This cash will enable you in meeting up various kinds of daily expenses like premium payment, house rent, payment of utility bills and others. If you are intending to buy a new car and want to make initial down-payment, then you can choose the option of selling out your existing car. In this way, you will have enough cash in your hand for investing in your new car.
If your car has got severely damaged, then you can take the decision of selling out the car.
Severely damaged cars involved higher repair and replacement costs and if you are not ready to bear the same, then nothing can be the best option other than selling out your car to any junkyard. There are many critical financial emergencies that can be only fulfilled by means of the concerned option.

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