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So what if I have a junk car but no title?
Well, Texas regulations are pretty clear on this. Legally, you can't sell a car in Texas without a certified title. Legitimate salvage companies won't buy them. Out of state titles are fine. Titles without current registration are no problem. Junk cars without a title can't be legally sold or purchased.
Why do I need a title to sell a vehicle?
The title protects the owner from unauthorized sales (theft!) as well as legitimate buyers from buying stolen vehicles or vehicles with outstanding liens. If there are liens on the title such as from the bank, the borrower still owes the money regardless of whether the vehicle is in their possession. Technically, the lienholder (bank, dealership,finance company) still owns the vehicle so the sale may not be valid and the buyer's money is probably lost.. http://www.ehow.com/info_8097788_can-sell-car-original-title.html
What if I used to have the title but I lost it or just can't find it?
If you can't find the paperwork, no problem. If you can wait a month, go online, pay $2 and request one from the DMV. If you need one today, you can go in person to a regional DMV office with the right documents, pay less than $6 and get a new one. See this link http://www.dmv.org/tx-texas/replacing-a-lost-title.php
Can I sell the vehicle that was abandoned on my property?
If the car has been abandoned on your property for over 48 hours, you must still get the original title before you can legally sell it. Track down the owner through the DMV and ask him/her to sign it over to you. If you want the vehicle removed from your property and you can't find the owner or they won't cooperate, you must call the police to have it towed. The owner (name on the title) still owns the vehicle, regardless of its location. Unless you are the owner of a storage facility or garage where the vehicle was abandoned, you cannot collect storage fees.
What about bonded titles?
Selling a car with a bonded title is no problem. If you have a vehicle without a title and want to sell it, getting a bonded title is an option. The process isn't quick and you must meet certain conditions. You must be a Texas resident. The vehicle must have been previously titled in Texas and cannot be junked, abandoned, stolen or missing any necessary components (frame, body, motor.) You must purchase a surety bond at 1 1/2 times the value of the vehicle should the owner return and assert ownership. For complete details, click on the following link http://www.txdmv.gov/vehicles/titles/bonded.htm.
What about those junk buyers that claim "No title - No problem"
There are junk buyers out there that operate outside the law. No legitimate salvage company will buy a junk vehicle without a title. Some buyers may purchase your vehicle for parts and scrap the metal. Others may get it running again and resell it without a title, combine it with (an)other vehicle(s) to make a "frankenstein," get a bonded title or send it out of the state or country. Typically you'll get no more than $50-$100 for your vehicle, far less than if you sell it with a title. You'll get more money and stay within the law using one of the methods above. This protects you, the buyer and future unsuspecting buyers down the road from harm and loss.
So, what do I do next to sell my junk vehicle?
It's simple. Locate your keys. Find your title or get one using one of the methods above. Don't sign anything just yet! Find your phone and give Salvage Auto Queen a call @ (512) 294-8822. We'll quote you the best possible price for your junk vehicle, have a tower contact you to schedule pick up convenient to your schedule and recycle, reuse or dispose of your vehicle consistent with public safety and a safe, green Austin environment.
ProWe vide FAST Service with FREE TOWING to All Areas within 30 miles of Austin Texas**Round Rock Cedar Park Georgetown Pflugerville Westlake Manor Elgin Dripping Springs Lake Travis Lakeway Kyle Buda**
...and everywhere in between!
SALVAGE AUTO QUEEN
Austin, TX
512-294-8822