All over the country, millions of cars will eventually meet their demise. We have developed a convenient service that recognizes the need of owners to have these vehicles removed as they reach the end of their life. Once the number of maintenance issues and repairs outweighs the functional day-to-day value of ownership, a car will be laid to rest in the boneyard. Many of these vehicles are not even old but were the victims of accidents or electromechanical problems that incapacitated them before high mileage was ever incurred. This means that they still retain a “junk car value” for the useful parts that can be salvaged and recycled into other compatible automobiles.
What is Value of My Junk Car
There is no cut and dry answer for categorically determining the value of junk car parts. Because salvage yards have different prices and different markets, the offer can vary widely. The age and condition of the vehicle generally play a key role. A late-model vehicle that was involved in a bad side-impact collision is probably the most valuable junk vehicle. In this case, the majority of the drivetrain parts and many of the body parts will still be as good as new. They can be removed and sold to owners of these vehicles who need parts when the originals wear out.
Another scenario where a late-model vehicle may be worth a lot is when it does not have any impact damage but has electrical problems or complex running issues that make it undrivable. In these situations, the owner may feel that it is simply not worth the risk to invest an endless amount of time and money into diagnosing and pinpointing the problems. All the popular wear items and chassis parts are likely available for resale. People often need to buy bumpers, headlights, taillights, wheels, interior items, and even low-mileage engines when they get into fender-benders or accumulate a lot of miles. You can usually get a good price because there may even be a salvage yard willing to gamble with fixing the problem in their spare time for reselling the vehicle.
Estimating the Total Junk Car Value
The total junk car value would even include the potential for scrap metal weight. Although this doesn’t mean a whole lot compared to the parts in a late-model vehicle, there is always some scrap metal and precious metals from the catalytic converters. The catalytic converter in your vehicle is part of the exhaust and emissions system. It is made of platinum alloys that can be reclaimed and recycled for more than any other metal on the vehicle. The scrap weight of a vehicle is $150 per ton for the steel in the vehicle. This means that you may be able to get $300 even for an empty shell that is sitting in your yard.
Who Determines the Value of Junk Car Parts?
When it comes to determining the value of junk car parts, it is whatever the market will bear. We live in a capitalist society where the prices rise and fall based on supply and demand. A recycler also must consider his warehouse or yard space to determine whether it is cost effective to hold a part for the right buyer in storage. The recyclers have a hard job in determining what parts are going to sell and how cost-effective it is to keep items in the yard or in their warehouses. They can look at the statistics of past sales and gauge what type of products sell. They even adjust their rates from time to time to see if that will entice buyers on hard sell items. From posting advertisements online, they are able to see what range of prices that other salvage yards are selling the same parts at. In the end, it may also be whether the individual feels that it is worth their time to retrieve the part or ship it at a certain price. If the reward for doing something doesn’t look very enticing, it can be hard to compel effort without raising the price.
What is the Junk Value of My Car if I Remove Some Items?
If you remove the wheels and no longer have a rolling chassis, this can bring the price down because it is harder for the salvage yard to tow the car away. Beyond that, the price is all relative, because a nice leather interior may not even bump up the price offered on your vehicle. If you remove too many items, however, the recycler may consider your car to be picked over and might not want to pay more than scrap. It is risky to remove parts due to the perception that things are missing, and that a custom quote needs to be calculated. However, recyclers are usually able to assess the potential value from the individual parts that fit that vehicle.
What if My Vehicle Was Involved in an Accident?
If your vehicle was in an accident, it can be harder to assess the value of the parts. This is because the drivetrain may have been damaged. There are cases where the oil pan bursts and the engine is still running without oil. The engine can seize up and become virtually worthless. Since used engines usually run for $1000 or more, that can knock a significant number off the value. Furthermore, vehicles that were in a very bad accident may have suffered damage to the interior, glass, and body parts, making them virtually worthless.
Vehicles today are meant to self-destruct when they get into an accident and will deform severely from even a fender-bender. In fact, luxury vehicles are often written off as totaled after fender-benders because it costs more in labor and individual factory parts to repair the vehicle when the front end is damaged.
Welding the exotic steel alloys can be difficult and make it expensive to do any bodywork repairs on a BMW or other German vehicles. These alloys are supposed to provide more rigid body frames that are lighter, safer in an accident, and that prevent body flex during cornering. However, firefighters are having trouble cutting through them in emergencies to rescue passengers. And when repairs are needed to the body, SmartWeld technology and special equipment is necessary to identify the alloy and make the correct welds.
Therefore, salvage yards often get a lot of these higher-end luxury vehicles. The parts are very expensive compared to many other models but may not be as easy to sell. This is because there is less of a tuner market for many high-end luxury vehicles. The class of owners who buy them are fickle about the type of parts that go into their cars and where they buy them. This is why domestic brands and others like Volkswagen, Subaru, and Honda will probably reward you with some of the highest prices from an auto recycler. These vehicles have thrifty and tuner fan bases that are more apt to accept salvaged parts on their vehicles and carry out repairs themselves.
Where Do I Sell My Junk Car for Top Dollar?
Looking to sell a junk vehicle fast? A 1800CashForJunkCars.com near you will pay out some of the highest prices and make the process simple and convenient. Many municipalities are passing laws against junk vehicles and forcing owners to move them or face a fine. Don’t wait until your local police fine you for urban blight. Check out our offer and get the prices you want!