Introduction
If you are planning to sell your old car for the first time, you are in the right place. This guide explains the key factors that directly impact scrap car prices. There are a few factors that you can easily control to increase your scrap car value. This guide will help you to get top dollar for your scrap car, so stay turned to get more cash for scrap cars and understand the scrap car value calculator better.
1. Make and Model:
The make and model of your car also matter when you decide to sell it for scrap. If your car is from a popular brand or its parts have a higher demand, then you will get a better price for it. In some cases, you may also be able to sell high-demand parts separately.
2. Vehicle Age:
How can we forget the age of the car? If your car is very old or has missing parts, you may receive a lower scrap value. However, if the car is old but well-maintained, it can still positively affect the price.
3. Vehicle Condition:
If you are scrapping your car for the first time, here are a few key areas to check.
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- Start with the engine, as it is one of the most valuable components of your vehicle. If your car engine is in working condition, you will get a better scrap car value for your car.
- The body condition also matters when determining scrap value. If your car does not have more scratches on the body or is well-maintained, then you will get a better price for it.
- Finally, interior components should not be ignored during the scrapping process. Make sure you evaluate the seats, air conditioning, and other electrical systems of the car.
Also Read: How Do I Get Rid of My Old Car in Toronto?
4. Current Market Prices:
When you think of car scrapping, you should consider the current metal price. Checking current metal prices gives you a baseline idea of your car’s scrap value. So, you can calculate the price of the car perfectly.
5. Location:
If you live in an area where car parts are in short supply, your vehicle may fetch a better price. So, the location also plays an important role during scrapping. Additionally, nearby scrap yards can help reduce towing or transportation costs.
6. Weight:
The weight of your car also matters a lot. Heavier vehicles usually contain more metal, which can increase their scrap value. In that case, if your car is heavy, then you will get a higher price for your car.
7. Functioning Parts:
When selling a scrap car, the number of functional versus non-functional parts plays an important role. If your car has parts that can be resold, then you will get a higher value for your car.
8. Rare or In-demand Parts:
If your car has any of the rare parts that are not easily available anywhere, then there are chances you will get a good price for your car. Some buyers actively look for rare parts and are willing to pay more for them.
Also Read: How to Spot a Trustworthy Junk Car Buyer in Your Area
9. Catalytic Converter:
The catalytic converter is one of the most valuable components of a scrap car. We are here talking about the metals of your car, like platinum, palladium, rhodium, and more. You will be surprised to know that a good catalytic converter can increase the value of your scrap car.
10. Proper Documentation:
Before selling your scrap car, make sure all required documents are ready. You will require a few documents, such as a vehicle title, proof of ownership, and more. If you have all the necessary papers with you, then there are chances you will get a lot of cash for scrap cars.
Conclusion:
Now, you are very well aware of the factors that directly affect scrap car prices. If you feel it is time to recycle your car, Greenway Auto Recycling is ready to assist you. We offer a free phone quote so you can make an informed decision. You can call us at (416) 783-9026 for any of your doubts related to scrap cars.
