Auto tips: Ways to deal with used cars

As a car owner, you are probably aware of how you can get attached to your vehicle. Sometimes, letting it go can be so difficult to do. However, when that engine sounds becomes more than you can bear and the body so rusty to move around in, then you know that your old “sweetheart” has to go. Knowing how to deal with a used car is not as easy as it seems. Don’t worry though. Here are some few tips you could consider for helping you get a little something out of your old car.

Consider a logbook loan

Are you aware that you could get a logbook loan even with a used car? It might not be that much but at least it would be worth something. Since, the car is used; you should have less fear of repossession. As long as you have your V5C registration document, you should have no problem getting a logbook loan. Remember to carry out your own valuation before visiting the lender so that you can have better bargaining grounds. You never know, a logbook loan could really come in handy during tough financial times.

Trade in

Another great way for getting rid of your used car is by trading it in for a new car. Trading it can be really great when it comes to saving you some cash. What happens is that a percentage of the value of your old car is discounted from the value of the next car you would like to purchase. It doesn’t necessarily have to be new though. You could also trade in an old used car for a better conditioned used car. Trading in can save you a lot of cash, especially since you might end up way lower than the original price if you play your cards right.

Put it up for sale

One straightforward way to dispose your used car is by selling it. By now, you already know that you won’t make that much profit, since cars are depreciating assets. That means that they lose value with age. Did you know that a new car can lose up to 40% of its value within the first year? So, don’t expect that much from selling your used car. However, selling is way better than watching it turn into junk. You could put a for sale sticker on it as you advertise it every time you drive around. Additionally, you could put it on offer on a yard sale. Another way to do it is by visiting a car dealer. Make sure you really haggle for the best price though.

Recycle it

Is your rusty old car giving you too much problems? Then that’s a sign that you need to get rid of it as soon as possible. At times, selling a poor condition used car could be quite difficult. Therefore, why don’t you recycle it instead? You could get some good money to take home with you if you sell it as scrap. Visit your car mechanic and negotiate with him of her for a good deal. In case you do not like your mechanic’s offer, you could always visit a recycling company and hear them out. Even though you are recycling, make sure you get the most out of your junk car. You could sell the car as a whole or disassemble it and sell it in parts. For instance, tyres could fetch you more if they are on their own rather than part of the car.

Be creative with it

Do you know that you can use the metal from your used car for decoration? Get in touch with a welding expert and a metal artist and you’ll be surprised at what your junk car can turn into. You could even use it to form an interesting sculpture to put on your front yard. Besides that, you could also use the metal from your used car to form metal benches on your back yard. Additionally, the leather material from your car seats can be modified to something more creative. For instance, they can be tailored to be covers for your outdoor seating area.