Ways to Make Extra Cash From Your Old Car

Are you looking to make some extra cash but don't know where to start? Consider taking a look at your old car. Your car may no longer be in use, but it doesn't mean it's worthless. 

In fact, there are plenty of ways to turn your old car into extra cash. From selling parts to donating it to charity, this article explores six different ways to make extra cash from your old car.

Sell Your Car For Spare Parts

If your car is no longer in working order, consider making some money off its spare parts. The parts from older cars can often be bought for a lower price than newer models, which makes finding someone interested in purchasing old car parts more likely. 

Some popular parts to sell include engines, transmissions, and doors. You can advertise your car parts for sale on places like Craigslist or eBay, and you may be surprised at how quickly they are purchased. 

You can also reach out to a local junk car buyer near you, like Texas Junk Car Buyer.

Sell Your Car to a Salvage Yard

Another option to consider is selling your car to a salvage yard. Salvage yards buy cars that don't work for a living, and they may be willing to pay you for your old car in return for the spare parts on it. 

Some salvage yards may even take the entire car off your hands for cash. However, be sure to compare offers from different salvage yards to ensure you get the best price for your car.

Donate Your Car to Charity

If you want to make a positive impact while also earning some extra cash, consider donating your old car to charity. Many charities accept car donations, and they will often provide a tax deduction for the donation as well. 

Some charities will even tow the car off your property for free, making the donation process completely hassle-free.

Rent Out Your Car

If you don't plan on selling your old car or donating it to charity, consider renting it out. There are plenty of people who need a car for a weekend, week, or month but don't want to commit to buying a new one. 

You can use websites like Turo or Getaround to rent your car out to someone in need. Just be sure to communicate with the renter about any driving restrictions or rules you have before they take it out for a spin.

Sell Your Car Privately

If your car is still in working condition, consider selling it privately. This means advertising your car for sale on sites like Craigslist, Facebook Marketplace, or Autotrader. 

You'll have more control over the selling price, and you won't have to pay a commission fee to a dealership. Just be sure to do your research and make sure you're selling your car for a fair price.

Use Your Car for Advertising

Lastly, consider using your old car for advertising. There are plenty of companies that pay people to drive around in their branded cars, which can be a unique way to make extra cash. 

You'll have to be comfortable driving with a car wrap, but you'll be getting paid while you do it. Some popular car advertising companies include Carvertise and Wrapify.

Your old car may no longer be a daily driver, but that doesn't mean it's not worth anything. From selling parts to renting it out, there are plenty of ways to make extra cash from your old car. 

Consider these six options to turn your car into a financial asset while also doing some good for others.

3 Reasons to Consider Trading for A Better Car Before Winter

It’s getting closer to winter than you might realize. As the chill starts to move into the air, you may need to think about trading in your current vehicle. Below are just three of the reasons to consider trading in for a better car before winter.

Simple Safety

The winter is a dangerous time for drivers. If you live in an area with snow, you already know that older cars have a tendency to develop more problems. If you live in a warmer area, you may well have to deal with ice instead of snow—something you definitely don’t want to chance with an older car. 

It may well be time for you to trade in for a newer vehicle, one that can keep you safer as the weather changes. It’s better to start looking now than to worry about your car when the freezing starts.

Great Deals

It’s also a smart idea to trade in before the winter because there are some fantastic deals you can find. The colder months aren’t always the best months for car dealerships like and many dealers look to make a profit before the weather turns. 

Whether they are looking to get rid of older models or they just need to make money before the end of the year, dealers are often able to give better trade in deals right before the winter begins. 

If you can get into a dealership like Young Automotive Group with a decent trade, you stand a much better chance of walking away with a great car that you are actually able to afford.

Keeping Value

Finally, you might want to consider trading in for a new vehicle before winter sets in because you’ll get more for your old car. The winter can be rough on vehicles and trade-in values tend to decline when there’s rust or damage on the vehicle. 

The sooner you are able to trade in your current car, the better—especially if your car is in good condition. With a little luck, you’ll be able to trade up to a new vehicle while your old car can still fetch a good trade-in price.

Trading in now can get you a better deal, maximize the value of your car, and keep you safer on the winter roads. Don’t delay just because you think you might get a better deal if you hold out—both your bank account balance and your personal safety may affected if you’re not willing to look at trading in before the winter finally arrives.

Get the Most Money of Your Used Car with These 5 Improvements

The easiest way to sell a car is to be confident about the goods. Make your car easy to sell and at a good price by investing a little bit of your time and an affordable amount of money. This is what will help the new owner feel like they struck a good deal.

Do the minor repairs

Provided that the car you are selling is in a good general state what you need to do is have a look at your dashboard and see whether there are any unwanted lights on. 

 Your car is maybe signaling that there are still minor issues to be removed and this is something that you want to do before you sell it. Being honest about the issues with a customer is a right thing to do, but it is even better to have nothing to report.

Take it for regular maintenance

Once everything is repaired, check whether your car is due for regular maintenance. Have the oil replaced, check the battery and the wheels. 

This is something that the new owner would most likely do first thing after purchasing the car, but you having proof of it being done just recently will set them in a good mood and help them make the decision.

Make it pretty!

Make your car nice to look at. You want it to be a pretty sight so it can leave a good first impression and make the potential new owners feel great about it. 

Take your car to an auto body shop and ask them to fix any visible dents or scratches. Also, if there are signs of rust especially at the underbody, ask them to remove it and protect the car appropriately.

Check the inside

Give the inside of your car a detailed wash. Check whether paint started to peel off or is worn off and repaint it. Estimate the state of the upholstery and judge whether any of it needs replacing. 

If you cannot clean it so as to look as good as new, consider buying new car seat covers and new mats. Check the stereo and the speakers and make sure they are functioning properly as it will add to the entire experience of driving the car.

Deals on Wheels

One of the first things I have mentioned is checking the wheels. You can take your car to an auto service center and have a professional mechanic align your wheels or, alternatively, you can do it at home if you are generally ok with DIY stuff. 

Have a look at the tread on your tires and replace them if they are not in the best of shape. This is one of the things that a buyer will instantly spot as they are probably calculating in the expense of getting new tires. 

Get cool hub caps, make sure the style matches your car, polish them and spray the tires.

Depending on how quickly you need to sell, if it is an option, think about selling it yourself as you will get a better price without having a mediator. Any dealership will give you a lower estimate on the car as they need to earn from the transaction as well. 

Remember to provide the new owner with all car related paperwork and advise them on all the repairs and maintenance you have done.

Having done all of the above will make your car look brand new. Don’t forget to give it a good wash and a wax as people generally like shiny things. 

If it is not too much to ask, throw in some perks such as emergency equipment, the vest, triangle, a first aid kit etc. Let your old vehicle do you proud one last time.