So you have finally come to the decision to get rid of that old, broken down, rusty junk car that has been taking up all your garage and driveway space for too many years! And then, “Uh Oh”, you enter full panic-mode because you cannot find the title document. So what do you do? The answer is actually quite simple, and will give you some much needed relief this holiday season!
Continue reading to learn what you need to do in order to sell a car without a title.
Although a vehicle with a title is worth more because of the potential to resell, you do not necessarily need one to sell a car, especially if you are doing business with a scrap yard or junk car buying company. These enterprises are not in the business of buying and selling cars, but rather, buying cars and dismantling them for the valuable metal components within them.
In these cases, a car title would be quite moot to a junk car buyer. Instead, the primary purpose of a car title when selling a junk car to a scrapper would be to simply prove your ownership. After all, a junk car buyer does not want to purchase a vehicle from an unauthorized seller; this would be against the law. So how can you sell a junk car without a title, while still proving ownership? Well, there is more than one answer. It all depends on your personal preference, the resources available to you, and more.
Here are some possible options:
☑ YOU CAN REPLACE IT
The Bureau of Motor Vehicles (BMV) will allow car owners to replace a lost, faulty, or stolen car title if they can meet all the replacement requirements. This new title will have “DUPLICATE” printed on its face to show that is it not the original document, but it will work just the same. Once a duplicate title is issued, the original one is no longer valid. Visit the BMV Duplicate Title Application page to get started.
☑ YOU CAN APPLY FOR AUTHORITY TO SELL
According to the BMV, “A person who owns a vehicle that has a certificate of title that is faulty, lost, or destroyed, or who is the possessor of an abandoned vehicle may apply to the BMV for authority to sell, give away, or dispose of the vehicle for scrap metal without applying for a certificate of title. An approved Certificate of Authority – Disposal of a Motor Vehicle – State Form 55018 must be provided to the automotive salvage recycler, or other appropriate facility when disposing of the vehicle.”
☑ YOU CAN PROVIDE ALTERNATIVE PROOF OF OWNERSHIP
Some junk car buyers may be able to verify ownership using alternative methods, such as the car’s registration, insurance policy, and other official legal documents. This policy differs among scrappers, so it is not always a guarantee. Be sure to learn about such policies before choosing a junk car buyer to work with.