much of a profit.
4. Unlicensed buyers lack warranties - If your car breaks down after you sell it to someone who does business under the table, then no one is legally responsible for repairing it. This means that the buyer can get away with not fixing anything.

IDEAS ON HOW TO SELL YOUR JUNK CAR FOR TOP DOLLAR

• Call up every dealership in town and ask about their "trade-in" offer
•  Most companies check whether or not the car you're selling qualifies as a "trade-in" before making an offer. If it does, then they'll quote you a price that reflects its condition and mileage.
• Get your cash quickly by dealing with licensed businesses
• Some of them may require that you get pre-approved for financing, while others might be willing to start working on paperwork right away! Make sure to bring all of your financial documents (ID, proof of income, bank statements) if this is necessary.
• Check online services
• These websites allow individuals and companies to post listings regarding whatever kind of service they provide! Since these ads are completely free for anyone who wants to post one, they'll probably be more reliable than whatever the private party says.
• Make sure to negotiate prices and get everything in writing
• If nothing is official, then neither of you are committed to anything! This means that the buyer can back out on the deal at any moment, which makes it impossible for you to sell your car. If you don’t get it in writing, or don’t get cash or a verified payment, then don’t give them the keys. 
• Don't let anyone pressure you into selling without getting a price estimate first
• While licensed businesses will be fair (after all, their services do come with some legal backing), unlicensed ones will only care about making as much money as possible.

Remember, since there isn't any legal backing in these transactions, only deal with cash offers if the buyer has proof of their identity and you're satisfied by their credentials. Otherwise, don't let anyone pressure you into signing anything because they could easily back out during negotiations and leave you without a single penny. Even though selling your car to an unlicensed business can be risky, it's more profitable than selling it to a licensed dealership! If you think this is the best option for you, then hold off on any deals until you get an official offer. But if you’re good with a fair rate, that is better than a pawn shop deal, then contact a Pull-A-Part junkyard near you.