How Much is an Old Catalytic Converter Worth?

Catalytic converters are special automotive parts because they contain precious metal. If you have a junk car that still contains an intact catalytic converter, you can expect a higher payout at a local salvage yard. Additionally, if you have one or more catalytic converters that you wish to sell, you can stand to make a wad of cash in doing so. But how much are catalytic converters actually worth? What about older model catalytic converters? Are they still valuable?

Continue reading to learn more about the value of catalytic converters, including the current metal prices as of this week.

Properties of Catalytic Converters

Sell an Old or Broken Catalytic Converter! 317-450-3721
Sell an Old or Broken Catalytic Converter! 317-450-3721

Catalytic converters contain various precious metals, such as palladium, rhodium, and as previously mentioned, platinum. Furthermore, catalytic converters contain other valuable metals, such as ceramic or metal foil and metal shielding. Platinum is a rare, naturally-occurring metal often used for fine jewelry, but has also found a calling in the automotive engineering industry.

You see, platinum is used for catalytic converters because of its high melting points, resistance to corrosion, and density levels. This makes it well-suited for catalytic applications, such as catalytic converters. Best of all, platinum maintains its value since it can be recycled and reused over and over again.

Market Value for Platinum

This means that old or tarnished platinum is virtually equivalent in value as newly-manufactured platinum. Platinum is priced by weight on the metal market, and fluctuates depending on various factors, included changes in national and international economics. The worth of platinum metal can also vary depending on the quality and grade, however, it generally retains high economic value.

⭐ As of March 13th, the current market value for platinum is $ 27,258.69 per kilo, $ 847.84 per ounce, and $27.26 per gram.

Market Value for Catalytic Converters

There are usually between 3 and 7 grams of platinum group metals in a standard catalytic converter. This means that the average quantity of platinum inside ranges between 0.10 and 0.24 ounces. So how much can you expect your catalytic converter to be worth? Well, with these prices averages, you can expect a medium to large, intact catalytic converter to retain around $100 worth of platinum, give or take; but you must also consider the buyers’ fees. This means that you can expect to recover a profit between $50 and $80, depending on the size of your catalytic converter. Again, this varies depending on various factors, including your particular buyer. Smaller catalytic converters will range in value between $25 and $75, depending on the same factors.

How to Sell Used Auto Parts in Indianapolis

Sell a Junk Vehicle 317-450-3721

Call Zore’s Inc. Cash for Cars at 317-450-3721 if you need to sell junk car parts in Indianapolis, Indiana. We pay cash on the spot for all junk cars, trucks, boats, SUVs, construction equipment, and motorcycles. With more than 75 years in business, you can trust that Indianapolis Cash for Cars provides honest customer service and pays the most for junk vehicles
in Indiana. Request a free estimate, today!

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How to Keep a Totaled Car

After an accident totals your vehicle, there are many reasons why you might choose to keep it, rather than turn it into the insurance company for a payout. If you are choosing to keep your totaled car, it is important that you know how to go about it in the right way. Regulations for keeping an insured, total loss vehicle vary from state to state, and occasionally, among cities and townships.

Continue reading to learn what you need to do if you want to keep your totaled vehicle.

Sell a Totaled Vehicle 317-450-3721
Sell a Totaled Vehicle 317-450-3721

Defining a “Total Loss” Vehicle

Although definitions vary from state to state, fundamentally, a vehicle with damages that cost more to repair than the current cash value of the vehicle. For instance, a car that is worth $2,000 but costs $3,500 to repair is deemed a “total loss” by insurance company standards.

Contact Your Insurance Provider

To properly retain ownership and possession of your total loss vehicle, you must first contact your insurance carrier. They can give you the detailed instructions, as well as alternatives, to your decision. In most cases, a car owner would accept the cash tendered by the insurance company. If you choose this option, you cannot keep possession of your vehicle. Instead, the vehicle will be collected by the insurance company and ultimately, auctioned off for its scrap value. If you reject this option, and wish to maintain possession of your totaled car, you must notify your insurance carrier at this point in time.

