For Beginners: How Cash For Car Companies Work

Posted By Wade Morrison on May 12, 2018 | 0 comments


When it comes to getting rid of a vehicle, most people think that there are only two options: selling it yourself privately or negotiating with a dealership. But there is a third way: that of visiting a cash for car company or a scrap metal dealer. Two different names, but both under the same umbrella in how they work.

Many people don’t know about these companies because they are not common knowledge and don’t exactly promote themselves too often. Yet, they are a vital component to the car and mechanic market. So how do they work? Here is a beginner’s guide for you:

How They Work?

The basic premise of a cash for car company is to trade cash for your vehicle. They will provide you with a quote based on a host of factors (such as vehicle age, condition and others) and if you agree with it, they will come and collect your car for free – and pay you the cash!

What Is The Process?

As we mentioned above: it is merely the simple trade of cash for cars. There is a simple process in which most of these cars go by, so we are going to lay it out for you below:

  • You contact them and provide them with all the key details of your vehicle, including make, model, condition, year and kilometres driven

  • They will provide you with a firm quote on the value of the car.

  • You either take it or leave it

  • If you accept it, provide them with an address for the removal of your car across Melbourne 

  • They come, check it up to see if it matches your claims

  • If they are happy with it, they pay you for it or negotiate a new deal

  • You take the cash; they take the car

What To Look For In A Company

There are many factors to consider when it comes to finding a cash for car company that is going to take your vehicle. Below is a list of things that you have to consider:

  • If they take your vehicle

  • How much they will give for your vehicle

  • If they will come and get your vehicle

By comparing these three factors between cash for car companies, you will be able to find the best person for the job. Look out for them and keep the hunt going until you have the right company for you. For more information on looking for a cash for car company, contact us now and speak to us today.