How to Sell Your Car After Wrecking It

Posted on June 29, 2020 by Benjamin

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:

❶ 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.

❷ 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.

❸ 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.

FAQS About Scrap Metal Prices and Junk Cars

Posted on June 18, 2020 by Benjamin

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.

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.

How to Find the Best Offer for Your Junk Car

Posted on May 27, 2020 by Benjamin

When you have a junk car to get rid of, you should feel good. That is because your junk car is worth cash; cash that will be paid by a local scrap metal buyer or junk car dealer in your town. However, not all Cash for Cars companies will make a good offer. In order to find the best deal for your junk car’s scrap metal, you must follow some secret industry tips.

Continue below to learn them all!

How a Junk Car is Appraised

The types of technologies and methods used to appraise your junk car will differ depending on which company you choose. You want to choose a company that retains innovative, high-tech electronic scales, and similar resources, which when combined, can provide an accurate evaluation. In fact, there are two main factors that junk car buyers are looking for in the vehicles the procure: the car’s condition, and the car’s weight.

When a junk car arrives at the scrap dealer, it is placed on an electronic scale platform to obtain its weight reading. Using this reading, the scrapper will apply the current market values for metal to the equation, along with other variables, such as the car’s condition. Then they will deduct their fees from that total. This is how junk car buyers come up with their offers.

How to Get the Best Junk Car Appraisal

First, be sure to do your research and find a local junk car buyer that is well-established, and has a good reputation in the community. Use client testimonials and online reviews.

Find a junk car buying company that has the lowest fees. For instance, choose a company that offers free towing, so that they do not charge pickup and haul away fees.

Review the current market prices for metals before you have your junk car appraised. This will give you a good idea of what to expect, and how to better spot a bad offer.

Along with metal prices, learn the curb weight of your vehicle, especially if you are planning to bargain a flat-rate for your junk car. Refer to the owners’ manual for vehicle curb weights.

Ask the junk car buyer to verify the accuracy of their electronic scale. To do this, simply ask if you can weigh yourself! If you weight over 160 pounds, but the scale reads under 90, you can safely assume they are set up to scam people.

Many scrap metal dealers will make their offers in gross tons, rather than in pounds. Request to have your price quoted in pounds. When they round down to the nearest ton, clients end up losing money.

The Trusted Indianapolis Junk Car Buyers

Call Benjamin’s Junk Cars at 317-218-7133 to get a quote for your junk car. Our experienced 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!

What are Junk Car Buyers Looking For?

Posted on May 13, 2020 by Benjamin

Junk car buying companies accept all motorized vehicle and equipment, regardless of age, make, model, or condition. However, there are still certain items junk car buyers really want. If you have a junk car you wish to sell, you can earn even more than you originally thought if your vehicle contains any of these trending, high-value items.

Continue below to learn what many junk car buyers are looking for from sellers like you!

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The Basics of Junk Car Value

The overall value of your junk car will vary from others. There are several factors that influence the overall appraisal of a scrap vehicle, but primarily, the top factors include the vehicle’s condition, make and model, and the current market prices for metal. With these factors in mind, the overall value of your vehicle will also depend on what it has to offer.

Right now, junk car buyers are really interested in the following vehicles and parts:

Running Cars and Trucks – A car that still runs is worth a lot more than a car that does not run. A junk car buyer is really interested in scrap vehicles that still operate.

Reusable Motors – A car engine is a valuable auto part that many junk car buyers are looking for. If your car engine is reusable, it is worth more, which means your offer increases.

Reusable Core Engine Parts – Like reusable motors, reusable core engine parts, such as re-manufactured starters, alternators, and transmissions are highly sought-after by junk car buyers.

Alloy Wheels – Alloy wheels and rims are another highly sought-after automotive part in the scrapper industry. A full set is a great scrap asset, but even one or two will earn you a profit.

Reusable Head and Taillights – Because head lights and taillight assemblies are generally higher-priced parts on the market, they are highly-valuable to junk car scrappers.

How to Sell Junk Cars and Auto Parts in Indiana

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!

Do Junk Cars Contain Precious Metals?

Posted on April 23, 2020 by Benjamin

If you are currently looking for a junk car buyer in your area, you are likely very motivated by the profit potential of your junk vehicle. For this reason, you are probably wondering what makes your junk car so valuable. By understanding what junk cars are worth and why, you can better protect yourself from choosing the wrong junk car buying company to do business with. Knowing what’s inside your junk car can help you tell the difference between a fair offer and a dishonest one.

One such factor that drastically increases the value of a junk car is the presence of precious metal. Although you might not be able to see it, your junk car could very well contain precious metals too. If it does, you can feel confident in your vehicle’s total value.

Continue reading to learn which types of precious metals are commonly found in classic and modern-day vehicles, as well as, where to get the most for your junk car in Indianapolis.

Precious Metals in Cars

There are multiple types of metals used to manufacture vehicles, including their parts. As for precious metals, which are naturally-occurring elements with high economic value, the two most common found in both class and modern vehicles are gold and platinum. Of course, there are some more too.

