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Cash for Scrap Junk Cars

Junk it, sell it privately or trade it in?

By Cash for Scrap Junk Cars. Last updated .

Is it better to junk my car, sell it privately or trade it in?

It depends on the car. A running car that passes for a used car may earn more privately or as a trade-in, especially since Illinois taxes only the price after the trade-in. A car that doesn't run, is wrecked or needs more than it's worth usually does best with a scrap buyer such as Cash for Scrap Junk Cars in Crestwood, who tows it free and pays at pickup.

Call (773) 394-1071 for an offer

Once a car stops being worth fixing, there are three ways out of the driveway. Each one suits a different kind of car and a different kind of owner, and Illinois has a few rules that tip the balance.

The three options in one table

Trade it in Sell it privately Sell it for scrap
Suits A car that runs and you’re buying another from a dealer A running car with some life left and an owner with time A car that doesn’t run, is wrecked, or needs more than it’s worth
How you’re paid Credit against the next car Whatever the buyer agrees, often cash Paid at pickup; with us, cash, Zelle or Cash App
Paperwork Title signed over to the dealer Title assignment, then your Seller’s Report of Sale Title (or other accepted proof) and two IDs
Time Part of the dealer visit Listings, calls, strangers test-driving One call, then the pickup
Car’s condition Matters a lot Matters a lot Matters for parts, not for whether we buy it
Moving the car You drive it in Buyer drives or tows it Free tow

Trading in: the tax angle

The trade-in has one advantage the other two don’t. In Illinois, a dealer subtracts a qualified trade-in from the selling price of the car you’re buying before working out the sales tax, so a trade-in saves you tax as well as reducing the price. That credit had a $10,000 cap per vehicle in 2020 and 2021; for sales on or after January 1, 2022, the Department of Revenue’s instructions say the cap no longer applies.

The catch is the allowance itself. A dealer pricing a car that won’t start, or one with a cracked frame, may offer very little for it, and a small allowance saves very little tax. Ask for the trade-in figure in writing, separate from the price of the new car, so you can compare it fairly.

Selling privately: more money, more work

A private buyer will often pay more than a dealer for a car that runs. The work falls on you: photos, a listing, calls, no-shows, and test drives with people you don’t know. A few Illinois points to know:

  • Signing the title. You assign the title to the buyer on the back of the certificate at the sale.
  • Your report of sale. File the Seller’s Report of Sale with the Secretary of State afterward, so the car is no longer tied to you.
  • Plates. Keep them. In Illinois they belong to you, not the car.
  • Signs on parked cars. Some villages restrict them. Midlothian bars any car with a For Sale sign from being parked anywhere in the village unless it stands on a car lot that holds a dealer license, so a curbside listing isn’t an option there.

A private buyer wants a car to drive. If yours doesn’t run, the pool of buyers shrinks to people who fix cars for a living, and they price in the repair.

Selling for scrap: when condition no longer matters

A scrap sale is the one where the car’s condition stops being an obstacle. We buy cars that haven’t started in years, wrecked cars, cars with missing parts and cars without keys. The offer comes from the car’s weight, the metal market and what’s still on it, and our guide on scrapping versus parting out shows how missing parts change that number. The tow costs nothing, and the money changes hands when the car leaves.

A quick way to decide

  • It runs and you’re buying from a dealer: get the trade-in figure in writing, then compare it with a private-sale estimate.
  • It runs and you have time: a private sale may pay more.
  • It doesn’t run, or the repair costs more than the car is worth: scrap it. If you’re weighing a big repair, read blown engine or transmission: repair or sell first.
  • It’s blocking the driveway and the village has noticed: scrap it now; the scrap car removal page explains the pickup.

Owners in Midlothian, Palos Heights and the rest of our area can get a scrap offer here and compare it with the other two, or call (773) 394-1071. The offer doesn’t expire, so there’s no rush.

Sources: Illinois Department of Revenue, Form ST-556 instructions (qualified trade-ins; the $10,000 limit). Midlothian Code § 10-15-4.

Questions we get

Can I trade in a car that doesn't run?
Some dealers will take one as part of a deal, but the allowance for a dead car may be small. Ask for the trade-in figure in writing and compare it with a scrap offer before you sign.
Does Illinois tax the full price of my new car if I trade in?
No. A qualified trade-in reduces the selling price used to work out the sales tax, and since January 1, 2022 the old $10,000 cap on that credit no longer applies.
Can I put a For Sale sign on my car parked on the street?
Check your village code. In Midlothian, for example, a car with a For Sale sign can't be parked anywhere in the village except on a car lot with a dealer license.
What's the fastest of the three?
Usually the scrap sale. One call for an offer, and same-day pickup is often possible. A private sale takes as long as it takes to find a buyer.
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