How to Sell Your Car After Wrecking It

Although it might not seem like it at first, a wrecked car can still retain monetary value no matter how bad its condition may be. Once a car is totaled, people consider it a junk car or truck. Although the term “junk” references “uselessness”, junk cars are anything but. There are several types of valuable metal and automotive parts within the car that are reusable. Metal, like platinum, copper, iron, steel, and aluminum, can all be recycled and reused in other industries. Car parts that haven’t been damaged in an accident can also be dismantled and reused as replacement parts for other cars. For these reasons and more, totaled cars are worth a bit of cash.

Continue reading to learn how to sell a wrecked or totaled car, and get cash for something you thought was junk!

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Find a Reputable and Local Junk Car Buyer

Junk car lots and metal recycling centers are the best option when it comes to profiting off of a totaled car. They are generally licensed junk car buyers, and often times, sell used car parts too. If your car still drives, you can simply arrange a ride and drop the car off at one of these spots, yourself. Or, if the car doesn’t drive, you can have it towed to the junk car lot instead. Many companies that offer cash for cars also provide free haul-away services. This means, by choosing a reputable company, you can save $50 on a tow and have them pick it up and haul it away for free!

The Simplest 3-STEP Approach to Sell a Junk Car in Indiana:

Locate the Title – You must be the legal owner of the car and provide the title as proof. Without the title, the car cannot be worth as much money, and might not be able to be sold at all.

Look for an Auto Salvage Company Be sure to do your research and find a reputable and experienced cash for cars service. Look for company history, experience, years in business, and licensing. These qualities are a good indication that they can offer you reliable and honest service.

Select an Offer After calling around and talking to a few different junk car buyers, select an offer that is the highest, or choose the company you feel most comfortable doing business with. On top of a good offer, choose a company that can provide extra customer conveniences, like free haul-away, pickup, or towing.

Trusted Indianapolis Junk Car Buyers Who Will Pay You the Most Cash

Call Benjamin’s Junk Cars at 317-218-7133 to get paid instant cash on the spot for selling your junk car to us! Our experienced Indianapolis Indiana junk car buyers accept all junk cars, regardless of age or condition. In fact, we buy also take boats, motorcycles, farming equipment, construction equipment, and anything else that runs on fuel! With cash payments, free quotes, and free pickup, there is no simpler way to sell a junk car in Central Indiana. Get started with a free phone quote, today.

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FAQS About Scrap Metal Prices and Junk Cars

Junk cars are valuable because they contain metal, which is 100% recyclable, and can be melted down and repurposed infinitely. So, even if a junk car is deemed a total loss, it is still worth some cash, but the amount of cash depends on several factors. The most important and influential factor, however, is current market value for metal. Basically, when the price of metal is down, a junk car is worth less; and when the price of metal is up, a junk car is worth more.

Still unclear? Continue below to review some frequently asked questions about scrap metal prices and junk cars, including where to get the highest payout for your salvaged vehicle in Indiana.

Central Indiana Junk Car Buyers
Central Indiana Junk Car Buyers 317-218-7133

What are the Market Values for Scrap Metal?

The values of scrap metal are always changing. To see the current market values for scrap metal, visit https://iscrapapp.com/prices.

Why Does the Price of Scrap Metal Change?

The prices of scrap metal are influenced by several factors. Examples of such factors include time, market demand, stock exchange prices, supply, the price of virgin metals, and the cost of energy and production. China’s economy also has a major influence on scrap metal values. On a smaller scale, the prices of scrap metal and their value change on a daily basis in local markets. From this perspective, the daily price fluctuations are caused by various factors. The quantity of metal available, the quality of that metal, labor costs, overhead costs, types of metals available, and more all influence the rate of metal prices in local markets and how often they change on a daily basis.

What Kind of Metal is in a Junk Car?

Vehicles manufactured today mostly contain steel and aluminum. They also contain an average of 55 pounds of copper wiring, as well as, some nominal traces of precious metals. Steel can be found in everything from the chassis and body panels, to the doors, rooftop, and more. Aluminum is predominantly used in auto parts like radiators, wheels, transformers, and more. As for precious metal, traces can be found in the form of gold plated fingers inside computer circuit boards for electronics like GPS systems and DVD players. Platinum and palladium can also be found in the lining of catalytic converters.

How Much is My Junk Car Worth?

As mentioned, the current values for scrap metal have the largest influence on the overall value of a junk vehicle. However, there are several more factors that appraisers use to assign value to a junk car, and therefore, make an offer. Primary factors, in addition to scrap metal prices, include the age, make, and model of the vehicle, as well as, the location of the vehicle. The better the condition of the vehicle, the more it is worth.

Where Can I Get the Most Money for a Junk Car in Indianapolis?

Call Benjamin’s Junk Cars at 317-218-7133 today. We only make honest offers for junk cars, and stand by our services 100%, so call soon to get an instant quote. Whether you have an old truck, a rusted chassis, or a totaled two-door, we will pay you CASH ON THE SPOT for it all. And the best part is, our Indianapolis junk car buyers are able to offer the fullest and fairest payouts for junk cars in town because we cut out the middle-man. We offer flexible scheduling, same day service, and adhere to all Indiana EPA regulations for auto recycling.

Call Today 317-218-7133