When to Sell a Junk Car in Calgary
There are about 140 thousand cars in Calgary yearly, so many car owners are interested in knowing what to do with their vehicles after an accident. In this article, we will tell you when it is better to sell a car and in which cases it is more profitable to do repairs. You will also learn where to sell a damaged car and what is needed to complete the transaction.
Several criteria must be considered, including the feasibility of repair and operation, when deciding whether to sell or repair a damaged car.
Insurance
If the insurance payment covers all repair costs, which most likely indicates minor damage, it is better to repair the car before selling it. But if the amount is insufficient or the car owner is at fault in the accident and the repair costs are entirely his, it is better to sell the Cash for junk car Calgary without restoration. In practice, selling a car at a low price is more profitable than overhauling it.
The extent of damage
If 70-80% of the car, including important components and systems, is damaged in an accident, there is no point in restoring it because the repair will cost the same as a new car. Even after restoration, achieving the original strength and reliability will not be possible, which makes the vehicle’s operation life-threatening.
Type of car
Owners of rare cars, even with minor damage, often decide to sell their vehicles after an accident. It isn’t easy to buy original spare parts for such cars. In the best case, it will take a lot of time to find, order, and wait for delivery. The cost of spare parts for such vehicles is always several orders of magnitude higher than for popular brands.
The second case in which it is better to sell a car is its considerable age and dilapidation. Old, worn-out vehicles usually have rotten bodies, which complicates repairs and makes them impractical in case of serious damage.
Where to sell a wrecked car Calgary
A wrecked vehicle can be sold in one of the most common ways:
- Through ads on special sites, social networks and forums. The downside of this method is that it will take time and patience to find a buyer interested in purchasing a car for themselves. Plus, resellers who offer a low price will actively call based on the ad.
- Through a car buyback service after an accident. Selling a car this way is the fastest, but you won’t be able to get a significant amount. Services buy vehicles minus the cost of repairs, so they offer minimal prices.
- At auction. Although auction representatives fully support the sale, this is not the most popular method. Due to the large selection of cars, you can wait a long time for interested buyers at a suitable price.
- Trade-in is an exchange of a damaged car for a new one at a car dealership. If the vehicle has minor damage, there will be no problems. In case of serious defects, the exchange for a new car will most likely be refused.
- Sell for parts. If the car cannot be restored, you can sell it for dismantling. Large spare parts stores, resellers and private service stations buy such vehicles. Alternatively, you can dismantle the parts yourself and sell them separately.
- Hand over for Scrap car removal Calgary metal. Regarding price per ton, handing over a car with dismantled rubber, plastic, and other elements is more profitable. Tires, glass, radio, covers, steering wheel, instruments, etc. can be sold separately. Before handing over a vehicle for scrap, it must be deregistered.
Dispose of. If the car has turned into a pile of metal after an accident, it can be disposed of. To do this, you need to submit a request to the State Traffic Safety Inspectorate, for which you will need the vehicle documents and license plates.
Why there is no point in hiding the accident
There is no point in hiding that the car has been in an accident because it is taken through a car service before buying a vehicle. At the service station, they conduct computer diagnostics, inspect the body, and check the paintwork, engine, gearbox, mileage, optics and chassis. Based on the results, they draw up a technical condition report to accurately display the problems if the car has been in an accident.
The vehicle is also checked against databases for involvement in accidents and status (arrest, bail, wanted, etc.). If the car was initially purchased and serviced by official dealers, its history is transparent. Presenting the registration certificate to the car service is enough to get a full maintenance history.
When selling a car for parts, the body is sold as a car.
Want to sell a vehicle quickly and profitably after an accident? Leave a request on the Auto Expert website. Our consultant will call you back to agree on the place and time of the vehicle inspection. If the proposed price suits you, we will draw up all the necessary documents on the spot and buy the car within 15 minutes.
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