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.