Most people are aware of junkyards near their city. They have acres upon acres of vehicles, scrap metal, and car parts laying around. The machinery cruising around is staggering, not to mention that noisy shredder. But even though it seems like junkyards must be making the big bucks dealing with all that metal, you never get rich by selling to junkyards that buy cars.
How do junkyards give you a value for your vehicle? There must be a rhyme or reason for the cash amount they’ll pay for a vehicle.
It's simple and it takes less than 90 seconds ... enter your zip code below to get started and find out how much your totaled vehicle is worth!
How Junk Yards Evaluate Car Prices
There’s a specific formula that use to calculate just how much money they’ll pay for your vehicle. It is 100% based on one factor: the car’s weight on their industrial-sized scale.
When your car arrives at the junkyard, it’s pushed, pulled, or dragged onto the scale. Once its exact weight has been determined, the junkyard calculates its value based on the current rate for scrap steel. There’s no negotiation or haggling. The price you’ll get won’t change unless the scrap steel prices go up or down.
Average prices for scrap steel have been notoriously low recently, but it’s slowly on the rise. Some junkyards might pay as little as $99 per ton while others pay a little more reasonably up to $185 per ton. The usual junkyard is somewhere in the middle.
You can call your local junkyards to find out who pays the most for junk car prices by asking for their scrap steel rates. It can be time-consuming to make those calls. Plus, if there’s a junkyard a little further away that pays more, is it worth it to tow your car the extra distance? The tow truck charges could very well eat up the difference in price.
Trade In Value of Junk Cars
You might think to yourself, “Is it worth trading in a junk car at the dealership?” It might be more convenient, especially if you’re planning to buy another car anyway.
When you trade in a car, someone at the dealership evaluates your trade and gives you a price they’re willing to pay. For a good-quality drivable vehicle that can be resold, the trade-in value is based on recent auction prices and industry-wide book value.
But trading in a junk vehicle is different. Pricing is based solely on the manager’s discretion. A dealership needs to be able to sell a trade-in either on the lot or to one of their wholesale buyers. They can’t sell a junk car like that.
If you try to trade in your junk car, expect an extremely low appraisal. It could be $100, $1, or the dealer may even refuse to take it on trade because it’s more work for them than it’s worth.
How Much is My Junk Car Worth?
According to an average junkyard, your junk car is worth only its weight in scrap steel. But there may be a better way to sell your junk car.
I’m not talking about a private sale. While it’s possible to sell a junk car privately, it takes up a lot of time to craft a catchy ad, wait by the phone or computer, meet with potential buyers, and haggle with the low-ballers that respond.
And you don’t want to sell your car for parts either. Disassembling a car eats up all your time and is dangerous, not to mention messy. You’ll need to clean up and advertise each part you want to sell, and many of the parts you have could take months to cash in on.
Instead, you could sell your car online. Does that surprise you? It’s true – there are online care buyers for junk cars just like yours. You just need to know where to find them.
How to Find Junk Yards that Buy Cars Near Me
Researching junkyards nearby that buy cars for a fair price isn’t fun. The crusty old guy that answers the phone doesn’t have the time of day for you, and they’re not interested in making your life easier. So, how do you find junkyards close by that will pay you what your car is worth?
With CarJunkYardsNearMe.com, you can get a fair price for your old, beat-up, non-running, rusted, burnt-out, ratty car. Better yet, you can sell it as it is and where it is.
Just request a free, no-obligation offer for your car in its current condition. Our service matches your vehicle with junk car buyers and junkyards nearby that are looking for vehicles like yours. Your vehicle is matched within our buyer network to the place that will pay the highest price for your car.
Once you agree to your guaranteed offer, we’ll pay you within 24 to 48 hours. We cover the cost of hauling away your vehicle too!
Did You Know?
How It Works
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Enter vehicle detailsBy filling out our form with accurate information, we can give you an instant offer on some vehicles or contact you with a guaranteed offer shortly after you click “Submit for Offer.” |
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Accept your OfferHappy with the offer? Provide proof of ownership, and we will schedule the pick-up of your car and deliver the payment at the same time. |
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Get paid!We will hand you a check during the car pick up. |
