Top Things To Know About Vehicle Titles When Selling A Junk Car For Cash

If it's your first time selling a junk car for cash, you might be excited about the fact that you have an option for selling your non-running vehicle for cash money. However, you might not know much about working with the companies that pay cash for junk cars, and you may have some questions. For example, you could be wondering about whether or not you need to have the vehicle's title in order to sell it as a junk car. These are some of the things that you may want to know about vehicle titles and how they apply to selling a car in this manner.

You Will Probably Need the Vehicle's Title

First of all, you should know that there's a good chance that you will be required to produce the vehicle's title when you sell your junk car for cash. In some states, this is required. Plus, many companies that purchase junk cars require vehicle sellers to provide a title. This helps show that you have the legal right to sell the vehicle. It also gives you the ability to transfer the vehicle title to the junk car buyer so they can move forward and do what they want with the vehicle. If you don't have your vehicle's title, you may need to work with your state DMV to order another copy before you can sell it to a junk car buyer. Luckily, this process is typically fairly straightforward.

You Shouldn't Have to Find a Notary

As long as the title that you have for your vehicle is in your name legally, you should be prepared to make the sale. If your state requires you to have the title notarized when selling your car to another party, you typically will not have to worry about finding a notary yourself. After all, these companies are used to making these types of transactions all the time, and they often have a notary on their staff or have knowledge about where to go for notary services.

The Status of the Title Shouldn't Matter

Although it's true that you will probably need the vehicle title for the car that you are selling for cash, it typically does not matter about the status of the title. In some states, for example, vehicles are assigned a "salvaged" or "totaled" title if the car is seriously damaged in an accident or because of a natural disaster. Although this can make it much more difficult to sell the vehicle to a dealership or a private buyer, this should not be a problem when you're selling to a company that pays cash for junk cars. After all, these companies typically purchase cars in all sorts of conditions.

For more information, contact a company such as Cash For Cars.