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Selling Unwanted Car for Cash Explained

Best ways to sell your Unwanted Vehicle in Brisbane

Scrapping your car for cash might be an option if it becomes too expensive to keep it road-worthy. Here you can find out Your complete guide to ensuring a straightforward sale and getting the best price for your used car, whether trading in or selling privately.

Selling Unwanted Car for Cash Explained

How to sell your car and get the most money for it?

Assuming you own the car and there is no finance to pay on it, the most direct way is to put an advert up online platforms for instance car sale websites or social marketplace and wait for someone to buy it from you. Of course, that can be a lot of effort so a few services exist to make your life easier. Websites such as QLD auto buyers let you enter your cars details online, get a free car valuation or you can sell it to a local Brisbane car wrecker if it’s in scrap or damaged or any other road worthy issues.

Alternatively you could list your car on social media feeds to advertise a car for sale to friends and acquaintances. You can also join online groups and forums relevant to your make and model to find potential buyers.

How to find out how much your car is worth?

Your choice of advertising will probably be determined by how urgently you need to sell your vehicle. As well as the scrap value, there are a couple more options when it comes to getting cash for your car.

Whichever option(s) you choose, your vehicle offering price is shaped by the following factors:

  • The year of manufacture
  • Mileage
  • Condition
  • Service history
  • The make and model

Money Collection upon the Sale

Once you’ve agreed on the price with the potential car buyers company, you need to agree how they’ll pay the money to you.

Below are the main options available to you, with some tips to help ensure safe payment.

  • Cash paid on car removal appointment

The scrap car dealers are usually paying cash for cars on same day of car removal.

  • Online money transfer method

Bear in mind with this payment method may cause delay on clearing the fund depending on the amount or different banking service provider (for instance: ANZ to NAB). If you have any doubts about car buyer, don’t hand over the car keys until you know your bank has cleared the full payment into your account.

How about the paperwork?

As soon as you’ve been paid for the car, you need to complete the following essential paperwork:

  • Get a receipt from your buyer. It should include the date, price, registration number, make and model, plus you and your buyer’s business name and address.
  • Complete and sends the car disposal form to the TMR if you were selling your vehicle to scrap yard.
  • Notify TMR online that you have sold your vehicle if you were selling to car dealership.
  • And finally, most importantly request the buyer to put the car under his name to avoid unnecessary fines.

Please visit the qld.gov.au for complete information on what to do with documentation when buying or selling used or old vehicles.

Online car scrap valuations near you

The easiest option for scrapping your car is to use a site like Brisbane scrap car yard, which offer you quotes based on the best price from local scrapyards.

Don’t wait, get paid cash for your unwanted vehicles today. Call 0408 616 667 or Quote us online now.

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