Ever wonder how to liquidate your asset?

Moreover, how about profiting out of your used or clunk vehicle? Here's a piece of good news for you.

There are a bunch of platforms existing today that makes it easier to sell your used cars. Whether it's already junky, crappy, still new, pre-owned- in any condition, you can exchange your vehicle for a nice lump of cash.

One that exactly does what it says is SellMax. Essentially, it is a platform for people who wanted to sell off their cars quickly and at a fair price.

This post will tackle everything you need to know about “cash for cars” and, ultimately, do a SellMax review.

Ready to dig in? Let's get started!

Related reads:

• Carvertise Review- How Much Can You Get Paid To Wrap Your Car?
• Wrapify Review- How to earn passive income by driving your car?

What is Cash for Cars?

First off, let's define the catchphrase, “Cash for Cars.” What does it mean?

Cash for cars essentially means vehicle recycling. It has been a growing business model that allows people to sell their vehicles regardless of their type or condition.

Many people are often stuck in situations where they have practically a car junk sitting on the garage. Therefore, finding potential buyers for this type of vehicle can be challenging. Hence, companies like SellMax do the hard work.

With the cash for cars program, people can now free up their garage space and at the same time convert their old cars into money. Thus, profiting and making the most out of it. However, there are still a few steps that you must follow on how cash for cars work (more on this later!)

Furthermore, the average payout ranges between $100-$500, sometimes more or less. This is because of several factors such as the scrap value of your car, how old it is, plus the model and type.

On the other hand, if you are worried about who will purchase such junk, well, either these people are genuinely interested, will use it for scraping, or resell it as a recycled material.

In a sense, you help in reducing metal waste, and it seems environmentally friendly.

How about Cash for Clunkers?

Probably you've also heard about the Cash for Clunkers. Well, it works the same as cash for cars, but the only difference here is that you trade your older car to buy a new and more fuel-efficient vehicle.

Cash for clunkers is also known as the Car Allowance Rebate System (CARS), a federal scrappage program for economic incentive purposes for the U.S residents during the economic recession in 2009.

Back then, it acted as an economic stimulus allowing people to make money out of their assets plus encouraging people to reduced pollution. However, there are undoubtedly critics of the said program.

Ultimately, there are both pros and cons to it. For instance, one advantage is that it provided stimulus to the economy back then and replaced fuel-inefficient cars with fuel-efficient ones.

The cons are it created a shortage of used vehicles and even costly ways to reduce carbon emissions.

SellMax Review

So, now that you have an idea of what cash for cars is and how it works, it probably won't be hard to understand the business model of SellMax. Let me walk you through what exactly it is and how it works.

What is SellMax?

SellMax is a company (founded by Tom and Tony) that buys used cars, non-running, clunker, junk, and even brand new ones. It is a licensed business located in sunny San Diego, CA. Plus, SellMax had racked up several years of experience for more than 30 years. Therefore, less worry in terms of legitimacy.

In addition, SellMax isn't picky. So when they say they will make your car disappear, they will literally do so! Besides, they will literally buy your junk car, regardless of model, make, and type. What a great way to make cash!

Call (800) 225-7500 or fill out their contact form if you want to get your car valuation.

How does it work?

1. Provide your vehicle details.

First off, you must call SellMax or fill out their contact form on their website. Then, you must provide the year, make, model, condition, and location. Of course, these crucial details will help the SellMax team in giving you the best offer.

They will sometimes request additional details related to any missing components or other significant past damages to your vehicle. Another vital piece of information you must disclose is whether you have your car's title or not.

However, if you lost your car's title, they will still purchase it from you.

But what if your vehicle is not paid off yet? Well, no problem buddy, SellMax team will still buy it from you too! Head over to their FAQs to learn more.

2. Receive an instant quote and then review it.

After giving a call to the SellMax team, it won't be long until you receive a quote. Sometimes, they can even buy your car on the same day you contacted them or pretty quickly, within one hour!

SellMax claims that they are transparent with their proposal offer and without any hidden fees.

3. Schedule a pick-up time and receive your payment.

Once you both agree on an offer, SellMax will schedule a pickup time and location that usually works for you. Then, after a quick check of your vehicle and some minimal paperwork, it will be good to go!

