5 Reasons Why You Won’t Get $500 Cash for Your Junk Car

Although possible in the past, it isn’t likely that you’ll get more than $500 for your junk vehicle any time soon. And here’s why…

Cash for Cars Indianapolis 317-450-3721

Cash for Cars Indianapolis 317-450-3721

Just a few short years ago, the scrap metal industry was content. Back then, you could easily get $500 or more for a quality junk car considering scrap steel was selling at an average of $400 per ton. But times have changed since then, and the industry has experienced an on-going slump. And this slump isn’t the roller coaster kind, with rising and falling values. Instead, think of it as a steady, downhill ski slope that ends with a sudden drop off.

Unfortunately, the market has not seen any rising values for scrap metal since before 2014. Continue reading to learn why you probably won’t get the value you’d once expect from selling your junk car for cash to an auto salvage center.

Scrap Metal Exports are Down

Our country used to export an abundant amount of scrap metal overseas, but not anymore. In fact, the United States exported an average of 20 million metric tons every year. And as little as 5 years ago, that number was a whopping 24 million! But in 2014, the number dropped significantly, and has continued to decline ever since. And in terms of basic economics, when demand is low, so are prices.

The U.S. Dollar is Up

Although it sounds good that the U.S. American dollar is on the rise, but in terms of international commerce, it’s not. As the value of the U.S. dollar increases, it becomes more expensive for other countries to purchase U.S. goods, including metal. This brings us right back to the basics of economics mentioned above.

The U.S. is Importing Canadian Steel

Canada’s steel industry is diminishing, causing them to export more and more to the United States. And for cities close to the Canadian borders, it can be less expensive to import Canadian steel than to have it transported from somewhere else in the United States. And when you couple that with a weak Canadian dollar, you can understand the circumstances.

China is Long Gone

The United States used to sell a significant amount of steel to China. But now that China’s economy has taken a slower pace, they are no longer interested in buying as much steel from our country. And if they won’t buy it, we can’t sell it. Again, when demand is low, so are the prices.

The Competition

China produces steel and exports it cheap to sell to other countries. This puts other steel-producing countries in a poor position. So as other country’s’ prices for steel decrease, the U.S. is forced to buy this cheaper steel, causing American steel producers to have trouble with their businesses.

Auto Salvage Companies

Auto salvage companies wish they could give you the value you expect for your junk car, but they just cannot. The industry is simply not doing well right now, and there’s no sign of it getting better any time soon. However, you can still receive a fair price for your junk vehicle if you visit a cash for cars company in your area.

Indianapolis Cash for Cars

Junk Car Buyers 317-450-3721

Junk Car Buyers 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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3 Good Uses for Junk Car Parts

Cash for Car Parts Indianapolis 317-450-3721

Cash for Car Parts Indianapolis 317-450-3721

A junk car provides something that is very valuable, especially if they are functional. We’re talking about junk car parts of course! There are several uses and applications for junk car parts, all of which depend on the owner’s personal preference and objective. If you have junk auto parts laying around, you should try to make the most of them!

Continue reading to learn three lucrative and cost-effective applications for junk car parts.

Selling Them Directly

When you have junk metal, you have something someone, somewhere, wants. As for auto parts, you have several options to choose from. Many individuals, companies, and manufacturers buy junk metal auto parts from sellers. This includes vehicle owners, mechanics, metal refineries, scrap yards, junk yards, metal recycling centers, auto repair shops, car manufacturers, metalwork manufacturers, junk car buyers, and more. These types of buyers will either reprocess, refurbish, recycle, reuse, or resell junk auto parts. If you want a quick and sure-fire way of making money with junk car parts, direct selling is the easiest and most convenient.

Spare Parts

Junk car parts, assuming they are still functional, can be reused as replacement parts when you need them for your primary vehicle. If you have junk parts that are close to functional, you may be able to refurbish them for reuse later on. Not only do spare car parts save you time and money, they save you a lot of trouble looking for a replacement part. And when you have spare car parts that you won’t need, you can sell them to car owners who do!

