What is My Junk Car Worth?
Updated: Sep 12, 2021
You no longer drive your car, and you need to clear it from your driveway or garage. Maybe you are wondering what to do with it, but did you know you can get rid of it and make some money?
A junk car can be sold to a dealership, in a private sale, or sold as scrap for cash. The question is, how do I sell my junk car? And how do I know what it is worth?
While you won't be getting the exact amount you could if the car was road-worthy, you can still come out of the transaction with a bit of cash in your pocket. There is no exact way of knowing how much you will get for your junk car, but some factors go into how your car's value is calculated. We will explain below how to get an idea of your vehicle's worth and the best place to sell it.
How Do I Sell My Junk Car?
Unfortunately, junk vehicles are not diamond mines waiting to be discovered. However, there are a couple of ways that you can sell your junk car that will make you some money.
Some vehicle owners enjoy working on vehicles and may need the working parts of your car. These amateur mechanics might need some work on their car's body and can use the doors, hood, trunk, and more for their project vehicle.
This is especially true if you have a unique or rare vehicle. Some collectors need specific parts and are willing to take your junk car off your hands and pay you to do it.
Car Scrappers Or Junkyard
You will typically get the most money from a car scrapper. They usually use the vehicle's weight, the working parts of your car, and the steel price to determine a cost to offer you.
Some scrap car removal businesses offer a rate dependent on the vehicle you have, no matter its weight. They may even pick it up and tow it from your house for free.
Some car dealerships periodically offer trade-ins on any vehicle, even if it is junk, as long as you purchase a new or used vehicle from them.
There is usually a cap on the price a dealership will use toward your new car, but it will bring the cost down.
Top Ten Car Companies
If your junk car is made by one of the top ten most popular car makers in the US, it will typically be worth more when you trade it for cash.
These are the top car makers:
If your car is amongst these, there is more demand for your car parts, and therefore, you may be offered more for your vehicle from a car scrapper.
The model of your car will also be a determining factor for how much your offer will be. If you have a popular model of one of the above makes, the car seats, wheels and tires, radiator, windshield, air conditioning system, and lights will fetch more at resale, so you can try to negotiate your price with this.
How Much Much Will You Get for Your Car?
If you choose to sell your car to a junkyard or scrapping service, it is a good idea to have some type of sense of what you may receive for the vehicle.
Your car is valuable to a junkyard for its materials, like aluminum, steel, the catalytic converter, and other elements. This is why they usually pay by weight.
If you have an idea of your car's weight, you can do a rough estimate of what you may be offered. In the US, scrap vehicles usually fetch between $100 and $500, depending on weight.
How Does a Scrapping Service Work?
A car scrapping company purchases cars from people looking to eliminate an undrivable or no longer road-worthy vehicle.
Once you find a car scrap service you wish to deal with, they will offer you a price for your car.
If you agree to the price, they will usually pick your car up from you with a tow truck, which is more convenient than finding a way to move your car to sell it.
You are getting the best return for little to no work on your part. The company pays you and takes your junk car off your hands.
How to Get the Most Money for Your Scrap Car
As we previously mentioned, your car's price is based on the make and model and its weight. However, it is possible to get more for your vehicle if your vehicle is still drivable and has primarily good working parts.
Scrappers can resell your car's components, such as the engine, fans, brakes, and even the seats. To prove that your vehicle has some working parts that are worth a resale, ensure that your car is clean, with your tires adequately inflated and fans working.
Call Cash for Cars
If you have a junk car that is no longer fit for the road or is undrivable, don't let it fester any longer. Get rid of it and make some money while you do it.
Take away: Once you have done some research into your make and model of car, you will know approximately what your car is worth, and you will have a better sense of the offer you will receive from a scrapping service so you can accept it or decline it.
Cash 4 Cars will offer you the best price for your car and will take it off your hands so that you can move on.
Call Cash 4 Cars today to find out what your junk vehicle is worth.
Cash for Any Cars and Trucks
3850 Ramage Run, Huntingdon Valley PA 19006