After driving it for many years, the time will come when your car will start having problems. Whether it started to show its first signs of old age or has been written off in an accident, you might want to consider getting rid of it. While there are many ways you can do so, scrapping it or selling it to a junkyard are your best financial options.
In general, you can sell your old or used car to a junk car-buying company, where it will be dismantled for its valuable parts and recycled. It is a straightforward process and you can get a decent amount of money for your car, while also making extra space in your garage.
For instance, if you live in San Antonio, TX, look for certified junk car buyers in your area to discuss how you can get instant cash for junk car in San Antonio without any hassle.
However, in order to ensure a smooth scrapping process, you are required to bring a few important documents with you. Keep reading to learn about the four most important ones.
The title of the vehicle
A car title is a type of legal document which proves car ownership. It includes all official information about the vehicle and owner as well as the vehicle identification number (VIN). It is typically issued by the government and needs to be presented when selling your car to a junk car-buying company.
If you are unable to find the title, it is imperative that you contact your DMV to send you a replacement document. Otherwise, without it, you won’t be able to get rid of your junk car and transfer the title to the junk buyer legally.
The vehicle’s maintenance history and service records
Although your vehicle’s maintenance history and service records aren’t mandatory to bring, it is desirable that you do so because they can be used by the junk car-buying company to review the full history of your vehicle. The report will give them an overview of all repair sessions and service history your car has had during its lifetime, along with all the receipts of repairs.
The main reason why it is advised that you include your vehicle’s maintenance history is that they can be referred to later, should any mechanical issues or other problems arise about the care and condition of your ride.
The Bill of Sale
Depending on where you live, you may be required to bring a bill of sale with you when selling your junk car. This document serves as proof of purchase and transfer of ownership which both you and the junk car-buying company need to sign to demonstrate the sale’s agreement and the terms of the deal.
You can write the bill of sale on your own or look for templates online to speed things up. If you choose to create your own, make sure you include the following information:
- Your full name and address;
- A detailed description of your vehicle (car make, model, year);
- The buyer’s name and address;
- Your car’s VIN and current mileage;
- The date of your sale;
- The amount of the sale and the payment method.
Documents of warranty
If your ride has a transferable warranty, then you need to make sure you pass it along to the junk car-buying company. Doing so can benefit you by helping you add value to the sale as well as the junk buyer by helping them avoid issues when claiming a warranty in the future.
While an original factory warranty is usually tied to your car’s VIN and automatically transferred to the new owner, in this case the junk car-buying company, transferring the warranty to a third party, a new buyer, involves more steps and often a fee. So, make sure you gather all information beforehand so you can properly transfer the warranty when you are ready to sell your used car.
Although scrapping a vehicle is a relatively simple process, there are still some important steps you need to do to ensure a smooth process. One of these steps is to gather all necessary documents which will serve as proof that your vehicle has been properly and legally scrapped, and exempts you from any responsibility or related taxation.
For more information, refer to our post and learn about the most important documents you need to have to sell your vehicle to a junkyard.