Has an old junk car sat around in your backyard taking up all the precious real estate? Have you ever considered selling your old junk car? Many people get rid of their old vehicles just for a bit of extra cash. It’s a great way to have some extra income and also space in your house that you can use. You can also get rid of your old junk car and make some money. However, the amount of money you make would be dependent on a lot of factors. If you’ve made up your mind to sell your junk car and are wondering how much can you get for a junk car, then you’ve come to the right place. We will guide you on the factors that affect your junk car’s price and how you can get an instant quote.
Factors affecting the price of your junk car
If you’re here because you want to know the answer to the most asked question in this community “how much can you get for a junk car?” then you should know that there are a lot of factors that affect the price of a junk car. Here are some of the important ones that have a direct impact on the price of your junk car.
Location, location, and location. That’s the first thing that should come to one’s mind when answering the question “how much can you get for a junk car?”. The location of where your junk car is being sold matters a lot. Think about it this way. If there are a lot of junk car buyers in the region where you live, then expect to get a really good price for your junk car. This is because all these junk car buyers will be competing to buy the vehicle off you which will drive its price up.
Make and model
Some vehicles are more popular in certain parts of the United States. These vehicles might not be found in other states. Hence, the make and model of the vehicle has a lot of roles to play in answering your question of “how much can you get for a junk car?”. A vehicle that isn’t so popular might not fetch a good rate as a vehicle that is well-known in the region. A Toyota Corolla might fetch a better rate than Hyundai in Florida. Make and model of the vehicle matters after the location you’re selling it in.
Junk car buyers purchase junk cars to sell their spare parts. The majority of the income comes from selling spare parts in the market before they’re able to recycle the scrap for some extra bit of cash. This bit of information is relevant as it is directly related to the mileage of your junk car. A junk car that has been driven 40,000 miles will fetch a better rate than a junk car that has been on its last stretch which is over 200,000 miles. Since junk car buyers are not looking to rework the vehicle and make it driveable back on the road, they won’t pay top dollar for a 200,000 miles driven junk car since its spare parts might not be any good in the second-hand car parts market.
If your junk car can drive on the road without much trouble, then you may be able to secure a better price for it. The factor that your junk car should be running is important as many junk car buyers will not even consider the other factors if your vehicle is not in running condition. Those that have made an offer to you will also reduce their offer once they come to know that the junk car is not in working condition.
How much can you get for a junk car?
If you’re wondering how much is a junk car worth, then according to a recent 2020 study, junk cars can average about $100 to $500, however, these are just averages as junk cars have fetched anywhere between $50 to $20,000 in the past. Do your research on junk cars and find out the answer to “how much to junk my car?”. This will become a benchmark for you as you compare quotations of junk car buyers.
If you still want to know the answer to the question “how much can you get for a junk car?” then your best bet rather than estimating would be to get in touch with a junk car buyer in your area.
You can start your search by going online and finding all the junk car buyers in the region. Check their reviews and the services they have to offer. You may come across a lot of adverts stating “sell my junk car instant quote”, so don’t be persuaded by that. Go to the junk car buyer’s website to do a background check to see if they are legit.
Many junk car buyers will give you an instant quote, however, there are some scammers hence we recommend checking their corporate websites. Once done, narrow down your options to one or two junk car buyers. Keep in mind that you would be better off with a junk car buyer who offers a free tow.
After you’ve made up your mind, call up the junk car buyer to get an instant quote. They will schedule a date and time where they will visit you to check your vehicle. If everything is okay, the junk car buyer will pay you immediately. Those that refuse to pay upfront, simply refuse to sell your vehicle and find another junk car buyer who will pay upfront.