Art and Décor

It is very trendy these days to use everyday items as art and décor. Bars, restaurants, and many other commercial venues are especially moving toward more unique and exciting interior design. So when you have junk car parts that seem to serve no other purpose, consider making them into makeshift items, or even home décor and artwork! For instance, if you have a work shop, garage, or shed, hanging an old automobile grill on the wall would look quite impressive. Or you can even use old car seats as chairs in your rec room!

How to Sell Junk Car Parts in Indianapolis

Junk Car Buyers 317-450-3721

Junk Car Buyers 317-450-3721

Call Cash for Cars at 317-450-3721 to sell junk car parts in Indianapolis, Indiana. We pay the highest returns for junk cars, spare auto parts, and scrap metal in town! When you want hassle-free fast cash, call us to get rid of your junk car! Regardless of condition, make, or model, we accept all motorized vehicles, including boats, jet skis, construction equipment, and more! Call 317-450-3721 to get fast cash for junk cars in Indianapolis, today.

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When You Can’t Afford to Repair Your Car

Cash for Cars Indianapolis 317-450-3721

Cash for Cars Indianapolis 317-450-3721

Not everyone has disposable cash on hand for an unexpected car repair. Single parents, lay-offs, and salary deductions all play a part of the average struggling bill payer. Without fault of your own, you may not have the cash available to repair your car at a moment’s notice. Groceries, electricity, and mortgage all come first. In situations like this, educate yourself on all the options out there. If you cannot afford to repair your car, look at the next best alternatives.

How to Survive an Unexpected Car Repair Expense

If you have just been involved in an accident, or a part of your vehicle has called it quits for good, look to all your options on repair before going into despair. When you do not have the immediate cash to repair your car, look to your credit cards for help. You can use multiple credit cards to make the payment in full, or you can open a new account just for that expense. This allows you to get your car back to continue working, and pay it off in monthly installments. If your credit is bad, or your cards are maxed out, then you can turn to the next possibility.

Call as many car repair places in town; ask each owner for a special payment plan to help extend your cash and get your car fixed at the same time. Someone may put their trust in you and offer a special financing deal. You have to ask to find out. If this is not an option for you as well, then move onto the last resort: selling your junk car.

Sell Your Junk Car for Cash

Cash for Cars Indianapolis 317-450-3721

Cash for Cars Indianapolis 317-450-3721

If you cannot afford to repair your car, or purchase a new one, then junking your car for cash could be your best solution. Selling your wrecked or broken down vehicle will give you access to instant cash. This cash can go toward a down payment on a new car from a used car lot. It can even be put toward a new car in some cases, depending on how much you get.

There are many places to sell your wrecked or junk car to, but be careful who you choose. Use a reputable and experienced company. These companies are knowledgeable about cars and can give you the best offers. Be sure to get multiple offers to see who will give you the most for your vehicle.

Indianapolis Cash for Cars

Call 317-450-3721 to sell your junk car or truck for fast cash in Indianapolis, Indiana. Zore’s Inc. offers the highest returns for junk vehicles, and can even help you find a new car! We also buy and sell new and used car parts. Call Zore’s Inc. at 317-450-3721 for Indianapolis cash for cars, today!

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Can a New Car Be a Junk Car?

Cash for Cars Indianapolis 317-450-3721

Cash for Cars Indianapolis 317-450-3721

Who doesn’t love the feeling you get when you pull out onto the road in your brand new vehicle? That new car smell coupled with the excitement of getting to know your new ride are some of the best parts to buying a new car or truck. In fact, the high we get from owning a new car can mask the liability that comes along with it. Because no matter how solid your automotive insurance is, it is possible for your new vehicle to not have proper coverage need for major accidents and traffic collisions. In this case, you could be stuck with a brand new car that can no longer serve a purpose. Continue reading to learn just how a new car can turn into a salvaged car overnight.