Gold – Gold is typically found in circuit boards and computers. Typically, circuit boards contain gold-plated contact “fingers” at the ends where the connectors slide on, which are usually made from pure ore. Examples of devices and systems that would contain computer boards in vehicles include powertrain control modules (PCM), engine control units (ECU), antilock brakes (ABS), navigation systems, stereos, disc changers, cameras, DVD players, alarms, turbochargers, airbags, and anything else that computes.

Platinum – Platinum is mostly found within catalytic converters. Catalytic converters are primarily manufactured with a thin inner lining of platinum because of its high ductility and heat transfer properties. Catalytic converters are also made with other precious and non-precious metals, including nickel, palladium, rhodium, cerium, and manganese.

Silver – Just like gold, silver can be found in automotive computer systems, such as powertrain control modules (PCM), engine control units (ECU), antilock brakes (ABS), navigation systems, stereos, disc changers, cameras, DVD players, alarms, turbochargers, airbags, and anything else that computes.

Titanium, Tungsten and Cobalt – Precious metals like titanium, tungsten and cobalt can often be found in electric engines and lithium-ion batteries, as well as, computer systems, circuit boards, and other onboard systems.

Where to Get the Most for Your Junk Car in Indianapolis

Call Benjamin’s Junk Cars at 317-218-7133 to get a quote for your junk car. 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!

How to Get Paid Cash for a Junk Car Near You

Posted on April 15, 2020 by Benjamin

When it comes to selling a junk car for cash, or any other type of vehicle for that matter, be sure to know the right steps to get the most for your money. It’s helpful to learn how to sell a junk car without getting into a bind, or making a bad deal. Knowing your steps ahead of time can benefit your financial gain and your car selling experience tremendously.

When it’s time to sell your old car, rely on these lessons to get the most cash for your junk car.

Indianapolis Junk Car Buyers 317-218-7133

Tips on Selling Your Junk Car for Cash

When you have finally decided to get rid of your junk car, you must first complete a brief assessment of the vehicle. It is crucial to establish this analysis to determine the current status of your car. Once this is done, it is suggested to have the car assessed and inspected by a professional mechanic to more accurately distinguish the degree of value for your vehicle. This is not mandatory, but it can give you a leg up on negotiating prices with a potential buyer. This is because the better condition a car is in, the more money it’s worth.

Once the analysis is completed, it is advised to start calling around to various buyers. The most credible junk car buyers are junk car removal companies and “cash for cars” services. These are the industries that pay the most for salvaged, wrecked, and junked vehicles. It is important to contact multiple businesses, even if they are not in your area. This type of research will give you an idea for the going rate of the junk vehicle you have and the condition it is in; then you can confidently distinguish between fair offers and potential scams.

There are particular things you want to look for when you call these companies. Ask them about their towing policy. Do they tow junk cars for free? Most junk car buyers should offer free tows for junk cars they are buying. It may be a bad sign if the company charges a fee to pick up your vehicle. Also, check for licenses, certifications, references, websites, and online reviews. This can also help determine which company can offer the best deal and who can be trusted the most.

Last, you might need to find the car title to your junk car. If you are not the title holder, then you may not be in position to sell the car at all. If you do not have the title but you are the owner of the vehicle, you must contact the local BMV for information on filing for a new car title. Most junk car removal companies and “cash for cars” services prefer to purchase junk cars with the title. In some cases, junk car buyers don’t mind purchasing cars without titles.

Making the Final Tranasction

Now you are ready to sell your junk car. From here, simply choose one of the companies you contacted earlier and schedule a pickup time for your car. The tow technician will have you sign over the Car Title and then hand you the money. They should be able to give you cash on the spot, but some companies hand out checks. Once they leave with the signed title, you are no longer the legal owner of the vehicle.

Your Trusted Indianapolis Junk Car Buyers

How Much is a Junk Car Worth?

Posted on March 27, 2020 by Benjamin

Do you have a junk car taking up valuable space in your garage or driveway? Perhaps you have an old, rusty tractor or combine in the backyard that has been there since your Grandfather’s prime? If so, you are likely sitting on a small fortune! That’s right; you can sell your junk car, or motorized vehicle, to a local scrapper and get paid for it. But the profit you make will depend on a list of factors you need to know before getting started.

Continue reading to learn how much a standard junk car is worth, and how to ensure you get the highest payout for yours.

Central Indiana Junk Car Buyers 317-218-7133

Estimating the Value of a Junk Car

Regardless of buyer, the value of a junk car is estimated by considering and quantifying three specific factors: 1) the current market prices for metal, 2) the types of metal, and 3) the quantity of metal. These three factors will determine how much a junk car is worth according to the market, which changes depending on supply and demand. The more high-priced metals within a junk car, the more it is worth.

So, what does this mean for your junk car? It means that there is really no telling how much you will be offered for your junk car until you have it professionally assessed by a local automotive scrapper. Not only do they retain experience in the automotive scrapping industry and understand how to confirm market values for metals in a junk car, they also retain innovative technologies that allow them to accurately assess the types of metal within a junk car, and the quantities of each. As a result, sellers get a fuller and fairer offer.

