Do you have a car in parked in your driveway that isn’t going anywhere anytime soon? Why not turn that heap of junk into a bundle of cash? Cash for cars in Florida is big business and, if you know what you’re doing, you could end up walking away with quite a bit of cash in your pocket to purchase a vehicle that will easily get you from point A to point B. Here are some answers to questions you may have if you decide to sell your car for cash.
Where Can I Sell My Car for Cash?
There are several places that will pay cash for cars in various conditions. You could sell your vehicle to a local car dealership. It’s a common misconception that dealerships only take trade-ins. Many will offer you a cash price for your car, although you may get a better deal if you do trade it in.
You may also want to consider a salvage yard. Also called junk yards, these businesses buy cars for parts. If you have a vehicle with an engine that still works or a transmission in good shape, you will likely get a higher price.
Does My Car Have to Be in Good Condition?
Places that pay cash for cars purchase vehicles in all conditions. Of course, the better condition your car is in, the better the offer will be. But, don’t let a decrepit car stop you from trying. A lot of dealerships will purchase cars on their last leg (or wheel) to resale as a wholesale or salvage vehicle. Depending on the make or model of the car and how in-demand the vehicle is among wholesale buyers, you could get a nice price.
How Do I Get the Best Price for My Car?
Whether you’re selling to a dealership or selling the vehicle for scrap, it always pays to shop around. Dealerships and salvage yards have different needs. For example, some scrap yards may cater to buyers looking for parts to foreign cars or vintage vehicles. If you have one of these vehicles with parts that are in good shape, you’ll get more money selling to a junk yard that has a need for these parts.
Also, dealerships and junk yards in one part of the state may pay more than in other parts of the Sunshine State. The more research you do, the better the chances that you’ll walk away happy and not with a sour deal.
What Do I Need to Bring with Me when Selling My Car?
Because these are cash transactions many people assume they can just show up and sell their vehicles without any paperwork. This is not the case. Places that purchase cars need proof that you own the vehicle and have the right to sell it. This protects the buyers from purchasing stolen goods and from being charged as accessories in a crime.
When you show up at the salvage yard or dealership, you’ll need to bring the following with you:
- A valid identification card such as a driver’s license, state identification card, or a passport. Basically, bring identification that legally proves you are who you say you are, and it should have contact information.
- The title to the vehicle. The title must be in your name.
How Long Does the Process Take?
It depends on where you’re selling your car. Most transactions take just a few minutes while some may take 24 hours. If your vehicle isn’t drivable, you’ll need to arrange for it to be delivered, if this isn’t a service the buyer offers.
Cash for cars in Florida is a great way to earn money on a car you no longer need. Just make sure that you research your options and come to the deal prepared with the right attitude and paperwork.
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