There may come a time when your beloved car might become inoperable due to an accident or critical part failure. Such a car which is unsafe to run any further and has come to the end of its lifecycle is known as a junk car. Your car might also be considered junk if it costs more to repair it than the car’s worth. Another reason to sell your junk car is when your car insurer decides that it is not economically feasible to repair a car so a salvage title to it, denoting it as totalled.
If mechanical issues keep popping up in your car now and then, it’s time you plan to sell your junk car and bid farewell to it.
Sell Your Junk Car
You might consider selling your junk car if it is damaged and unreliable to use. For many years and miles, your car served you well, it is time to get yourself behind the wheel of another car. Let’s explore how to sell your junk car in detail.
Prepare to Sell Your Junk Car
As you consider going either for junking or rebuilding your car, know that both processes are often expensive and time-taking. Also, they might not be worth your time and money. If that’s the case, selling your junk car for cash is better than selling it to a qualified scrapyard.
Besides, a junk car might seem of no value to you. But the scrapyards are the experts at extracting valuable parts from a junk car. If you sell your car for scrap metal, the scrapyard will strip your car for sellable car parts and metal.
Get Your Car Rebuilt
If you don’t want to let go of your beloved car, consider rebuilding it. This way, you can reuse your old car or resell it in the hope of making a good net profit. Though you must be aware that rebuilding a car decreases its standard worth, however, it is still more valuable than its scrap value.
Moreover, when rebuilding a car, it passes through several tests to ensure that it is safe to drive. Upon rebuilding, a new rebuilt title is assigned to the car, which serves as proof of the car’s history. While the rebuilt title shows that is safe to drive the car, it devalues it. Seek out the services of a professional mechanic to determine if it will be worth it to get your car rebuilt. Don’t try car repair yourself as it is not an easy task.
On the other hand, when a vehicle undergoes any accident, flood, fire, etc. and the total damage exceeds some percentage of the car’s value (between 75 to 90%), the insurance company declares it a total loss if its repair is not economically feasible to perform. It then gets a salvage certificate indicating that the car cannot be sold, driver, or registered in its current
Get Your Car Valuated
Before you sell your car for junk, determine its market value. If the market value is higher than the repair price, going for rebuilding will be a better option. Whereas it will be easier to sell your junk car for cash at an auction and get a good price than that offered by a scrapyard.
UAE offers various options to get you an official car evaluation. It can be done online as well as on-site. For instance, you can get a free car valuation via dubizzle online. While for on-site valuation of used cars, get it done from any of the RTA-approved testing centres.
Gather Your Documents
The foremost step to selling your junk car is to gather your documents and information together. The information includes Vehicle Identification Number (VIN), body condition, make, mileage, and model. It would be better if you could provide information about the current car’s state and the damage it underwent.
Once the deal is finalised, you might also be required to apply for a changing the vehicle’s ownership to the buyer. If you took a bank loan to purchase your car, you would require a NOC from the bank to ensure that the load is paid off. Also, if your car was insured, make sure you cancel your insurance and stop paying premiums for an inoperable car.
Where Can You Sell Your Junk Car for Cash
Once you have decided to sell your junk for cash, you need to find where you can sell your car. Many facilities for car recycling in Dubai pay you in cash for your junk car. Some of the popular ones are mentioned below.
Dubai Scrap Cars
They are an online service that pays you in cash for your scrapped car.
Contact: 050 5350770
Email: info@dubaiscrapcars.com
Sharee Al Madeenah
They also offer towing services for your junk car.
Location: Industrial Area 10, Dubai, UAE
Contact: +971 5530 30112
Timings: Monday to Sunday for 24 hours
That is all about how to sell your junk car in the UAE. It is important to remember that when you sell your junk car for cash, the amount depends on factors such as the extent of damage, the car’s model, mileage, and make. Now that you have sold your junk car explore these affordable, used cars for sale in the UAE to have your ideal pick.
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