How to Sell Cars for Cash From a Deceased Estate?

Selling used or old cars for cash demands a systematic approach to ensure that you get the best price of your car. However, things are doubly complicated when things come down selling cars from a deceased estate.

When an owner of someone has passed away, the vehicle owned by the person, much like the other possessions falls in the custody of the executor of the estate or will or a someone in relation to the deceased. The rules for selling such a car whose owner is deceased vary slightly from the rules of selling other old, scrap cars. On this page, let us discuss the rules to be followed, to sell cars for cash from a deceased estate.

Ascertaining the Value of the Car

Before taking any step, you need to ensure that you have a fair idea of the value of the car in question. There are several ways to know its price. However, the most authentic and the easiest way to do so is to get in touch with a reputed car wrecker. They are able to provide them with the right price of the car, depending on its age, make, model and condition. The professional wreckers have a sound knowledge of the spare parts of any vehicle, old or new, of any make and model. They use all their experience to gauge the condition of the spare parts and determine the perfect price of the car.

Dealing With the Documentation

When it comes to dealing with the car of a deceased individual, providing ownership is trickier, unlike other cases. To start with, the will executor needs to collect a probate, for transfering the car to the relative or the person it is willed. Next, you need to furnish the death certificate to the authorities concerned.

If there is a valid will in place, a valid government ID, a probate document, or a proof of ownership has to be provided. In case there is no will, the seller of the car has to obtain a statutory declaration, stating your relationship with the deceased. You can be the joint operation of the car or the next of kin. Before you sell the car, you need to obtain all the necessary documents, by taking time. Remember, things are more complicated in the case of selling the old car of a deceased individual, than it is when you sell your used car.

Transferring or cancelling the registration

In case the car is still registered, you need to either transfer the registration or cancel it. It is quite a complicated process, and a comprehensive one as well. In case the vehicle is unregistered, you need to fill in a vehicle sale form. If you have decided to sell the car to a car wrecker, get in touch with them once the processes are done with.

Last but not the least, you need to understand the liabilities and cancel all the remnants, before taking the final call. If you are planning to sell the car of a deceased person, you need to take steps that are different from what you do to sell your car. For that, you need to get in touch with Car Removals Canberra and ask for further suggestions. Call us to know more.

How Licensed Or Unlicensed Cars Impact Cash Offers?

While planning to sell a car, an important factor that affects the cash offer is whether the car is licensed or unlicensed. This factor significantly affects the cash offer, whether you are selling a car to a private buyer or a car removal company. If you need cash for cars in Canberra, then you must consult with a car removal company to get an estimate for the car you are planning to sell or dispose of. It is essential to know the difference so that you can make a more informed decision while selling your car.

Licensed Car: A licensed car has an active registration that complies with the respective state rules. The registration is up to date and has a roadworthy certificate, which means the car is legally eligible for driving. A licensed car usually has car insurance as well.

Unlicensed Car: As opposed to a licensed car, an unlicensed car does not have a registration. This may be because of the fact that the car has not been used for a long time, and the owner has not renewed the registration. It may also be possible because it has failed the roadworthiness inspection and there is no certificate. It is not legally eligible for driving, and will require a re-registration and a roadworthy certificate to be able to drive again.

Whatever the condition of your car is, it is always advisable to contact a car removal company to get easy cash for old cars in Canberra. The cash offer is significantly different for licensed and unlicensed cars. So, let’s take a look at the key differences in each scenario.

Cash Offers for Licensed Cars

Selling a licensed car means it is readily available for driving, which becomes a great advantage while selling. That’s why licensed cars get a higher cash offer as well, because all the necessary paperwork is already done. This also means that the car’s ownership can be easily transferred when the paperwork is available. Having a license for your car increases its market value and some dealers may even give a better price for it.

Cash Offers for Unlicensed Cars

On the contrary, unlicensed cars will fetch a lesser cash offer than a licensed car, as the buyer will have to spend extra on getting necessary paperwork done. The car may even need repairs to make it roadworthy again, and so the buyer will offer less cash for the unlicensed car. All these factors contribute to getting a lower cash offer than a licensed car, and even lower chances of reselling an unlicensed car.

For these reasons, there is a huge difference in the cash offers and market value for licensed and unlicensed cars. That’s why it is recommended to contact a car removal company to get the right offer for cash for used cars in Canberra, and save yourself from the hassle.

Need Help With Selling Old Cars?

Car Removals Canberra is one of the best car removal companies. We offer the right price for your car and save you from any hassle of reselling a car. Call us at 0474 111 666 to book a service.