What affects the value of a damaged car? Here’s what buyers look for

Even a damaged car has value. Our team understands that there are buyers willing to purchase a non-running car. Whether your car has minor dents or major mechanical issues- there is a market to sell your non-running car.  

Knowing what buyers prioritise will strengthen your selling position if you’re looking to sell a non-running car for cash.

Factors impacting your non-running car’s worth

Here are a few factors that affect your non-running car’s resale value:

1. Extent of damage

One of the biggest factors affecting your non-running car’s value is the severity of its damage. Buyers categorise damage into three main types:

• Cosmetic Damage: Minor dents, scratches, or faded paint can reduce the car’s value slightly, but it remains appealing to buyers looking for easy fixes.
• Mechanical Damage: A non-running car with engine or transmission issues is harder to sell, but the parts, especially the metal parts, still hold value.
• Structural Damage: If the frame is bent or the car has been in a serious accident, its resale value often significantly drops.

2. Make, model, and year

Since extending our services to create a solution to approximately 70% uninsured motorists, we have noticed that older vehicles- especially those over 15 years old may not have resale potential unless they are rare or classic models. 

Another thing buyers look for when buying a non-running car is the parts of SUVs and trucks—that is where their money is. These parts tend to fetch higher prices, even in damaged conditions. 

It is also important to note that certain brands and models hold their value better than others, thus affecting their resale potential. 

3. Market demand

The demand for your non-running car’s make and model plays a crucial role in determining its value. In South Africa, vehicles like the Toyota Hilux, Volkswagen Polo, and Ford Ranger tend to retain value due to the high demand for parts. 

Additionally, seasonal factors impact pricing-bakkies and SUVs are more sought after during winter and rainy seasons, while fuel-efficient compact cars attract buyers amid rising fuel costs.

4. Mileage

Higher mileage usually reduces a vehicle’s value, but some models, like Toyota, are known for reliability and can still attract buyers even with extensive mileage. We have a dedicated team of staff who can make this process as seamless as possible for you; reach out. 

5. Location and towing costs

Where you are located affects how much you’ll get for your car. Buyers consider transportation costs when making offers. If your car needs to be towed, this could reduce your final payout. Looking for buyers near you may get you more value for your non-running car. 

6. Vehicle title status

A car with a clean title is more valuable than one with a salvage or rebuilt title. Your non-running car decreases in value if it is declared a total loss by insurance- making it all the more challenging to sell. However, even a salvage title car has worth, especially if it has reusable parts.

How to fet the best offer for your damaged car

Here are a few tips on how to get the most value when selling your non-running car:

• Gather all necessary paperwork, including the title and service records.
• Get multiple quotes to compare offers.
• Consider selling to a specialised buyer who purchases non-running vehicles.

Ready to sell your damaged car?

No matter the condition, your car still holds value. If you’re wondering, “Who buys non-running cars near me?” look no further. Get a hassle-free quote today and sell your non-running car for cash.

Get a Fast Cash Offer from SellYourDamagedCar now!