Warnings About Keeping a Totaled Car

Keeping your totaled vehicle means that you either wish to scrap it yourself for the parts, or you want to restore it back to its original glory for sentiment. Regardless of your intentions, it is important to understand that if your insurance carrier deems your car a total loss, the title to the vehicle will be changed to a salvage title. Furthermore, it can be quite a challenge to get a DMV to approve any repairs you want to make on a total loss car, and even more difficult getting approval to re-brand the title as “rebuilt.” Even after getting your car repaired, the DMV will not allow you to legally operate it until it passes a rigorous inspection.

Another major issue concerning total loss vehicles is insurance. Not only is it difficult getting approval over at the DMV, it is also hard to find an insurance company that will provide adequate coverage for a car that previously had a salvage title. Also, if you owe money on a car loan, or the vehicle was financed, you are not given the option to maintain possession because it is not legally yours to keep.

How to Learn More About Totaled Cars

Sell a Junk Vehicle 317-450-3721
Sell a Junk Vehicle 317-450-3721

Call 317-450-3721 to speak with our friendly Indianapolis junk car buyers about selling your totaled car, today! We are the reputable and reliable junk car removal company you are searching for! We have been in business for over 25 years and will give you best return for your junk vehicle or motorized commodity. We accept anything with a motor, regardless of age or condition. Just call 317-450-3721 to get started!

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What To Do if a Tree Falls on Your Car

With all of the winter weather conditions surrounding our forecasts, hazardous conditions are nothing less than expected. One such hazard that is commonly overlooked until it is too late is tree damage. Strong winds, heavy snow, and thick ice can cause a tree to uproot from the ground, and eventually, topple over. Many people wake up in the morning to find their homes or structures damaged by a fallen tree. A common victim: vehicles.

So what do you do if you wake up to find your car or truck underneath a storm-stricken tree? Continue reading to learn.

Sell a Totaled Vehicle 317-450-3721
Sell a Totaled Vehicle 317-450-3721

What’s Your Insurance Look Like?

Your options as far as getting compensated for your vehicular damages depend mostly on what type of insurance coverage you have. If you have the state-minimum liability car insurance, you may not be able to make a claim. If you have comprehensive insurance coverage, and the policy is in good-standing before the incident, you should be covered.

Comprehensive automotive insurance coverage should cover all damages done to a vehicle so long as the tree fell as a result of snow, wind, or other natural element. If the tree fell because you cut it down improperly, for instance, it may not be covered by insurance. Although unrelated to trees, this type of insurance tends to cover hail damage, as well.

When a comprehensive insurance policy compensates a driver for vehicular tree damage, they provide funds to cover the cost of repairs, minus the policy deductible. If the cost of repairs exceeds the current market value of the vehicle make and model, the insurance company will deem the vehicle a total loss. Read our blog, “When is a Car Totaled?” to learn how to calculate a total loss vehicle. In the case of a total loss vehicle, the insurance company will pay to replace the car with one of equivalent make, model, and condition.

Totaled Cars

If a person does not have adequate insurance coverage before a tree falls on their car, they may not have many options for being compensated for their losses. In this case, if the tree merely damages the car, the driver can choose to pay, out-of-pocket, for automotive repairs. But if the damage is too extensive for repair, the driver must scrap the vehicle. Fortunately, this will put some cash in their pocket!

How to Sell a Totaled Car

Sell a Junk Vehicle 317-450-3721
Sell a Junk Vehicle 317-450-3721

Call our friendly Indianapolis junk car buyers at 317-450-3721 to sell a totaled car in Indiana. We give the highest payouts for junk cars, boats, motorcycles, boats, and anything else that runs on fuel! When you want hassle-free cash on the spot, call us to get rid of your junk car! Regardless of condition, make, or model, we will pay you cash on the spot! Request a free quote, today.

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The Quickest Way to Earn Cash for a Junk Car

When it comes to selling a junk car for cash, or any other type of motorized commodity, be sure you know which steps are the right steps to get you the most money.  After all, profit is the most important part of selling a junk vehicle. Now that you are ready to get started, skip all the hassle and use this guide to earning fast cash for your junk car!

Indianapolis Junk Car Buyers 317-450-3721
Indianapolis Junk Car Buyers 317-450-3721

Personal and Professional Evaluations

When you have finally decided to get rid of your junk car, begin by completing a brief assessment of its condition. Write down the make, model, aftermarket parts, operational parts, non-operational parts, and any other valuable factors. These can contribute to the overall value of your junk car.