Auto Accidents and Insurance Coverage

When you buy a brand new vehicle, you instantly get it covered by your choice insurance carrier. Unfortunately, many people fail to read the fine print that explains they do not replace totaled vehicles at full value. Some insurance policies do not covered totaled vehicles at all if they are damaged in a certain way. Whether you drive your new car into a lake, or mistakenly smash into a telephone pole, a new vehicle that has been totaled may or may not be covered by auto insurance.

In these cases, your new car becomes a junk car since the cost of repair would exceed the value of the vehicle in whole. If your insurance carrier provides coverage for totaling a new car, then you can simply replace it with the money you get in return. However, if your insurance carrier does not, or your policy does not have that feature, you are stuck paying a portion out of pocket for ANOTHER brand new vehicle. A good option for this situation would be to sell your totaled vehicle to a junk car buyer.

Indianapolis Cash for Cars

Junk Car Buyers 317-450-3721

Junk Car Buyers 317-450-3721

Call 317-450-3721 to sell a junk vehicle to Indianapolis Cash for Cars! We are a junk car that buys all make and model vehicles, new and old, for the highest price. We also buy water crafts, boats, jet skis, trailers, construction equipment, motorcycles, ATV’s, and more! Call us at 317-450-3721 to learn the value of your junk car today!

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How to Get Fast Cash for Junk Cars

Cash for Cars Indianapolis 317-450-3721

Cash for Cars Indianapolis 317-450-3721

At some point, every vehicle will eventually reach its end and become a junked car or truck. So what happens to vehicles that are no longer driveable? There is not much you can do with a junk vehicle; except maybe turning it into an over-sized planter for a garden, or allowing it to remain in a driveway as a hideous eyesore for the entire neighborhood. Both scenarios are not desirable ones; so what’s the best option?

Many car and truck owners have discovered the secret to getting the most from their junk vehicle instead of throwing it away or letting it sit unused for years and years; the secret is selling it to a junk car lot for cash! Continue reading to learn about getting cash for junk cars and where to go in your town for the best cash return for your junk car.

Sell an Old Car or Truck

When you have an old car or truck that doesn’t start, missing parts, or totaled; there is still a chance for recovery. There are several components within junk vehicles that can still be reused or recycled as scrap metal. Car batteries, radiators, catalytic converters, transmissions, tires, exhausts, and many other parts are worth money and can even be reused in other vehicles as spare parts! If a vehicle is completely junked, or even gutted, it can still be recycled as scrap metal and constructed in to something new; like additional car parts. Once you understand that your junk vehicle is still worth some money, you will need to figure out who will buy it from you. The answer is easy!

Cash for Cars Indianapolis

Cash for Cars Indianapolis 317-450-3721

Any local scrap metal yard, junk car recycling center, or cash for cars company will buy new and used junk vehicles or wrecked vehicles for straight cash. Although there are several options when it comes to companies to choose from, not all junk car lots are the same and offer the same cash returns. It is important to choose wisely, and do your research to determine who will offer you the best deal and the most convenient services for junk car recycling.

Not only do you want a junk car buying company to offer you a fair amount of money, you want amenities as well. Choose a company that offers pickup services, 24 hour services, free estimates, and will accept car parts and whole cars in any condition. Some junk car lots may ask for a car title, but this is unreasonable. You shouldn’t need one to sell a junk vehicle.

Indianapolis Cash for Cars

Call Cash for Cars at 317-450-3721 to sell a junk car for cash on the spot in Indianapolis, Indiana. Here at Cash for Cars, we are highly trained and qualified scrap metal recycling professionals that accepts all make and model vehicles, in any condition; including buses, semi-trucks, boats, jet skis, trailers, and more . On top of buying junk cars at the highest returns in Indiana, we also buy scrap metal; such as appliances, jewelry, electrical gadgets, tools, equipment, and much more. Call 317-450-3721 to sell your junk car in Indianapolis, IN today.

