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How to Choose a Junk Car Buyer. A car is considered to be junk if it is not drivable and the cost of repairs is higher than the value of the car. In as much as the car cannot be driven, it still has a market value and therefore can be sold. Junk cars can be sold but in the form of scrap. Therefore, if you are wondering what to do with your old car here is the solution. Some car buyers are always interested in junk cars online. The sum of money that you will get from your old car will depend on the honesty and credibility of the buyer that you choose. Therefore, the article discusses some of the factors to put into consideration when selecting a junk car buyer. You should ensure that you are dealing with a professional buyer. The speed at which the transaction will be conducted depends on buyer professional the buyer carries out the business. To establish the degree of professionalism of the buyer, you should check his/her credentials and the reviews on the website. The sum of money that is equivalent to the value of the car is always determined by the dealer. The more the information the buyer provides on the website, the lesser the time you will spend is determining his/her trustworthiness. It is good to read the information provided by the dealer on the website before you make your decision. Since the car cannot be driven, and you will be forced to hire towing services to remove it from your premises. The costs associated with hiring towing services can be avoided by choosing a buyer that will take the responsibility of moving the car. The other source of information about the reliability and credibility of the junk buyers are your friends and relatives who have done the business before. The buyer considers several other factors while determining the value of the car therefore it might not correspond to what you expected.
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The mode of payment should also be convenient for you. It is advisable that the payment should be made before the car leaves you premises. It is not advisable to seek payments after the buyer takes the car since you might be forced to incur expenses of towing it back to your premises in case he/she declines the deal. Payments in terms of installments should also be avoided. Full payment will eliminate the possibility of defaulted payments or the buyer changing his/her mind.
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You should ensure that all the paperwork is properly done. A contracts should be drawn that include all the verbal agreements. You can hire a lawyer to facilitate the whole process and help in documentation.