How Much Do You Get For Junking A Car?
Table of Contents
How much do you get for junking a car needs careful consideration because there are different places where you can junk it but where you would not get the same amount.
Deterioration of your car down to junk status
There are so many things that can cause a slow but steady deterioration of your car down to junk status. If you no longer want it, how much do you get for junking a car? There are tangible benefits to junking your old car and getting a newer car, and being able to rely on getting from one place to the next is just one.
Your car is costing you a fortune in repairs and this last time you have decided against having it repaired. Your car is a real end-of-life vehicle in the true sense of the word because not it would not even start. It stands in your back garden collecting dust and rust and you believe that no-one in their right mind will be interested in it.
You may have a set idea of what you want for your car, but you may still get various offers for it. Private buyers are quite possibly the most disappointing of all to deal with, as they require a lot of information and details about your car, they want to come and look, they phone you a lot and then, in the end, they lose interest or offer you a pittance.
There are quite a few factors that impact the price, and a lot depends on how you sell your junk car. Each private buyer or dealer will have their own ways to determine the price of a junk car. Age is always the number one factor. It gives the buyer an idea of the wear and tear of a car. Even a car that spends a lot of time parked inside a garage undergoes general wear and tear.
Junk car buyers use a basic formula
When it comes to junk car buyers, most of them use a basic formula when establishing how much do you get for junking a car. They use this basic formula but other factors come in as well. The age of your car, its condition, its mileage, its make and model, and whether it still has all its paperwork in place.
It is important for buyers to know the make and model of your car too when determining how much do you get for junking a car. A car’s make is a brand such as Nissan or Toyota. The make and model and trim levels of a car, even when it has reached junk status, have cost implications. Even cars of the same model can vary in style and trim level.
Dealers and car junkers always want to know the make, model, and age of your car when estimating the price. The current condition of your car plays a large part in its overall price, and it goes without saying that the better condition your car is in the better price you will get for it.
Towing service saves on costs
How much do you get for junking a car can also be worked out by realizing that whether your car is in working condition or not, the junkyard that you choose to sell your car to, will come to your home to fetch your car and tow it away. That is such a huge expense off your mind and needs to be taken into account when working out costs.
What parts will you remove from your car? Many people before they sell their junk cars, look to see what salvageable parts there are. If you want, you can remove all useable parts such as certain electrical components, your GPS, audio system, battery, and all fluids.
Another thing that will tell you how much do you get for junking a car is your location. The area you live in can have an impact on the overall price when selling a junk car. If you live a distance from the salvage yard, then even though they say that towing your car to the junkyard is a free service, obviously if you live far away from the junkyard, then the transport costs will be factored in somewhere.
It is always wise to do a bit of research and try to find a junkyard closer to where you live.
Scrap metal prices
Current scrap metal prices also come into play when calculating how much do you get for junking a car. The prices of scrap metal are continually changing but junk car buyers have an experienced eye. One of the most important elements of a junk car sale is your vehicle’s weight.
For a junk car yard that deals in scrap metal, they already know how much a car weighs. They know that, especially with older cars, half of a quality car’s weight is made up of steel. Buying and reselling steel is business to these junk car yards and the market rates for steel change every day.
Scrap metal dealers use these market rates to determine how much they will offer the seller based on the weight of the car. If you do not want to appear too ignorant about prices and weights for your junk car, you can get the weight of your car in different ways. The quickest and easiest way is to read your car’s manual. Another way is to go online and enter the specifics of their car and get the weight like that.
One thing is sure, how much do you get for junking a car as well as the entire process of selling a junk car is not a difficult one. In fact, it is the sheer speed, ease, convenience, and good price you get for your car that makes selling it to a reputable junk car company such a wise decision.