What Is My Car Worth?
Did you know that your car depreciates by about 15% as soon as you leave a seller? Therefore, a car that you owned for eight years or more is now a junk car, especially if you bought it used. So at this point, you may be wondering, “what’s my car really worth?” Unfortunately, that can be difficult to find out.
It’s not uncommon for owners to have misconceptions about the value of their vehicles. Some owners may think that their car might still be worth a considerable amount of money, even when it may be worth a lot less. Prices change for a vehicle depending on a variety of different factors like the seller, the car’s condition, and the current market value. Once you consider these factors, the price of your car can drop significantly.
Where to Sell My Car?
Selling your car is not the easiest thing to do, especially if your car is old enough to drink. Luckily, plenty of places are willing to buy your car, even if it is as old as you are. These places can include scrappers, junkyards, salvage yards, and various other businesses. These companies deal in cars that are not functioning properly and will accept your car with open arms. Now you may be wondering, how much do junkyards pay for cars? And that greatly depends on the car itself and the overall quality it is in.
Another good question that most people ask is how much money for my scrap car? Similarly, this also depends on the type of car you have, as well as its age and condition.
The Money That You Could Possibly Make With Your Car
Junk cars rarely ever go well on sale. Even if it is in relatively good condition, sellers are rarely ever willing to give you over $600 for it. And that is if it is in really good condition. So when considering the cash that you could possibly get for your car, you should always keep your average around $500 to $200. And if you are able to make $500 cash from a junk car, then that is about the best deal you can get.
What If Your Car Isn’t A Junk Car?
Before selling your car to a junkyard, you should consider getting an evaluation, especially if it is in decent shape. You would be surprised to know how many people end up selling their car as junk despite it being quite a good ride. And lucky for you, plenty of tools that offer online quotes for junk cars. These evaluation tools will be able to tell how much your car is really worth as well, which can save you from the mistake of selling it cheap. Try out services like Edmunds, Kelley Blue Book, and Autotrader.
And while instant cash offers for cars can be lower than what you expected, it might be the best thing you have. Most importantly, never settle for a single quote. Even if you get a quote telling you the price you want to hear, you shouldn’t leap with joy and should check up on others as well.
Think It’s Worth More, Sell It To 1-800 Cash-For-Junk-Cars!
If you feel like your car is worth a lot more than most junkyards are willing to give, you can sell it here to us at 1-800 Cash-For-Junk-Cars. We offer some of the best prices that you can find, all of which are in line with the current value of your car. We always deal in cash, ensuring you don’t have to go through the hassle of banks and checks. You can say that we are among the top places that buy junk cars for top dollar.
Moreover, we also offer free pickup services for your car, ensuring that you don’t have to go through the hassle of bringing it to us. With over 200 locations throughout the US and over three decades of experience, you can rest easy knowing your car is in safe hands. If you want to learn more, be sure to visit our website or call on one of our numbers if you are ready to sell your car.
Read our guide on how to make extra cash here!