In addition to a personal assessment, you can also choose to have the car inspected by a licensed mechanic to further confirm the condition of your vehicle, and ultimately, its worth. Although this is not a custom nor mandatory part of the junk car selling process, it can give you an advantage when negotiating prices with a potential buyer since a car in better condition is worth more money.

Find a Buyer

Following your initial evaluation, you are ready to start looking for a buyer who will give you the most professional service and the highest profit value. The best sources are local junk car buying businesses; however, be careful when choosing one. Since anyone can advertise that they “buy junk cars”, there are countless fly-by-night businesses out there. These business are generally unprofessional and in-equipped, both of which poses the ultimate consequence of being scammed.

Locate Your Proof of Ownership

Last, you must find the title to your junk car.  If your title is lost, damaged, or stolen, you must contact the local BMV and apply for a new or duplicate car title. If you do not want to go through the title replacement process, there may be other ways to prove ownership, such as the registration. However, the accepted terms of proving ownership for a junk car varies from buyer to buyer, so be sure to ask about such policies prior to making a deal.

Sell Your Junk Car

Once you have the title in hand, you are now ready to pick up the phone and request an estimate from a local and trusted Indianapolis junk car buyer. Although there are hundreds of phone numbers you can dial, Zore’s Inc. Cash for Cars division is the only one you need!

Sell a Junk Vehicle 317-450-3721
Sell a Junk Vehicle 317-450-3721

Just call 317-450-3721 and ask for Bill if you want the best deal for your junk car. As a family owned and operated company that has done business in Indiana since 1927, you can trust that we offer the fairest and most honest returns for junk cars and vehicles!

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How to Assess the Value of Your Junk Car

If you have a junk car that you wish to sell, your first inquiry likely has to do with money. You want to know how much your car is worth, and what to expect in terms of payment. Continue reading to learn what you need to know about this topic, including where to get started on your sale.

Sell Us Your Junk Vehicle Today! 317-450-3721

Sell Us Your Junk Vehicle Today! 317-450-3721

You Can’t Know For Sure

It is nearly impossible to determine the actual worth of a junk vehicle without an in-person, professional evaluation using industry technologies to measure and weigh it, such as electronic platform scales and XRF analyzers. However, you can get an idea of what to expect by running a rudimentary assessment yourself, before contact a junk car buyer.

There are four primary factors to concentrate on when making your own self-evaluation of your junk car. Take note, this will not be an accurate estimation, but rather, a starting point for negotiations. These factors include the vehicle’s valuable parts, recyclable parts, estimated auction value, and the total amount of pure scrap metal.

Valuable PartsCatalytic converters, engines, radiator, alternators, timing belts, starter motors, computers, stereos, electronic devices, airbag, battery, AC, fenders, bumpers, windows, doors, tailgates, tires, rims, chassis, and any functional automotive parts.

Valuable RecyclablesAnything within the vehicle that can be dismantled, reprocessed, and repurposed. This may include components like the ones mentioned for valuable parts. Almost everything in a vehicle can be recycled, especially if made of metal.

Auction ValueHow much will your junk car likely sell for at auction? Well, if it still operates, or only requires a few repairs, it could sell for more than the scrap value. In contrast, if it does not run and contains several defective parts and systems, it will sell for scrap value or less.

Pure Scrap ValueThis is the amount of metal in your junk car that can be sold as scrap. Cars mostly contain steel, so you can look up the current market prices for steel, and then multiply that number by the total weight of your vehicle. This will give you a starting point for negotiations.

Skip the Hassle and Get the Best Price for Your Junk Car

Sell a Junk Vehicle 317-450-3721

Sell a Junk Vehicle 317-450-3721

Call 317-450-3721 to sell a junk car in Indianapolis, Indiana for cash on the spot. We will buy your junk vehicle regardless of its condition, and pay you the fairest return in town! For more than 75 years, our company has been a trusted source for junk car selling, so you can trust us too! Call 317-450-3721 to request a free estimate for Indianapolis cash for cars, today.

