Should I sell my car to a junkyard?
August 10, 2005 3:59 PM Subscribe
Do I want to sell my car to a salvage yard? If so, how do I do it?
Long story short, my car presently needs enough repairs that it would cost more than the car's value, once labor is factored in, to fix it. I would be fine with this situation, except that I have to move across the country and don't trust it to make the 3000 mile trip. So I think my options are 1) sell it to a private party with the skills to save labor costs by fixing it himself, or 2) sell it for parts.
I know nothing about the latter option, and would only prefer it because I imagine it would be faster and simpler than trying to peddle a whole crappy car online, in the paper, etc. I have no illusions that I'm going to make a boatload of money either way, but what's a realistic amount at salvage? A few hundred? What else do I need to be concerned with? How do I find a "good" salvage yard, if there's even a distinction?