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Are you planning on junking your car? If so, you’ve come to the right place!

At Fred’s Auto Removal we’ve junked many cars over the years from owners in Portland Oregon and the surrounding areas.

Although many people think that junking a car is as simple as calling a company like ours, or a wrecking yard to pick your car up, the reality is that there’s more to it and you can get the most money possible for your junk car when you follow these tips.

junking your car

Tip 1 – Remove Everything From The Vehicle 

This tip is important because, what most people don’t realize is that cars, trucks, or vans are sometimes like second or third homes and we have a tendency to leave or store things in our vehicles over time.

To avoid losing money, or many of your personal possessions that are saved in your vehicle, you should take the time to look through every square inch of your car, in the glove box, underneath the seats, and in the trunk for any of your personal belongings which may have been left or stored in your car or truck over the years.

Checking your vehicle for personal belongings is also important because, a junkyard or automotive recycler should not be thought of as a scrap yard or dumpster for getting rid of your junk so before you get paid cash for your car, you should take the time to make sure that your vehicle is in decent condition because you are conducting a business transaction and the buyer expects to get a vehicle without a lot of junk stored in it.

Tip 2 – Make Sure You Have The Title Ready

This tip is important because, many people will realize that the title to their vehicle is missing when it comes time to sell it so before you contact a company like Fred’s Auto Removal, or another automotive recycle company, to get paid cash for your vehicle, you should make sure that it’s ready to go when the person or company that you plan on selling your vehicle to come’s by to pick it up.

Tip 3 – Find Out What Valuable Parts Your Vehicle Has

After taking time to remove all the junk from your vehicle, and getting your cars title in order, the next thing that you need to do is to find out what are the valuable components in your vehicle.

Some of the valuable components inside your vehicle may include a newer stereo system, speakers, GPS, electronic devices, newer tires, rims, and anything else which can be stripped off your vehicle and resold.

The reason why you want to assess what’s valuable in your vehicle is because the company may strip those valuables or recyclables from your vehicle anyway so why shouldn’t you be the person to be paid what those parts or accessories are really worth.

Tip 3 – Remove Your License Plates

Yes, you should also remove the license plates from your vehicles because doing so will protect your best interests especially if someone were to purchase the vehicle after you’ve sold it to a junk yard or recycler. Removing the license plates from the vehicle will guarantee that you will be held liability free if the car, truck, or van that you owned is involved in an accident or an injury after you have sold your vehicle.

Tip 4 – Use Your Gas Before Junking Your Car

Last of all, but most important you should use up all of the gas in your vehicle because you paid for it and that gas will ultimately be siphoned from your vehicle anyway along with other fluids once it’s sold so you might as well use it up.

Tip 5 – What Is the Value of Your Junk Vehicle?

As with any donation, your primary goal may be to deduct your donation come tax time. To claim your vehicle, you have to itemize it on the Schedule A tax form 1040. Before you fill out the deduction, you should also know the fair market value of your vehicle by researching its value on the Kelley Blue Book website or reviewing the value of your vehicle on other car websites or forums online.

You must be aware that if your purpose is to claim your vehicle as a deduction, you won’t be able to get the full value of your junk car as deduction because you may only get a small portion of it’s value based on the marginal tax rate for the state that you currently live in.

Let’s say that your junk car is worth more than $500, or even worth more than $5,000, in this case, you’ll need to fill out Section A of IRS Form 8283.

Once you know what your vehicle is worth, depending upon the state that you’re living and you may be required to transfer the title above your junk car over to the charity that you plan on donating to and you may also need to remove the old license plates from your vehicle and the registration sticker too.

Is Your Car Dead? Sell It To Fred!

For a free quote contact Fred’s Auto Removal Today by calling us at (503) 810-3061 or click here!

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junk your car

Is it time for you to junk your car?

This may be a question that you’ve been asking yourself for weeks or months now as you put more money to keep your car running, and it’s a good question to ask. Every car owner should look at the cost versus benefit of keeping a junk car running and decide if it indeed is worth spending a few hundred dollars more to keep the car running versus selling it for cash and getting a new vehicle.

If you decide that now is the right time to junk your car, this article will provide you with steps that you can follow to negotiate the sale, junk your car, and get paid what it’s really worth.

How to deal with junkyards and Automotive Recyclers

One of the first things that you have to know when dealing with junkyards and automotive recyclers is that most companies know that the average owner of a junk car wants to get rid of it and they are going to be inclined to quote you the lowest amount of money possible.

Before accepting the first quote that you received to junk your car, it’s important for you to know that every vehicle is worth money regardless if it’s running or not.

Regardless of the make or model, your car, has steel, aluminum, plastic, precious materials, and parts in it that are worth value especially if they can be resold to someone else who owns a car that’s the same make and model car as yours.

The average junkyard owner will have it in their mindset to use the reverse lemon approach and make you think that your junk car is worth less than what it really is.  Armed with a little knowledge, you can save yourself the time, money and hassle of accepting a low quote plus get paid money for what your car is really worth by following the tips in this article.

Before Contacting a Junkyard or Recycler Do This

Before contacting and junkyard, scrap yard, or individual who specializes in automotive recycling you should make a list of your vehicles assets just so that you can know what your car is worth.

These assets may include:

  • A newer stereo system with speakers and a sub-woofer
  • Newer tires and rims
  • Security system
  • GPS
  • Airbag components
  • Catalytic converter
  • Car battery, especially if it’s relatively new
  • Air conditioning compressor that’s still in good working order
  • Any auto part that can be easily salvaged that has copper in it. These may include radiators, alternators, and starters.

Learn More About Your Junk Car’s Auction Value

Once you understand what your junk car is worth in terms of its assets, the next thing that you need to do is find out if your junk car has an auction value.

You may be wondering “why would my junk car have a value to it?” and the answer to this question is simple, there may be someone out there who would be interested in restoring your junk car back to its former glory, especially if it’s still worth driving.

Before dismissing the value and the idea of if you should junk your car or not you should make the effort to find out if it indeed has an auction value because, this will save you the time, money and hassle stripping the valuable parts, components, and accessories from your vehicle because there may be someone out there who wants to purchase it as is and restore it for themselves.

Do This Before You Junk Your Car

Before selling your junk car for cash, another thing that you should do is know the Blue Book value of your vehicle.

The Blue Book value of your vehicle is important because combined with the auction value, and the scrap value, you have three different values for your vehicle that you can base your asking price on and this will also help you to avoid getting paid less money than what your vehicle is really worth.

After understanding the Blue Book value of your vehicle, you should next get your junk car cleaned up, regardless if you drove it recently or not because, image is everything and if your junk car looks like it’s been sitting in the driveway for months or years, you are more likely to receive the lowest quote possible from a junkyard or scrap metal dealer.

Besides cleaning up the outside of your vehicle, you should also take the time to remove any trash from the inside of your junk car and clean up the inside of the vehicle as much as possible too because, a junkyard or scrap metal dealer is not a place to get rid of your trash, you are conducting a business transaction and you should take care to treat your junk car like an asset if you want to get paid money for what it’s really worth.

Get Paid cash for your junk car

To get paid cash for your junk car, contact Fred’s Auto Removal today by calling us at (503) 810-3061 or click here to connect with us online.

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