Be in the Know: Common Scams to Watch Out for When Junking Your Old Vehicle

Getting cash for junk vehicles in Fort Lauderdale can be a great way to make a few bucks from your old automobile. However, it can be tricky business. It’s easy to get scammed. To get the most bang for your buck and avoid unscrupulous business practices, keep the following tips in mind.

Your car has value

If a junkyard is willing to take your vehicle, then it has some value. They wouldn’t want to mess with it otherwise. Watch out for any business that says they will tow your car but won’t give you any money for it. Even cars that aren’t drivable have parts that can be salvaged and sold. Don’t fall for the claim that they are doing you a favor by taking your vehicle. Make sure you get payment for it.

The price shouldn’t change

Did the business offer you one price when you contacted them, but then offer a new, lower price once they had your car in their possession? This is a common scam. If you were up front about the condition of the car when you contacted the junkyard, and they quoted you a price, they should stick with this amount. If they suddenly want to pay you less cash for a junk vehicle in Fort Lauderdale, they are simply hoping that you won’t argue the price since they have already towed your car. Don’t fall for it. Demand that they honor their original quote, or take your car elsewhere.

They should pay you up front

Don’t fall for the “check is in the mail” scam. A junkyard should pay you cash on delivery. With today’s technology, they can even do a direct deposit that shows up immediately in your bank account. If they take possession of your car and promise to mail you a check, it’s likely that the money will never arrive. Meanwhile, the junkyard already has your car, so you’re out both your vehicle and the cash. Make sure they pay you immediately when you turn over your car.

You don’t need “freebies”

Another common scam is to offer the vehicle owner incentives for choosing their business. Look at the details of any offers for coupons, free items or gift certificates. They may try to wow you with incentives that distract you from the fact that you aren’t getting the full value of your car. The “freebies” don’t come close to making up for the difference in value, and you end up losing when you take their deal. Keep the transaction simple and straightforward by demanding the full value of your car in cash payment, not in flashy freebies you don’t need.

You must transfer the title

Even if your car will no longer be driven, you must sign over the title of the vehicle. This releases you from any further liability related to the car. If the junkyard tells you they will complete the paperwork later, take your vehicle elsewhere. In these scenarios, the company often skips this important step on purpose, leaving the vehicle in your name. Then, they keep it on their property and send you a bill for storage. Always handle this paperwork yourself.

Avoid scams

To get the most cash for junk vehicles in Fort Lauderdale and avoid any potential scams, contact the trusted professionals at Junk Car Dog. We specialize in same-day service, so you can have your cash in hand right away.