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Here is the Best Option for You and Your Junk Car

You can find a better option when it comes to selling your old or broken down junk car. All you have to do is learn where to look! Continue reading to learn the best choice for making a junk car profitable!

Junk Car Buyers 317-450-3721

Indianapolis Junk Car Buyers 317-450-3721

Junk Cars are Profitable!

One of the most obvious reasons people want to get rid of a junk car is for convenience; however, a more common reason is for instant cash earnings. A person can sell a junk vehicle for cash, or disassemble the parts and sell them piece by piece for a higher profit. There are so many salvageable parts on a scrap car, that a person can sell these parts for cash and make more money than selling the car as a whole. So wwhichever option you choose, your best course of action for your junk car is to do business with an Indianapolis junk car buyer!

How to Get Paid Cash on the Spot

There are several options when it comes to selling a junk car for cash. Depending on the status and conditional state of the vehicle, the cash value with always vary. The better condition the car is in, the more money it is worth. Also, if a car still retains the valuable components, such as a catalytic converter and engine, then it is worth even more. The best place to start if you wish to sell a junk car for cash is a Cash for Cars Company. They are reputable dealers who buy junk vehicles and motorized commodities, including farming equipment, construction equipment, boats, motorcycles, scooters, golf carts, and more.

They will certainly give you a higher cash return for your junk vehicle than a regular person who’s found your ad in the paper. That is because junk car buyers know and understand the worth of certain metals with automobiles and retain the finances to purchase large inventories of scrap vehicles for recycling purposes. They also make the process easier for the client because they generally offer pickup and towing services for free. This way you do not even have to leave your house to sell a junk car!

Indianapolis Junk Car Buyers You Can Trust

Sell a Junk Vehicle 317-450-3721

Sell a Junk Vehicle 317-450-3721

Call Indianapolis Cash for Cars at 317-450-3721 and ask for Bill if you want the best deal for your junk car. We will provide all the information you need on the junk car selling process, current market values for metal, alternative junk car options, and more. As a family owned and operated company that has done business in Indiana since 1927, you can trust that we offer the fairest and most honest returns for junk cars and vehicles.

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How to Replace a Lost Car Title

If you want to sell your car, but cannot locate the title for it, you are just like thousands of other vehicle owners. There is no need to be concerned since replacing lost or stolen car title is not difficult. Continue reading to learn what you need to do in order to apply for a new title, including where to get a great payout for your car!

Sell a Car Without a Title 317-450-3721

Sell a Car Without a Title
317-450-3721

Duplicate Title Application

When car titles are lost, stolen, mutilated, destroyed, or become illegible, they need to be replaced. If your car title fits any of these descriptions, you can apply for a duplicate through the Indiana Department of Motor Vehicles. Use the branch that is local to you for added convenience since you will need to apply for a new title in person. Visit the BMV Duplicate Title Application webpage for specific instructions on replacing a lost car title.

Keep in mind that would will have to pay a fee, either with credit card, check, cashier’s’ check, or money order. When making your payment, you will be required to show legal identification. Your I.D. can be one of many, as long as it is not expired, including a drivers’ licensed, passport, passport card, military license, student identification card, bank card, probation card, or a work identification card.

Once you receive your new title in the mail, it will read “DUPLICATE” on the front. If you ever find the original title, it will be void, so be sure to destroy it immediately. You can shred it or burn it, but do not throw it away.

If You Cannot Replace the Title

You can still sell a car without a car title to a junk car buyer as long as you can provide alternative documentation that proves you are the true owner of the vehicle. If you own a junk car or abandoned vehicle, and you cannot find the title, you can still sell it to a junk car buyer if you obtain a Certificate of Authority. In fact, official BMV literature explains it like this:

“A person who owns a vehicle that has a certificate of title that is faulty, lost, or destroyed, or who is the possessor of an abandoned vehicle may apply to the BMV for authority to sell, give away, or dispose of the vehicle for scrap metal without applying for a certificate of title. An approved Certificate of Authority – Disposal of a Motor Vehicle – State Form 55018 must be provided to the automotive salvage recycler, or other appropriate facility when disposing of the vehicle.”

