Here’s a common and frustrating situation. You’re ready to sell your old car to help pay for a new vehicle purchase. You have an interested buyer, and you have agreed to a fair price. Before the sale goes through, you have to get your car inspected to make sure it’s up to snuff. Then, the unthinkable happens. Your car fails. Don’t panic. Instead, try these five tips to help you deal with a car that won’t pass inspection.
1. Junk It
The first option that makes you lose the most money is to simply junk the car. This may be the only viable choice if your car fails its inspection due to a major systems malfunction. If the car is unable to pass and the repairs are costlier than the worth of the car, it may be best to cut your losses and to simply junk it. You’ll need to get your car towed or drive it to a junkyard in your region to get rid of it.
2. Donate It
Another way to get some money for a car that has failed its sales inspection is to consider donation. If the sale can’t happen and your car is too expensive to fix, donation may help you get some money back for it. Research organizations in your region that need car donations, and call them up to schedule an appointment. You’ll be eligible for a tax deduction that could potentially save you hundreds or thousands of dollars when you file.
3. Repair It
If the inspection failure is due to something minor, it makes the most sense to repair it. Do your homework before committing to a repair shop. Look for a reputable mechanic who has a good and honest reputation in your area. Once you get the repairs done, make sure your buyer is still ready to pay for the car. If the sale falls apart due to time constraints, you can look for a new buyer and take some more time to sell your newly-repaired vehicle.
4. Cash It In
If the repair option doesn’t work for you, there is still an easy way to get money for a car that isn’t worth a lot. There are plenty of car owners who use cash for cars in Baltimore to get some money for their old vehicles. That way, you don’t have to waste your garage or driveway space with an older car that isn’t working for you. Some of these places will come to you to remove your car at a time of your choice.
5. Take It Apart
The last way to deal with a car that can’t pass an inspection is to take it apart and sell off the most valuable parts. If you have a friend or family member who can help you with this, that’s a plus. Look for someone with some experience as a mechanic to help you find and remove the most expensive car parts. Then, put them up for sale on various websites to cash in.
If your car fails its inspection before you complete a sale, you don’t have to write it off completely. There are still several ways to get cash for your car easily.