When looking to sell your car as junk, the first question comes to mind is “how much does a junkyard pay for a car?”. It’s a very reasonable question to ask since you should know what the prices are like to avoid being lied to. The answer to the question is not a definitive one – you may get anywhere between $300 – $1000 for junk cars. The value of any junk cars heavily relies on multiple factors.
Year, Make, and Model —These are very important factors when it comes to the value of your junk car. If it is a popular car, the junkyard will benefit from its still salvageable parts since there is de demand for them. Most cars that are newer than 10 years will get decent prices as junk cars as long as they have a reasonable amount of salvageable parts.
Condition of the Vehicle — As we mentioned above the more solid condition the car is the more value it has. A totally wrecked car with few to none useable parts won’t have much value. If the car is in any condition that can produce 2nd hand parts or even be fixed and sold, it’ll value much higher. It would be a good idea to make a list of the parts you think are still salvageable and let the junkyard know when selling it for a better price.
Demand for Parts — It’s a very related factor to that we have mentioned before. Depending on where you live, there could be a high demand for specific parts. Bring this up when selling your car as junk and point out the valuable parts that the car has. Some parts are very difficult to come by and you may be in luck if your car has those.
Current Price of Scrap Metal — After everything is pulled from the car and there is nothing left but the shell, the car will be used as scrap metal. This is where the scrap metal prices come into play. Cars are made of still and other metals such aluminium and copper (some parts). The higher the scrap metal price, the more value your car has.
Weight of the Car — The weight of the car is very important when selling your junk car–especially if you are selling it as scrap metal. A heavy car will bring you lots of cash if you are selling it during high scrap metal prices.