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HOW TO GET THE MOST MONEY FOR YOUR JUNK CAR?
Getting the most cash for junk cars depends on lots fo factors and we will cover most of them on this post for your information. Most people think they will get top dollar for a junked car, but the truth is far from it. When you sell your car to a salvage yard or for scrap, you will be approached in two categories.
- Does the car run?
- Is it complete?
If the car runs…. then you will still have to answer if the vehicle is complete, why? because a salvage yard will try to strip the car for parts and the most parts it has the more money they make. same goes for a non running vehicle
Selling junk cars for cash is not a lucrative business if you only intend to sell the parts, there will be a lot of fluff and leftover scrap metals, so you will need to sell those leftover parts or dump it which is illegal. Your best bet is to sell the vehicle to a recycling center that can shred the parts for their metals. You will be paid by the weight of the metals and materials.
Money for a Scrap Car
The cost to repair a car can be substantial, you are looking to buy a part plus labour. this can cost you hundreds of dollar or more. Plus a vehicle can have many hazardous items, including lead, mercury and asbestos. So if you can cost more to repair than what is worth you should consider junking it for scrap or salvage parts. In order to sell the car, the listed owner must pre present with a clean title. Give your local salvage yard a call and ask them how much they will pay you for the junk car.
How Much does a Junkyard pays for car?
The value of a vehicle varies day to day, scrap yard will pay you based on today’s price for iron and other metals your vehicle is composed of. This also has to do with the make, model and year of the vehicle. the newer and bigger the vehicle is the more money you will be paid for it.
So a junkyard usually paid up to $600 for a newer model car with everything on it, this will include the engine, transmission, doors, tires and wheels, headlights, hood, fenders and everything the vehicle came with when it was new. You can call several local yards that buys junk cars for cash.
Back in 2009 the Car Allowance Rebate System or Cash for Clunkers Program was paying between $2,500 and $4,500 That’s worth about $2,900 and $5,100 today. And this helped boost the economy and redefine the automotive industry that was at it’s lowest point back then.
The program ended on November 2009 and many of us were able to upgrade to a newer, more efficient vehicles.
Junking my car for Cash near me
If you decided that is best for you to sell the car to a local junk yard, look a our list of junkyard facilities in our directory, they can give you all the info you need to sell the broken down vehicle to them, also inform you if you need to bring the car to them of if they will come and pick it up.
Some salvage yards will charge you to pick up the car, but if you can manage to bring the car to them you will be paid a little more.
