Junk cars might have a name that implies they lack value, but the truth is, a junk car can reap an owner a worthy profit, so long as it still retains valuable metal and other reusable parts. Although some parts are worth more than others, a junk car nonetheless will serve as a lucrative sale. To get started on evaluating the worth of your junk car, review which parts are worth the most and why.
Continue below to learn about the most valuable parts in a vehicle and how much they might go for at a scrap yard.
Precious Metal
By far, the most valuable automotive parts found within a junk car are precious metals. Precious metals are naturally-occurring, rare elements with high economic value. The most well-known precious metals are gold, silver, and platinum, most of which can be found in a car’s design! Common areas where precious metal might be hiding in a junk car include the following:
Gold – Computers generally contain circuit boards with gold-plated contact fingers, which are usually pure in ore. Cars these days have many different types of computer systems, such as GPS, DVD, and more. Airbags might also contain small amounts of gold.
Printed circuits in cars are prime components sought out by junk car buyers and recycling companies. Automotive computer systems, such as the powertrain control module (PCM) and engine control unit (ECU), are designed to control engine operations and other mechanical functions, which is why they must be constructed with precious metals.
Platinum – Catalytic converters are made primarily with platinum because it retains high ductility properties, allowing the part to withstand high heat and pressure.
Palladium, Rhodium, Cerium, Manganese, and Nickel – Catalytic converters might also contain these rare and precious metals.
Copper
One of the most valuable non-precious metals to sell for a notable profit is copper, even when the market prices are low. Cars contain all sorts of electrical wires, and copper happens to be the best metal for heat and energy transfer. Many of a vehicle’s wires are made of copper, which can be repurposed.
Steel and Iron
Everything else in a junk car that is made of metal is likely a steel or iron alloy. Steel, iron, and their alloys are all worth a notable value, which fluctuates on a daily basis depending on current market demand and additional factors. Automotive parts that contain large amounts of steel and iron include the engine, chassis, frame, and wheels.
Your Trusted Indianapolis Junk Car Buyers
Call Benjamin’s Junk Cars at 317-218-7133 to get a free quote for selling a junk car in Indianapolis, Indiana. Our experience junk car buyers serve all of Indianapolis and its surrounding areas, and pay cash on the spot for all junk cars, regardless of age or condition. We buy cars, trucks, motorcycles, farming equipment, construction equipment, and anything else that runs on fuel. With cash payments, free quotes, and free pickup, there is no easier way to sell a junk car in Central Indiana. Get started today!
