If you want to make easy money from your old and scrap car, selling it to cash for car services is the best decision. Auto wreckers are professionals who value your car, schedule towing from your home, recycle the parts, and give you a good value for money.
However, it’s essential to understand how much your car is really worth. If you want to sell your scrap cars for cash, here is a guide to understand their value –
Factors Affecting the Value of Scrap Cars
Several factors affect the value of your old cars –
Current Metal Value: The market value of metals is a significant factor in determining the price of your scrap car. Plus, the value fluctuates with changing supply and demand. Scrap yards are well-updated with these changing prices and, accordingly, update their offers, too.
Make and Model: Your vehicle's model and year of purchase are crucial factors in deciding the best price for it. This is mainly because of the materials used in the construction process.
For example, sports cars with more aluminium parts may be worth more because aluminium usually fetches a higher price than steel, as used in muscle cars.
Condition of the Vehicle: Your vehicle’s condition is another major factor. If you have an accidental car, you might be paid less than someone whose vehicle is still in repairable condition.
Marketability of Parts: Individual auto parts, such as the engine, gearbox, wheels, and electrical components, can be salvaged and sold. Your car's scrap value may rise if its parts are in good shape and high demand in the aftermarket. The package's overall worth may increase if certain parts are sold.
An Insight Into the Process of Evaluating the Vehicle
For cash 4 cars services, this is a standard process –
- Weighing your car and assessing the total weight
- Assessing the market value of scrap metal and accordingly deciding the price
- Wreckers will evaluate the salvage parts that can be sold and recycled.
- After dismantling, recycling, and disposing of non-recyclable materials, the wreckers will deduct their processing and evaluate the final price.
Therefore, if you’re planning to sell your scrap car for good cash, make sure you find the right wrecker who can give you one.
