If you intend on selling your vehicle, you will usually find that you have two options to consider: accepting a cash offer or selling it yourself. Each option tends to come with its own benefits and downsides. For example, accepting a cash offer by trading cash for junk cars near me is usually the easiest option, as it means that you will not have to end up dealing with any lengthy paperwork since the dealer will usually handle that for you.
However, the disadvantage of this option is that it also means that you will not get the full retail value of your car. On the other hand, if you decide to sell it yourself rather than on USCarJunker, then you will have to handle finding a buyer yourself, going on test drives, and even having to deal with lengthy paperwork.
And while it will usually yield a bigger payout, the problem is that it isn’t always worth the additional hassle. It is for this reason that it is often a good idea to simply opt to use a cash for car service, especially if you happen to be looking to secure funding in a hurry and/or can’t be bothered to go through that entire selling process.
What Are The Pros and Cons Of Accepting An Instant Cash Offer?
As mentioned before, one of the main advantages of accepting an instant cash offer is the level of ease that it provides, as the approach effectively comes without any of the complexity and time requirements that typically come with a private sale.
Another benefit is that a car’s condition doesn’t necessarily impact the selling process, as while the car’s condition will affect the final quote, the fact of the matter is that this company is open to accepting vehicles in any shape. Lastly, the speed of the selling process tends to be almost instantaneous, which makes it ideal if you need cash for an emergency.
For instance, applying for funding from USCarJunker can allow you to sell your vehicle and receive payment in as little as 24 hours. On the flip side, the downside of an instant cash offer is that the final sale price will often fall short of a private sale.
Furthermore, this approach tends to lack any form of negotiation, which means that you cannot highlight the car’s condition and other factors to secure a better price. In most cases, the offer you get tends to always be the final offer, which means that the only way you will be able to get a better price is by reaching out to other companies.
How Does The Entire Instant Cash Process Happen?
The entire process is usually designed to be completely simple and straightforward, as you will be able to submit the car’s make, model, year, condition, and other details on an online form for review. You can usually expect to receive an offer by phone or email within 24 hours of submitting the form, which is usually valid for seven days, but keep in mind that some companies will usually expect to receive a response within 24 hours.
If you choose to accept the offer, the company will usually arrange a time and place to fully inspect the vehicle and its condition, or you may simply need to send photos. If the company representative is satisfied with the vehicle’s condition, then you simply need to agree on a time and place for them to pick up the vehicle.
You will also be required to upload your vehicle’s title and registration paperwork to get the ball rolling, while any other paperwork that you need to sign will be emailed to you. When it comes to payment, you can expect to receive this typically via a check or a bank draft, which may take a few days to clear. However, there are some who offer payments via direct deposit or even cash.
How Much Money Can I Expect To Receive?
If you are the owner of a “junker” that is inoperable and has no hope of restoration, then as a base figure, you can usually expect to receive a few hundred dollars from the company. However, if the vehicle is in relatively good shape, then it will normally fetch you a significantly higher price, with some customers even able to get $10,000 – $15,000 depending on the model, make, year, and condition of the vehicle.
For example, if you happen to be selling an old SUV, you can expect to receive a higher offer than if we’re to sell a mid-sized or small vehicle because the SUV will usually be bigger, which means more scrap metal for the company to sell and make more money.
However, if you would like to learn more about the process, you can always reach out to the customer service team at USCarJunker, who can walk you through the process, which should help you make a decision on whether or not you should accept their offer.