Once all the documents are sorted, they will hand you the check to cash out anytime. If there are any issues, the SellMax support team will be ready to assist you.

Related reading: The 20 Best Selling Apps to Declutter Your Stuff

SellMax Review: Cash for Car Reviews

Check out these SellMax.com reviews from people who had tried selling their cars on SellMax:

“Sold my Honda Civic here, and it could not have been easier! The transaction was fast and seamless. This business is a pleasure to work with, and I strongly recommend them!”– Siobhan.

“I was given a very reasonable offer, well within the market value if not above… Great experience overall.” – Rommel.

“Scheduled a home visit… presented us a very appropriate offer… very smooth and professional process. I would definitely recommend, will for sure look to do business with them in future.”– Marc.

“I tried selling my car on Craigslist but got a lot of people who wasted my time or didn’t show up… Found sellmax.com, filled out the contact form, and they contacted me the same day (within 30 minutes) and bought my car quickly. Highly recommend them.”– Ruth

Related reading: 15+ and more Best Websites to Earn Stuff and Make Real Money

SellMax Review: Pros and Cons

Pros	Cons
1. Quick, easy, and hassle-free selling your car and earning money.	1. Pay can vary depending on how much SellMax will valuate your car, plus the type and condition of the vehicle, but one can receive >$500.
2. SellMax will buy any car. For instance, they will buy whether your car is old, damaged, involved in a collision accident, junk, engine damage, engine not starting, a car that hasn't passed smog inspections, lost title, unpaid car.	2. Sometimes, it could take more time to sell your car with SellMax.
3. Application approval takes up to an hour only and can receive payment the same day.
4. You can accept the offer within seven days.
5. Sellmax will either rebuild, reuse, resell the good parts, or recycle your car.

SellMax Review: Alternatives

As you can see, the pros far outweigh the cons. But, SellMax isn't the only one leading the cash for cars business. Check out below other companies that offer the same service.

FAQs

Is SellMax Legit?

SellMax is a legit company that buys used or damaged cars. Besides, it has been in the business since 1990. Pretty solid years of operations.

More significantly, SellMax makes it easier to list used cars for sale. Whether you want to dispose of it or make a small profit out of it, SellMax can help you achieve that goal.

How do I sell my clunker car?

First, you must coordinate with the clunker company or any company willing to buy your salvage or scrap car. Next, you must disclose all relevant details regarding your vehicle's make, type, model, past incidents, etc.

Second, you will receive a quote regarding the valuation of your car. This, of course, depends on the criteria that clunker companies set to decide whether to buy your car or not. But most likely, they will buy it from you.

Then, coordinate a schedule for meet-ups to check your car and do minimal paperwork. Usually, representatives from these companies will offer to go to your house or have a preferred place to talk about the process and negotiate. Of course, you can also go to their various on-site places.

Lastly, SellMax will pick up the vehicle, and they will assist you further in getting your payment check immediately. And, that's it! Nice money at your tips within a day's work.

Is CarVIO a legit company?

CarVIO, another competitor of SellMax, is also a legit company that buys any car's condition. So whether it is a damaged or junk car, it has a special place in CarVIO.

The difference between CarVIO and SellMax is that the former is relatively younger than the latter and is most commonly popular among young adults who want to sell damaged cars.

SellMax Review- Final Thoughts

Overall, is SellMax worth it? Based on our SellMax review, it is worth it to sell your car for cash.

Aside from that, SellMax offers a good deal compared to any other junk or yard sale you may encounter. Practically, you can sell your car even with almost any issue with it. The only thing you have to remember is to evaluate the fair price that SellMax will quote to you.

This is because, still, it will depend on the overall condition and type of your car plus the associated dents or damage along with it.

Also, you have to beware of frauds and scams out there. Remember, SellMax, and like any other clunker company, they are the ones that will pay you and not the other way around.

More importantly, selling and profiting from your junk is better compared to letting it rest and occupy space in your garage.

What do you think of this SellMax review? Have you tried selling your used car here? Tell us your experience in dealing with it.

And if you are interested in cash for cars, don't hesitate to get in touch with SellMax on their listed contact number above or visit their website.