So, you’re considering parting out your car.
Maybe you’ve been in an accident or the cost of replacing your engine exceeds the car’s resale value. Before you begin, you need to have a plan that will maximize the amount of money you can earn from the parts while minimizing the hassle of selling and removing those parts. These 5 steps will make the process easier, and will ensure that you aren’t left with a pile of parts you can’t sell.
1. Determine if your car is worth parting out
Before you start disassembling anything, you should determine if there is any demand for the parts of your car. If your car is more than 10 years old and few people still drive your model, then there may not be enough demand for used parts. Demand is often stronger for Asian and European parts, and those parts sell at a premium.
2. Make a list of high-dollar parts, and estimate the value of each part
If your car has been in an accident but still runs, then there is still value in the engine, transmission, suspension, and interior. If your car has a bad engine, then the transmission, interior, and body parts can still be sold. To estimate the value of each part, you can search for the part on PartsMarket.com. You will see a range of prices that different sellers are asking for similar parts. To sell the parts fast, choose a lower price. If you’re not in a hurry, then you can initially list the parts for a higher amount.
3. List your parts for sale online
Now it’s time to list the parts for sale. Start by taking pictures of the car’s exterior from each side, of the car’s interior, and under the hood. Next, upload those PartsMarket.com and list the available parts with pictures. In the process of listing, you will see a list of different mechanical, electrical, body, interior, and suspension parts. The list may include parts that you overlooked so you can add those to your list.
4. Disassemble the car
Once parts requests start to come in, be careful that you disassemble the car carefully methodically. If you’re selling the engine and transmission, try to keep the car in running condition until those high-value parts are gone. If you sell the battery and can’t start the car, then prospective buyers will have a hard time verifying that the engine runs. If you need the car to be movable, don’t be in a hurry to sell the wheels. Most importantly, be careful not to damage the parts you are removing or any adjacent parts. If you can’t figure out how to remove a part properly, then do some research online.
5. Dispose of the shell
Once you’ve sold most of the valuable parts from your car, you can remove any remaining high-dollar items and tow the shell to a scrap metal facility. You can find a cheap tow truck on Craigslist, and you can get several hundred dollars for the metal. You can store the remaining parts in a shed or garage, and wait until the right buyer finds you on PartsMarket.