Indianapolis Cash for Cars

Sell a Junk Vehicle 317-450-3721

Sell a Junk Vehicle 317-450-3721

Call 317-450-3721 to sell a junk car in Indianapolis, Indiana for cash on the spot. We will buy your junk vehicle regardless of its condition, and pay you the fairest return in town! For more than 75 years, our company has been a trusted source for junk car selling, so you can trust us too! Call 317-450-3721 to request a free estimate for Indianapolis cash for cars, today.

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Can I Sell a Car That Has Been Submerged in Water?

If your vehicle wound up in a lake, or flooded waters, there is little to no chance at restoring back to its original condition for less than what it would cost to buy another car. Not only will all that water rust every single internal component, it will destroy any electrical workings.

In these cases, most insurance companies will label a vehicle a total loss because the cost to repair it is more than the current market value of the vehicle. Continue reading to learn what your options are for selling a car that was submerged under water.

Sell a Totaled Vehicle

Sell a Totaled Vehicle
317-450-3721

Great News For You!

The great news is that you CAN sell your car if it has been under water for some reason. The catch is that you must be open and honest regarding its history and damage. When selling it, you must disclose the damage upfront, even if the vehicle still runs and you have a title that shows proof of the damage.

Upon reporting your car to your insurance provide, you will receive a title that is termed as a “flood salvage title.” With this title, you can now legally sell your vehicle to anyone you like, publically or privately. Although it could be a challenge to find a private buyer that wants a junked car, there are several public buyers that purchase junk cars.

Junk Car Buyers

The best option for selling a junk car with a flood salvage title is to choose a local and reputable Indianapolis cash for cars business. There are literally thousands of companies to choose from, so be sure to weed out the risky choices by looking for a junk car buyer that has experience, longevity in the business, and good customer reviews.

Indianapolis Junk Car Buyers

Sell a Junk Vehicle 317-450-3721

Sell a Junk Vehicle 317-450-3721

Earn fast cash for your junk car by calling Indianapolis Cash For Cars right now! You can reach a friendly office attended at 317-450-3721 anytime, day or night. Selling a junk car for cash is good for the environment, makes you money, and gets unsafe vehicles off the road. There are several advantages to selling a junk car, but let the cash tempt you the most!

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Do Junk Cars Contain Precious Metal?

Many people are aware that vehicles are manufactured using a variety of common ferrous and non-ferrous metals, like steel, iron, and aluminum. But did you know that vehicles, like your everyday car or truck, may also contain valuable precious metals? Not only does this mean that your junk car is worth more than you think, it means that you can sell it to any local scrap metal buyer or junk car yard for cash on the spot!

Continue reading to learn which precious metals might be found in your average vehicle, and where to sell a junk car for the best price around!

Sell Us Your Junk Vehicle Today! 317-450-3721

Sell Us Your Junk Vehicle Today! 317-450-3721

Precious Metals

Precious metals are rare, naturally-occurring metals with high economic value. Common examples include gold, silver, platinum, and zirconium. Others include cobalt, titanium, palladium, osmium, ruthenium, iridium, and tungsten. Precious metals retain unique and advantageous qualities and characteristics. Ordinarily, precious metals are admired and desired for their high melting points, resistance to corrosion, and density levels. Many of them are sought-after for their reflective qualities, catalytic applications, and conductivity properties as well.

These metals are used in the industrial manufacturing, jewelry industry, electrical engineering, and even the automotive industry. In fact, there are several valuable metals inside a car; and these metals remain valuable since they can be recycled and reused over and over again. In addition to ferrous and non-ferrous metal, cars and trucks can also contain two valuable precious metals: gold and platinum.

Gold and Platinum

Cars that contain computers also contain circuit boards, which commonly contain gold-plated contact “fingers” at the edges where the connectors slide on. Common automotive computers like the powertrain control module (PCM) and the engine control unit (ECU) regulate things like mission controls, antilock brakes (ABS), transmission shifting, ignition timing, fuel injection, turbocharger boosts, and additional engine jobs.

The gold in these circuit boards can be extracted, recycled, and repurposed, over and over again, while never losing its value. Although the current market values for metal dictate how much you can sell a particular type of metal for, gold is always valuable. Regardless of age or condition, a car with a computer circuit board likely contains valuable amounts of gold metal.

