When you’re ready to sell your junk car to a local auto salvage yard in Cincinnati, there is a particular process that must be followed to lawfully handover ownership of the vehicle to the buyer. Continue below to learn the 3 step guide to transferring ownership of a junk car, plus which cash for cars company in Ohio to trust for the maximum payouts and free vehicle removal.
Junk Car Selling Process in Cincinnati
You can ensure a streamlined junk car selling process in Cincinnati by choosing the right junk car buyers in Ohio. A reputable cash for cars company will make the process easy and convenient, while also paying out the fairest offer for your junk asset. Of course, there are some steps you will need to take as well to ensure that the process is carried out with integrity and in a way that absolves you of any legal liability.
How to Transfer Ownership of Your Junk Car:
Start With the License Plates
Depending on your state, you will be required to either return your license plates into the BMV or have them transferred to another car. When given the option, most people prefer to transfer their license plates rather than get new ones. Getting new license plates can sometimes be a lengthy process. Because it varies among jurisdictions, it is recommended to contact your local DMV and ask them if there is any necessary paperwork that should be done for a license transfer.
Move Onto Insurance
The next step in the ownership transfer process of a junk car involves insurance coverage. If you’ve had your junk car for a long time and you only selling it for the scrap metal, you probably don’t have an insurance for it. But in most cases, junk cars start off covered under an insurance policy. It is important to cancel your insurance coverage for a junk car before turning it over to a cash for cars company in Cincinnati. You may get lucky and be given a prorated premium for canceling your policy early. Or you might be unlucky and be charged a cancellation fee. It really just depends on your carrier.
Finish With the Title
To sell a junk car to an auto salvage yard in Ohio, you yourself must prove that you are the lawful owner of the vehicle and can legally choose to sell it. A car title is the best document for proving ownership of the vehicle. Some scrap yards will accept alternative forms of proof in the case that you’ve lost the car title, or it’s been destroyed or stolen. Additional forms of proof might include car registration, lien, or insurance policy. When the junk car tow truck operator arrives to collect your vehicle, sign the title over to them. In return, they should pay you cash on the spot!
Are you looking for a trusted cash for cars company in Ohio that will pay you the most money for your junk car? Contact GC’s Junk Cars at 513-991-4776 to sell an unwanted car to a professional junk car buyer in Cincinnati, Ohio. We offer free towing and pay cash on the spot!