Do you have an old car that you want off your hands? One question that may be on your mind is, "how much money can I get for this thing?" Several factors affect your junk car's value. We go over the five main factors below to help you better understand how much your junk car is worth.
Does your car have functional parts? Are these parts in high demand? If so, you can make extra money on your junk car. The parts on your car can be removed and sold, so junk yards will consider the demand for your car's parts when making you an offer.
Is your car worn down, beat up, and ready to retire, or is there a glimmer of hope hiding beneath that rust? Vehicles that are in better condition and can potentially be restored will be worth more than cars that are doomed to the crusher.
These three factors most impact how much your car is worth. The more in-demand your vehicle is, the more it will sell for. Old, classic, rare, and common cars fetch the highest prices, whereas unsought vehicles will be worth less.
Most cars are comprised of steel and aluminum. The prices of these metals in your area can impact how much you can get for your clunker. If prices for scrap metal are high, it's an excellent time to sell. If the prices are low, you may want to hold off. Scrap prices change constantly, so if you want the most money for your car, track trends online.
Interestingly, another factor that affects your junk car's value is where you live. Your location impacts your car's value for a few reasons. For one, scrap metal prices vary from state to state. Secondly, your distance from the nearest junkyard can influence towing costs. Finally, some cars are more popular in certain states, driving up demand.
This isn't to say you should cart your car across the country to get a better price—know that your car may be worth more or less depending on the state you reside in.
Junkyard Near Me makes it easy to sell junk cars in Salisbury, MA, and the Greater Seacoast and North Shore. We partner with local scrap yards ready to pay you cash for your car, no matter its make, model, year, or condition. To get started, answer three quick questions about your car. We'll give you a quote and call you to discuss pick-up. It's fast, simple, and a great way to make money off your old clunker.