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Environmental Benefits to Recycling a Junk Car

Cars are one of the most recycled commodities in the world! Not many people are aware of this fact, yet millions continue to recycle their junk cars every day. Recycling cars is such a great way to preserve resources for many reasons. In this article, we’ll discuss the most common benefits to recycling cars for the sake of the environment.

Scrap Metal

Junk Car Recycling 317-450-3721

Junk Car Recycling 317-450-3721

One of the main reasons salvaged cars are so valuable to the recycling world, is the modern value of scrap metal. Over 400 million tons of metal is recycled every year and is generally recycled into higher quality metals. The great fact about recycling metal is that almost every kind is recyclable. The more scrap metal recycled each year encourages less manufacturing of new car parts and less use of raw resources and materials like carbon and oil, which happens to also be very expensive. This promotes environmental conservation of natural resources and energy too.

A wonderful advantage in the junk car recycling world is the fact that close to 95% of a car is recyclable. The downside is, if not executed properly, recycling a junk car can be dangerous for a person and the environment. When a car is scrapped, it is crucial that the toxic liquids and harsh chemicals within the vehicle are emptied and disposed of properly. Otherwise, the leakage of these toxic solutions can seep into the ground and kill plant life, insects, contaminate water supplies, and more. If it were to come in contact with a person, it can cause serious skin burns, rashes, respiratory complications, and more as well. It is important to hire a licensed professional junk car removal company to facilitate car recycling for your junk car.

More than Just Environmental Advantages

Another wonderful benefit of recycling a salvaged car is the monetary return! Most junk car removal companies will pay someone cash-in-hand for their salvaged car, and tow it away free of charge. The extra money can go toward a new vehicle, or something else to help the environment! The amount of cash depends on the quality of the scrap metal and auto parts. Usually, a person is given between $100 and $500 dollars. In some cases, even more!
The most important step to recycling a salvaged car is to choose the right company to handle the process for you. With the risks involved, do your research and find a scrap yard that has years of experience and good customer reviews.

Get Fast Cash for Cars in Indianapolis

Junk Car Buyers 317-450-3721

Junk Car Buyers 317-450-3721

Call Cash for Cars at 317-450-3721 for more information about recycling junk cars in Indianapolis, Indiana. We are the professionals that can give you the most for your junk car! We also offer free towing and haul-away services for those who wish to recycle a junk car in Indianapolis! Call us at 317-450-3721 for a free estimate or advice on recycling a junk car in Indiana.

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How You Can Put a Junk Car to Good Use

Cash for Cars Indianapolis 317-450-3721

Cash for Cars Indianapolis 317-450-3721

When you think about your old junk car sitting in the shed out back, or the dark side of the garage, you may think about why you still have it sitting in your house. What you should think about is ways to put that old hunk of metal to good use. There are several options to consider if you are ready to get rid of your old vehicle. Continue reading to learn what you can do with a junk car and how it can help your wallet as well!

Sell a Junk Car

There are many places that a person can sell a junk vehicle for cash. Junk car buyers are listed everywhere and junk car lots are prevalent spots all over the city. The important tip to keep in mind is to ask around to get the best return for your junk car. Many junk car lots have a flat fee for any junk vehicle; this is normal. It is still helpful to check around. Use a reliable company that has a good-standing history in the city and with clients.

Donate a Junk Car

A person can also donate their old car. There are various institutions, charities, fundraisers, and foundations that accept old cars and more. Most of the time, this type of donation can also be a tax write off. Churches, educational facilities, YMCA’s, shelters, and other similar establishments accept these types of donations. Although you do not get cash in return, per say, it is a tax write off for most people.

Scrap a Junk Car for Metal Parts

If cash is what you’re after, then scrapping the individual car parts and components is best. Taking a car apart requires certain tools, equipment, and experience. Be sure to have an experienced mechanic assist you with this task. Each vehicle part can be sold or scrapped for different cash amounts.