Platinum is another valuable precious metal found in virtually all vehicles. Where can it be found? The answer is the catalytic converter. If you have ever had to replace a catalytic converter on your vehicle, you already know that it was not a cheap part. That is because it is made of a rare and highly-valuable metal we call “platinum.”

How to Get Cash for Cars in Indianapolis

Sell a Junk Vehicle 317-450-3721

Sell a Junk Vehicle 317-450-3721

Earn fast cash for junk cars in Indianapolis by calling 317-450-3721 right now! You can reach a friendly office attendant anytime, day or night. Selling a junk car for cash is good for the environment, makes you money, and gets unsafe vehicles off the road. There are several advantages to selling a junk car, but let the cash tempt you the most! Request a free phone quote, today.

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FAQS About Junk Cars

If you own a junk car, truck, tractor, motorcycle, or other motorized vehicle, you may be interested in getting rid of it for a gratifying profit. This is all made possible through the lucrative industry of junk car buying and selling. There are hundreds of salvage yards to choose from, but in order to get the fairest return for your junk vehicle, it is crucial to choose a business that has a long-standing reputation of providing honest and courteous service within the local communities.

If you choose a fly-by-the-night or unlicensed junk car dealer, you risk being taken advantage of, which ultimately results in you losing money on the deal; money that was rightfully yours. To help you with the junk car selling and decision making process, it is recommended to learn the basics surrounding the enterprise.

Continue reading to review some frequently asked questions and answers about junk cars to get started!

Indianapolis Junk Car Buyers 317-450-3721

Indianapolis Junk Car Buyers 317-450-3721

How Much Money Can I Get for a Junk Vehicle?

The amount of money your junk vehicle is worth depends on several factors, primarily total weight, operative parts, and the current market value for steel and iron. Right now, a car owner can expect to receive anywhere from $150 to $300 for a junked vehicle. Professional dealers typically retain electronic weight scales, XRF analyzers, and other forms of modern technology to assess the value of a vehicle. They also use market values for vehicles.

Do I Need a Title to Sell a Junk Car to a Salvage Yard?

You can still sell your junk car without a title, but you will need to provide alternative documentation that proves you are the true owner of the vehicle. This may include your registration. If you do not have any other documentation, you may apply for a duplicate title instead. If your title is lost, faulty, or destroyed, you will need to apply for a Certificate of Authority.

How Do I Get a Certificate of Authority?

According to the BMV, “A person who owns a vehicle that has a certificate of title that is faulty, lost, or destroyed, or who is the possessor of an abandoned vehicle may apply to the BMV for authority to sell, give away, or dispose of the vehicle for scrap metal without applying for a certificate of title. An approved Certificate of Authority – Disposal of a Motor Vehicle – State Form 55018 must be provided to the automotive salvage recycler, or other appropriate facility when disposing of the vehicle.” You can download the Certificate of Authority Application Packet, including the State Form 55018, here.

Is it Legal to Drive a Car With a Salvaged Title?

The answer to this questions depends on insurance coverage. You see, many insurance companies will only offer limited or restricted coverage for a salvaged vehicle, while many others won’t insure one at all. So if you have an “un-insurable” vehicle, it would be illegal to drive it since the law requires all drivers to be insured.

How Do I Sell My Junk Car?

Locate the title of the vehicle.
Call a local and licensed junk car dealer.
Tell them the make and model of your vehicle.
Receive a phone quote on the spot.

If You Accept the Offer…

The dealer will schedule a time to retrieve your vehicle.

Before they arrive, collect all of your personal belongings from the vehicle, including the license plate.

Next, cancel your automobiles registration with the State.

When they arrive, you will sign over the title to them.

After you sign over the title, they will either pay you cash on the spot or send a check in the mail. It depends on the company you do business with.

Where Can I Get the Most Cash for My Junk Car?

Sell a Junk Vehicle 317-450-3721

Sell a Junk Vehicle 317-450-3721

Earn fast cash for your junk car by calling Zoe’s Inc. Indianapolis Cash for Cars division right now! You can reach a friendly office attended at 317-450-3721 anytime, day or night. Selling a junk car for cash is good for the environment, makes you money, and gets unsafe vehicles off the road. There are several advantages to selling a junk car, but let the cash tempt you the most!

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