No matter how much you like your car, sooner or later it will become obsolete and unusable (unless you take care of it). In many cases, maintenance costs will be very uneconomical as technology develops. Another case if you want safer, more economical, and features a lot in it.
There are several ways to ‘get rid of’ your junk car:
Exchange with a New Car
Even though car dealers prefer a working car, some dealers will give you a discount for spending the stock. Obviously, things are how much they want to throw it in the dump and how desperate they are to sell the car you are interested in.
The price they offer depends on the margin they have on the car you want and how desperate you are to take the car. However, if the trade-in doesn’t work, you don’t have a strong bargaining advantage.
Sell to a dump
The unloader will buy a dead vehicle and destroy it and then sell it as a business field, either online or through a network of resellers. The better the condition of the vehicle, the more money you can get.
Some unloaders will come and pick up your vehicle for free or will give you a little money. They assume that you are the rightful owner and not a finance company.
If you have a very desirable or rare vehicle, the right equipment, and enough space to accommodate it you can take the car apart yourself.
Remember, only your tires and wheels are probably worth more to the right people than you would get for the entire car if you tried to sell them. This is the best option for maximizing profits.
However, you will undoubtedly find parts that you cannot dispose of yourself like shells that you will eventually need to pay someone to get rid of.
Postponed for a moment
If you have a warehouse, park it there. Some cars will become more valuable over time as the numbers dwindle. In a few decades, chances are someone has contacted you expecting a valuable find in your warehouse.
Used as a Cannibal Car
Let’s take an example, you have a 1970s Jaguar and are now (unexpectedly) sitting on the side of the road. Take the risk, buy another jaguar that is of higher quality than the same model, and make it a donor car (spare part) for your car that is sitting. It is common for antique vehicle enthusiasts to have one vehicle to sacrifice
Used as a Chicken Cage or Garden Ornament
If you want memory and a past pride and joy, just park your vehicle and let the grass grow around it. Chickens may find it a pleasant place to roost.
If your vehicle has a spacious room, you can use it as a storage area, but there is a risk of getting mold.