Metal recycling companies and scrap metal yards are the most popular places to sell old car parts. Catalytic converters give the highest cash return. This is because they are made from platinum, a very valuable, useful, and recyclable metal. Also, engines, radiators, and car batteries are bigger money items. Radiators made from copper are especially desirable. Aluminum car parts are easy to reuse and recycle,
making them easy to scrap as well.

Cash for Cars in Indianapolis

Junk Car Buyers 317-450-3721

Junk Car Buyers 317-450-3721

Call Cash for Cars at 317-450-3721 for information about selling a junk car in Indianapolis today. Our experienced junk car scrappers are friendly and honest, offering the best payouts for junk cars and scrap metal in Indiana. We also offer free towing and pickup to all junk car sellers! Call 317-450-3721 to sell a junk car in Indianapolis today!

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Indianapolis Cash for Cars Makes it Easy to Sell a Junk Vehicle in Indiana

Junk cars are worth more than you think. When you call Indianapolis Cash for Cars, you will see just what we mean! We buy junk vehicles, water crafts, and more, at the highest prices in Indiana. No matter what condition your junk vehicle is in, or how many parts might be missing, Indianapolis Cash for Cars will buy it from you, and pay you cash on the spot!

Cash for Cars Indianapolis 317-450-3721

Cash for Cars Indianapolis 317-450-3721

Get Paid for Your Junk

We accept all make and model vehicles, old or new, wrecked or dismantled. It truly does not matter how demolished your car or truck is, or how old it is. We will still buy it! This is just one way we make selling a junk vehicle easy in Indiana! We even accept boats, water crafts, jet skis, construction equipment, and more.

To make selling a junk car even easier, Indianapolis Cash for Cars offers free towing and haul-away services for anyone who chooses to do business with us! There’s no need to call a tow truck because we will send our own team and truck to pick up and take away your junk vehicle, at no extra cost to you. This means you need only make one phone call, and you can make a quick profit off of a car that is no use to you anymore.

Indianapolis Cash for Cars

Junk Car Buyers 317-450-3721

Junk Car Buyers 317-450-3721

Call Indianapolis Cash for Cars at 317-450-3721 and ask for Bill. Get all the information you need on selling a junk car, current market values for metal, and more. We are 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. If you have a junk car to sell, call Indianapolis Cash for Cars at 317-450-3721 today.

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What Happens to a Junk Car After it’s Sold for Cash?

Indianapolis Junk Car Buyers 317-450-3721

Indianapolis Junk Car Buyers 317-450-3721

Several companies, particularly scrap metal and recycling centers, will pay cash on the spot for junk cars, trucks, and other types of motorized vehicles like scooters and ATV’s. Many people benefit from such services, since a junk car is of no use to them, but has multiple purposes for such companies. But what happens to the junked vehicles after they are sold to a junk car buyer or recycling center? The answer varies depending on the company and the condition of the vehicle.

Continue reading to learn the different outcomes for vehicles sold to junk car lots and more.

Public Auto Auctions

If junk vehicles are still in rather good condition, meaning they still retains most of their valuable parts and those parts might still be operational with some help, junk car centers might hold a public auto auction, or sell it to a local auto auction for it to be auctioned off to the public. Auto auctions are popular for acquiring car parts and other automotive accessories at a cheap price. Many mechanics and car enthusiasts can find “fixer-uppers” for new projects and needed auto parts.

Auto Parts

Junk vehicles that are not in their entirety, or cannot be sold at auto auctions are generally dismantled part for part, by an on-site mechanic. Then these parts are re-sold individually by the junk car buyers to customers that are in need of used automotive parts for less. Popular parts include motors, engine blocks, catalytic converters, wheels, headlights, bumpers, fenders, taillights, windshields, seats, dashboards, and more.

