I read that when you have an older car, you can get more money scrapping it than you can selling it. How do I get the most money for my car when selling it as scrap?
Reviewed by Shannon Martin, Licensed Insurance Agent.
It’s true that sometimes it’s cheaper to scrap your car than to sell it. Sometimes, you can get more money by selling off the individual parts first, rather than scrapping the whole car.
Some of the most valuable car parts include:
Catalytic converter
GPS system
Engine
Sound system
Airbags
Bumpers
You can usually sell individual parts of your car for cash, or
. You’ll want to compare offers from wreckers before making a decision, as you could make more depending on your car’s condition.
When you switch cars or otherwise change your driving habits, you need to update your car insurance policy, too. Luckily, this process is easy when you use the
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