To sell car for parts or not to sell car for parts, that is the question.
Our apologies to Shakespeare for the poor use of his brilliance, but we are simply voicing a question asked by many vehicle owner once they are faced with a car or truck which will no longer run. What to o with it? How to get the most money from it?
Now, at the risk of sounding self-serving, we will share the facts with you as we know them.
The advantage of sell car for parts.
Without a doubt, if you are patient, and you have no immediate rush for cash, selling off the parts of your non-functioning vehicle will make you the most money. We know this is the most profitable approach because salvage yards have stayed in business for over a half-century by doing exactly that. In this case, the value of the parts is greater than the value of the whole. Simply set up an account on Facebook Marketplace, or on Craigslist, and start selling.
The major disadvantage of sell car for parts.
However, be forewarned, this is a very tedious process, and it could easily take you months, if not over a year, to sell off all of the used car parts from your vehicle. That is a long time to be pulling parts, meeting with potential customers, etc., and many people simply don’t have that amount of time. They need, or want, the money now.
Salvage yards can take this route to profitability because they are playing the long game. They offer such a diverse inventory that they are not concerned with whether a particular vehicle “parts out” quickly, simply because they have hundreds of vehicles which will continue to make money for them.
Plus and minus of going the salvage yard route instead.
Which leads us to taking your vehicle to a salvage yard and selling it to them. The advantage of this course of action is speed. Hand over your title, the salvage yard owner hands over some cash, and the whole process is done within an hour. It is quick, it is painless, and it requires practically no investment of time or effort on your part.
However, the cash you get for doing it this way will be considerably less than if you parted out your vehicle. That is just the reality you face. Salvage yards will pay cold, hard cash for your vehicle, but we are talking, probably, $100 to $200 for the whole vehicle, a small percentage of what you would have made if you had taken the time to part it out yourself.
That is the truth as we know it; the decision is yours to make. All we can do is present the facts.
A final word about All Import Auto Parts.
All Import Auto Parts is family owned and operated, and we’ve been in business now for over thirty years. Two generations of Fort Worth residents know that the name All Import Auto Parts stands for outstanding customer service and an industry-best 90-day warranty. Call us today for all of your used car parts.