Parting out a car might be the right investment for you if you have some mechanical skill and simply aren’t interested in letting your car go to the junkyard or selling it for much less than its worth to a used car salesman who may or may not be able to refurbish it. While we all have that fantasy of fixing up our old car from the 80s and driving it to the local diner to get a milkshake, that’s in our head if we do not have the time or technical skill to accomplish it.
Parting out our car doesn’t require that much skill at all. We need to be able to safely pull used parts from the car and make them ready to sell. If you have an old car that’s no longer in service, you have no idea how much money parting it out can make you. People love fixing up vintage cars and making them street worthy. It’s difficult for them to do so when the parts aren’t available from traditional manufacturers. It’s your time to make a killing selling that old exhaust that can’t be bought anymore on eBay. Here are a few things to learn and consider when it comes to parting out a car.
Your Car’s Most Valuable Parts
First, let’s take a look at what people are actually buying. The most valuable parts of your car go as followed:
- The Engine
- The Transmission
- Air Bags
- Bumpers and Doors
- Catalytic Converter
The engine is what makes a car move. Along with the transmission, it can be hard to take out. That’s why many choose to hire a professional to part their car for them. While he’ll take a fee, you have no idea how much some of the parts in your car are worth. It can be a time-consuming process, so be sure that you have a weekend or two to spare to complete the process or simply call a professional Toronto car removal to get the most out of your time.
Newer Models Too
Do you have a new car that’s been in an accident? I’d be scratching my head and wondering how I can recover my losses on it since there’s nothing I can do at this point but wright the darn thing off. There’s one way to make a profit on an older car that’s been in an accident severe enough to total the car, it’s parting it. New engines are valuable and can go for a lot of money if you choose to sell it yourself. Stop crying and notice that what’s actually broken is the external parts of the car like the windows and body. While it’s sad that you’ve lost those airbags for good, it should be a pick-me-up that your transmission is still in the works and ready to hit the market.
How much do I have to pay someone for doing this?
It’s better to part a car yourself. Depending on the area you live in and the mechanic you choose, parting a car can cost you anywhere between $47 to $215. It’s certainly not worth it if you go to an expensive mechanic with parts that aren’t in good condition. They’ll still do it for you but the parts you’ll be given at the end may not work well enough to sell. An honest one will tell you it simply isn’t worth it if the most expensive parts of your car are blown. Understand that it is easy to find a mechanic that’s more in the $100 per hour range and that this process does not take very long. It’ll be easier to profit if you gauge what your parts are worth next to the person’s price tag that you’re hiring or simply hire a scrap car removal service so you may get the maximum cash for your scrap car.
Parting Out a Car Is Worth It
Cars are worth what they are because of the machinery located under the hood. It’s easy to make a killing at parting cars if you’re a mechanic. If you aren’t, but simply want something to do with your way too damaged or too old car, parting is a worthy investment if you have some mechanical skill. It’s important to understand that you must gain mechanical skills if you do not have them in order to complete the process safely and correctly. Otherwise, selling those parts in that old sedan might make you a pretty penny. If you are asking yourself “Where can I find cash for cars near me?”, give us a call.
Also Read: Things to do before scrapping an old car
