Trading In a Car with Mechanical Problems
Major mechanical problems in a car, truck, SUV, RV, van, motorcycle or boat used to mean that it was ready for the scrap yard. Even though some cars with mechanical issues can be driven, they can be unsafe for drivers and passengers. It may be an auto recall that was never remedied which led to mechanical failure.
If you are trading in a car at a dealership with mechanical problems, it will be difficult to get your vehicle’s trade-in value. Depending on the mechanical problem, the trade amount may be as low as 50% of the trade-in value. If you are financing a new vehicle as a first-time car buyer and you’re counting on your trade-in value as your down payment, this will offset what you are trying to finance in your new auto loan.
Selling a Car with Mechanical Problems
When selling a car with mechanical problems like a blown motor, broken transmission, leaky water pump, or busted head gasket to a private buyer or dealership, it is nearly impossible to an offer that you want because people want to purchase cars in good working condition. Some car owners chose to repair their vehicle themselves before they sell it but that will take time and money. Make sure you don’t spend more on the repairs than what the car is worth.
All vehicles, with or without mechanical problems have value. CashForCars.Com buys cars with mechanical problems, and we know the value that these vehicles hold. We’ll give you cash for your damaged car and pick it up for free. Simply, fill out the contact form on this page or call us today to sell your broken car the easy and fast way!