Metal Recycling

Some junk car buying companies retain their own metal recycling divisions. They dismantle or crush junk vehicles, and then melt down all of its recyclable metal parts for reuse. Catalytic converters are made from a valuable metal called platinum, which can be melted down and repurposed over and over again. Also, steel and iron are a prevalent and recyclable metal found in vehicles.

Cash for Cars in Indianapolis

Junk Car Buyers 317-450-3721

Junk Car Buyers 317-450-3721

Call Cash for Cars at 317-450-3721 to sell a junk vehicle in Indianapolis, Indiana today. Zore’s Inc. has been a family owned and operated business since 1975, and continues to provide high quality services like junk car buying and metal recycling. We offer the fairest returns for junk cars, trucks, boats, watercrafts, construction equipment, scooters, motorbikes, ATV’s, and much more. Call 317-450-3721 to learn more about our Indianapolis Cash for Cars division and the
convenient customer services we offer to all our surrounding counties.

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The Difference Between Salvaged and Rebuilt Car Titles

Indianapolis Junk Car Buyers 317-450-3721

Indianapolis Junk Car Buyers 317-450-3721

When a vehicle incurs damages, and the total cost of those damages exceeds the overall value of the vehicle, it is considered a total loss. This means there is no more true value in the vehicle, and that repairing it would cost more than what the car is actually worth. In these cases, the automotive insurance carrier will issue the vehicle a salvaged title. In other cases, when a vehicle incurs damages that are close to a total loss, but the owner decides to restore the vehicle anyway, the insurance carrier will issue the vehicle a rebuilt title. Continue reading to learn the difference between the two, and who to call if you want to still profit from your salvaged vehicle.

Salvaged Titles

When a car is damaged to the point that it is a total loss, the cause of the damage may not just be a typical wreck or collision. There are several other types of damages that can render a vehicle as a total loss; such as hail damage, vandalism, theft recovery, flooding, and more. The purpose of salvaged titles is to indicate that the vehicle is a damaged vehicle. Cars with such titles are not meant to be driven on the road, and are not safe for driving in most cases. This is why vehicles with salvaged titles cannot be legally registered. So if a person is driving a car with a salvaged title, they are driving illegally. And since a salvaged title means the insurance company has already deemed the car a total loss and paid out for it, there is no way the vehicle can be insured again. If it cannot be registered, there is no need to insure it anyway.

So, vehicles with salvaged titles do not require insurance, cannot be legally registered, and therefore, should never be driven on public roadways and streets. Salvage vehicles can still be sold for parts and metal recycling purposes. Generally, but not always, salvaged vehicles are priced around 40% less than the KBB market value. Or it can be measured by the weight of metal material in it, depending on the condition of the vehicle.

Rebuilt Titles

It is important to know that a rebuilt car title used to be a salvaged car title. If a person owns a salvaged car and wishes to rebuild and restore it, they can do so, but not without some degree of difficulty. First, it is usually very costly to repair a vehicle that has been written off as a total loss by an insurance company. For this reason, many people do not choose to restore a totaled vehicle. Banks are not likely willing to approve financing or loans to repair a vehicle either, so the car owner would be entirely responsible for all repair costs. Second, finding an insurance policy to insure a rebuilt vehicle may be difficult, or expensive. A person might not be able to find full coverage, and will only be able to get covered for general liability. And last, a salvaged vehicle can only be rebuilt by a licensed car re-builder, and then must pass the state inspection to be approved and given a rebuilt title. So this means a person cannot just find a neighborhood mechanic repair their totaled vehicle.

Cash for Cars

Junk Car Buyers 317-450-3721

Junk Car Buyers 317-450-3721

Call Cash for Cars at 317-450-3721 to sell a salvaged vehicle in Indianapolis, Indiana. We pay cash on the spot for junk cars, wrecked cars, car parts, cars with salvaged titles, and much more. You can expect the highest and most honest payouts in the city. We even provide free towing and haul-away services. Call 317-480-3721 for information about selling a salvaged car in Indianapolis, IN.

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