3 Reasons To Sell An Old Car With Transmission Problems

10 February 2023
 Categories: , Blog

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There are plenty of reasons to keep an old beater around. While these old cars may not have the features or performance of modern automobiles, they can often be relatively reliable and cheap to maintain. However, more expensive failures can often far exceed the car's value, making it a financially poor decision to continue driving it.

While many potentially expensive problems can strike an old junk car, transmission problems are some of the worst issues you may face. If you've begun to notice issues with your beater's transmission, here are three reasons to consider selling it to a junk car buyer instead of driving it or trying to sell it on the private market.

1. High Replacement Cost

Modern automatic transmissions are one of the most complex components in any vehicle. Your car's transmission may contain more than 800 individual parts, arguably making it even more complicated and challenging to repair than your engine. As a result, replacing or rebuilding your transmission can often be excessively costly.

If you're dealing with an older car that may have little value, spending several thousand dollars on a replacement can mean throwing away good money to fix it. Fortunately, junk car buyers are typically only interested in your car's scrap value, so a faulty transmission won't necessarily limit their offer. This approach can help you quickly get the money you need to begin looking for a replacement vehicle.

2. Unsafe Driving Conditions

If you're beginning to notice problems with your transmission, such as slipping or difficulty getting into gear, you may think you can get away with pushing the car a little bit further. Unfortunately, transmission problems tend to progress from bad to worse relatively quickly. Although the symptoms may seem minor, they can become unsafe faster than expected.

For example, a faulty transmission may prevent you from transitioning into higher gears, limiting your maximum speed in high-speed environments such as highways. You may also be unable to reverse, making driving in parking lots particularly hazardous. Selling your car to a junk buyer before these situations occur is often the safest and quickest option to turn your failing vehicle into cash.

3. Long Sales Time

Selling a car on the private market is often a long and challenging process requiring considerable work. Even if you're selling your car "as is," buyers will often expect it to look clean and presentable. The high cost of replacing or rebuilding a transmission also means that many buyers will be wary of your car, greatly increasing the time it takes to find one interested in purchasing it.

If you need to get into a safer, more reliable vehicle immediately, attempting a private sale can mean waiting a long time for minimal benefit. Instead, working with a junk buyer is a great way to quickly get rid of your old beater while still getting some money to put toward its replacement.

Reach out to a cash for junk cars service near you to learn more.