You have finally decided that it is time to dispose of your junk car; the next step is to find a company that will tow your car. It is quite natural to be wary about the process in general, yet there are many nice companies out there who will pay you well and who will be useful in rendering exemplary service besides. Prevent these 4 scams and you will be sure you are dealing with the right companies for junk car buyers.
Shady Businesses
Do not sell your old car to an uninsured, unlicensed, unbonded junk car removal service. Independent haulers will likely give you a lower amount of money for the car that you should get if you worked with a licensed car removal service – you may even get a fake check for payment. You can also visit the business website, go to its social media pages, and read some reviews in order to be sure that it is not a scam and to know how this business treats its clients. All these are signs showing whether this company is one that you can do business with or not.
Bait n’ Switch
If you have researched ways to know it’s time to junk your car and determined it’s time to part with yours, you probably are curious how much money it is worth. Once you have agreed on a price for your car, don’t let the business change that amount on you later. Get a quote verbally and in writing and don’t sway from that amount once it’s agreed upon. Ensure you work with a company that will give you the cash you were quoted and deserve and read up on the latest car industry news before you put that money down on a different car.
Failure to Transfer the Title and Registration
If you do not transfer the ownership of the car to the junkyard or if you do it inappropriately, then you can be forced to pay for other charges and a list of offenses, including parking violations. Quite surprisingly, even though you do not own or possess the car and, indeed, had it towed away, a non-transferred title means that you are still technically the owner of the car. This should be avoided by ensuring one selects a good car-buying company that will help with the right transfer of title.
No Immediate Payment
If a business tells you a check will be coming in the mail instead of giving you one on the spot, it’s a red flag, so don’t do business with them. Never let your junk car out of your sight without a check or cash in hand. After the title is signed, the car is no longer yours, and you may never see the money for it if you don’t collect it in person.
Scams are perpetrated on victims every day in the industry, so know the warning signs to help you avoid making mistakes that will cost you. The process of finding trustworthy junk car buyers can take some time, but if you handle things to the best of your ability on your end, you can make sure scam artists don’t trick you. The good news are that there are a plethora of great business owners out there who are eager to do business right and will pay you the maximum value for your vehicle.