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!

Central Indiana Junk Car Buyers
We Buy Wrecked, Totaled, and Junked Cars! 317-218-7133

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.

Call Today 317-218-7133

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.

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How to Find the Best Offer for Your Junk Car

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!

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

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!

Call Today 317-218-7133

How to Get Paid Cash for a Junk Car Near You

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
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

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!

Call Today 317-218-7133

Common Types of Scrap Metal in Junk Cars

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.

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

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

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!

Call Today 317-218-7133