Top 10 Factors Affecting Scrap Car Prices
Introduction
If you are someone who is thinking of selling your old car for the first time, then you are at the right place. Know what the factors are that directly impact the scrap car price. There are a few factors that you can easily control and increase the price of your scrap car. If you are ready to get top dollar for scrap cars then call Greenway Auto Recycling. We have shared 10 factors that will help you 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 go for selling. If your car is from a popular brand or its parts have higher demand, then you will get a better price for it. Plus, you can sell those parts separately as well.
2. Vehicle Age:
How can we forget the age of the car? If your car is too old or it has missing parts, then you will get a lower price for it. If your car is old but you have maintained it very well, then it will help you at some level.
3. Vehicle Condition:
If you are giving your car scrap for the first time, then here are the tips on how to check the condition.
-
- Start with the engine; the engine is a very important part of your car. If your car engine is in working condition, you will get a better scrap car value for your car.
- Another thing is the body condition; the body of the car also matters. 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, the interior components—the small interior car components—cannot be ignored at the time of scrapping. 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 the current metal price will give you an idea of the basic car price. So, you can calculate the price of the car perfectly.
5. Location:
If you’re living in a rural area where it is tricky to find car parts, then you will get a good price. So, the location also plays an important role during scrapping. Plus, the availability of scrap yards near your location can also reduce the cost of transportation.
6. Weight:
The weight of your car also matters a lot. Suppose your car is quite heavy; then it probably will have more metal in it. In that case, if your car is heavy, then you will get a higher price for your car.
7. Functioning Parts:
When you think of selling your scrap car, many things matter, like how many parts of your car are functional or non-functional. 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 enthusiasts always collect and try to find rare parts to get more value from them.
Also Read: How to Spot a Trustworthy Junk Car Buyer in Your Area
9. Catalytic Converter:
If we talk about the catalytic converter, then it is an essential thing for your vehicle. 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:
When you think of scrap car sales, you should gather all the required documents first. You will require a few documents like 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 think it is time to recycle your car, then without a doubt call Greenway Auto Recycling. We give you a free quote on the phone for your car so you can decide. You can call us at (416) 783-9026 for any of your doubts related to scrap cars.
Last Updated on 03rd December 2024
