How Profitable is a Junk Car?

Sell a Junk Vehicle 317-450-3721

Sell a Junk Vehicle 317-450-3721

A junk car retains several salvageable parts, all with various uses. In fact, this is one of the main reasons why people are driven to recycle or sell junk cars. The profitability of a junk car depends on a long list of variables. The seller, the condition of the car, the components still intact, and much more all affect the amount of cash-return for an old or junked vehicle. Continue reading and catch up on the breakdown of how profitable it can be to sell a junk car or other vehicle.

Recycling Junk Cars

A junk vehicle can still prove to be profitable, especially when it is dismantled part by part. You see, a scrap metal recycling center or junk car buyer will pay less money for a car in whole than they would part per part. This has to do with the amount of labor and time it requires to break a car down once it is bought for its scrap metal. A buyer naturally would want to be compensated for the work put into dismantling a vehicle following purchase. Many junk car owners do not want to put in the time, money, or labor into dismantling a junk car; nor do they have the time, money, equipment, or skill-set to do so. So, these are reasons why a junk car sold as a whole to a junk car buyer is worth less than if a junk car were sold for its parts.

Part for part, a junk car can turn out to be quite lucrative. For example, a catalytic converter is made from a precious metal called platinum. This metal is highly valuable and reusable; making it worth more than an entire junked vehicle! Other parts, like head lights, tail lights, bumpers, engines, and more are all highly valuable and resold for a significant profit. A person can stand to make up to one thousand more dollars selling a junk car part for part, rather than in its entirety. The catch to this is, it requires time and money to take a car apart; so a person is likely to invest more money disassembling a junk car for its parts rather than selling it as a whole, in the end.

Indianapolis Cash for Cars

Junk Car Buyers 317-450-3721

Junk Car Buyers 317-450-3721

If you have a junk vehicle you would like to see recycled, call Indianapolis Cash for Cars at 317-450-3721 today. We buy all make and model junk cars, boats, watercrafts, construction equipment, trailers, trucks, ATV’s, and much more. As a family owned and operated business, we offer the highest returns for junk cars, and pay cash on the spot! Our company is fully licensed, bonded, and insured to buy junk vehicles and other scrap metal commodities in Indiana. Call 317-450-3721 for a free evaluation or estimate if you wish to sell a junk car in Indianapolis, IN today.