But do not be fooled by a local junk car buyer! There are many unethical auto salvage yards around. In order to ensure you get the most for your junk car, you must begin by choosing a professional and reputable junk car buying company. Be sure they have advanced equipment, and can offer you free estimates and haul-away service.

Simply Choose Benjamin’s Junk Cars in Central Indiana!

Common Types of Scrap Metal in Junk Cars

Posted on March 13, 2020 by Benjamin

There are several types of metal found within a vehicle that can be scrapped and repurposed. All metal is 100% recyclable, making scrap metal in junk cars a highly valuable commodity. Recycling scrap metal helps to preserve our natural resources by reducing the need to mine for new ores, which in turn, reduced air pollution associated with the metal refining processes. In addition to all of these environmental and economical benefits, selling a junk car to a local scrapper delivers an instant profit.

If you have a junk car on your hands, you can safely assume it contains all the most common types of scrap metal, including steel, lead, aluminum, and even precious metals like gold and platinum. Continue reading to learn more about each.

Steel

Steel has many desirable properties that make it a highly sought-after material. Steel is light, yet very strong and durable. For this reason, it is a staple in the global construction and building industry. It is also very applied in the world of automotive manufacturing. All cars contain some form of steel, no matter the age, make, or model. Common steel components include chassis, frame, wheels, body panels, and doors.

Copper

Copper wiring is used within most vehicles due to its reliable heat transfer and conductivity properties. You can find copper wiring in microprocessors, computers, air conditioning units, and all electronics within a vehicle. In fact, the average American-made vehicle contains around 55 pounds of copper! Larger cars will have even more copper scrap in them.

Precious Metal

There are a few types of precious metals that can be found in junk cars, including gold, platinum, and even palladium and rhodium. A car’s catalytic converter is primarily, and usually, made from platinum, palladium, and rhodium. As for a car’s computer systems, these will often contain gold-plated fingers within the circuit boards.

Aluminum

Aluminum is used in a variety of applications in a wide range of industries due its light weight and malleability properties. As for the automotive industry, car manufacturers often use aluminum to build engine components like pistons and cylinder heads. It can also be found in gaskets, radiators, and even rims for tires. Sports cars often contain the most aluminum because it is light, which makes them faster.

Lead

Although we do not want lead in our diets due to its toxic properties, it is a widely-applied material in the automotive manufacturing industry. Most cars contain lead in the tires to ensure all four wheels are properly balanced. Car batteries also contain lead, which is why it is important to properly dispose of them when they are dead.

Where to Get the Best Deal on a Junk Car in Indianapolis

Which Parts of a Junk Car are Most Valuable?

Posted on February 28, 2020 by Benjamin

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.

Indianapolis Junk Auto Part Buyers 317-218-7133

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

How to Sell Your Junk Car in 3 Easy Steps

Posted on January 31, 2020 by Benjamin

Although your junk car hasn’t really done you any good while it’s been sitting for so many years, that doesn’t mean it’s worthless. You can sell your junk car to a local auto salvage yard and get paid cash on the spot, regardless of its make, model, age, or condition! That’s right; a junk car still has value to certain people, and local junk car buyers are one of those people! The best part is, if you choose the right junk car buying company to do business with, you can reap a load of cost-worthy benefits, all in a single afternoon. In fact, it’s as easy as 1-2-3!

Continue reading to learn how to sell your junk in 3 easy steps!

Indianapolis Junk Car Buyers 317-218-7133

Step ❶ – Call a Junk Car Buyer to Request a Quote

Contact a local junk car buyer in your area and request a free phone quote. After asking you some questions about your junk car, they should be able to make a fair and reasonable offer. If you believe the offer is not equivalent to the value of your junk car, you request an in-person assessment. Be sure they offer cash on the spot. Same-day cash offers is a reliable indication of a reputable junk car buyer, since many companies pay customers with mailed checks that arrive weeks later. Cash on the spot ensures instant gratification, which is what we all want!

Step ❷ – Accept the Offer and Schedule Your Pickup

After calling and receiving your personalized junk car quote, your next step is to accept their offer and schedule a time for them to pick up your vehicle and complete the transaction. Be sure they provide free pickup for your junk car. Some companies will charge you to pick up and haul away your junk car, which drastically cuts into your profit margin. A reputable and well-established company can offer you this amenity free-of-charge if they operate with their own wrecker equipment. Because they are paying you cash on the spot, you needn’t do a thing while waiting for them to arrive. Some companies require you to be present during the transaction pickup date, while others can make special arrangements with you if you cannot be there. Simply ask and they will tell you their procedures.

Step ❸ – Locate Your Title and Clear Out Your Belongings

While you wait for the junk car buyer to arrive, set aside your car title and have it ready to hand over when they come to complete the transaction. If you and your junk car buyer agreed on alternative proof of ownership, get that document ready instead. Also, be sure to clear out your personal belongings from inside the car, and remove the license plate.

Overall, all you have to do to sell your junk car is make a call, accept the offer, then sit back and wait for your money to come to you!