If you have a junk car that is taking up space in your garage or on your property, you might be feeling that it is high time to do something about it. Even though it has probably served you for many years and miles, a great solution to dealing with your junk car is selling it and earning some cash. Getting rid of your junk car can provide other benefits as well.
As we first mentioned, a car takes up valuable space, so getting rid of it can create a newly freed-up area that you can use for other activities or equipment. Many states require up-to-date registration, even if the car is not drivable so by selling your junk car, you will also end up saving money as you won’t have to pay for registration costs.
If you’ve already made the decision to finally sell your old car, you might be wondering when is the best time of the year to sell your junk car for cash. To get some insight on when to sell your car and make an informed decision, continue reading below.
There is a significant interest and rise in demand for automotive and scrap metal during tax filing season as a result of the majority of people getting their tax returns in the spring. It comes naturally as people have more cash in their pockets for discretionary spending, so they are more likely to spend this money on automotive parts. Since there is an increased demand for car parts during this time of year, you can find junk yards that will be willing to offer you an excellent price for your vehicle compared to other times.
It is fairly easy to find a good junkyard and if this is your first time selling an old vehicle, do a quick Google search first and take it from there. For example, if you happen to live in or near San Antonio, TX, you can do an online search to find a list of potential scrap car buyers where you can sell your junk car for cash in San Antonio quickly. However, make sure you first get multiple offers from different junkyards, compare them, and then choose the one that will give you the best rate.
In general, during the fall, there is an inflated market and junkyards often find themselves with more supply than is demanded, which means that this is less than an ideal selling period. During the spring, many people sell their old vehicles and buy new cars so if you are looking to get the best deal for your junk car, we would not recommend selling during the fall months.
During the summer months, it is common to see a spike in the price of scrap metal due to the high number of ongoing construction and development projects. Summer is by far the busiest time of year for the construction industry and many companies are in great need of scrap metal, which ultimately leads to increasing demand and higher prices.
For this reason, summer is considered an excellent season to get the maximum amount of money for your junk car so do not hesitate to contact your local junkyard and see how much they’ll offer for your old car.
The winter snow and the drop in temperatures causes people to retreat indoors and there are not many activities to indulge in during this period. This also makes the cost of doing business more expensive and leads to a significant drop in the demand for automotive parts and scrap metals.
Consequently, junk yards are not willing to pay a good price for your junk car. In addition, you might also find it very hard to connect with a junk car buyer that will be willing to come out to you and purchase your old vehicle.
So, it is not recommended to sell it during the winter time; instead, wait for warmer days so you could get a better price for your junk car.
Once you have decided to sell your junk car, you might also wonder what is the optimal time to sell. Even though there are junkyard services that can offer top cash for your car throughout the year, spring and summer might still be the ideal selling seasons as you can bag more cash than usual.
A good recommendation is to prepare your junk car for sale, do some online research on the best junkyard services near you, compare their offers and choose a junkyard that will make the entire experience as easy as possible for you.