Is a Junk Car Worth More if it’s Heavier?

The profit you receive for your junk vehicle will depend on all sorts of factors, one of which being the current market value for the metals your junk car contains. Accordingly, the more metal in a car, the more it’s worth once it’s deemed a total loss. Although the market values fluctuate regularly, sometimes even daily, making it hard to predetermine how much a junk car is worth, you can count on the fact that the more metal in a junk car, the more value it has. This is especially true for junk cars that contain all its parts.  

Continue reading to learn how metal quantity can influence the money you make from selling a junk car.

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

Valuable Metal in a Junk Car

Metals like copper, aluminum, and iron are present in junk cars. They are also high in demand, and less available in today’s mining economy, making their values higher than before. Precious metals are also high in economic value. The two most abundant precious metals found in a vehicle are gold and platinum. However, there are a few others in trace quantities.

A vehicle that still retains a catalytic converter is more valuable than one that does not because catalytic converters are primarily compounded of platinum. It also contains traces of other precious metals and valuable alloys, such as palladium, rhodium, cerium, manganese, and nickel. As for gold, you can find it in any vehicle that contains a computer or circuit board.

How Much Can You Get

Professional junk car buying companies do not use a concrete formula to appraise junk vehicles. Instead, junk car appraisers will use specific factors as well as the current metal prices to determine how much a car is worth and how much they can pay someone for it. One of the most influential factors is the amount of metal in a vehicle.

Typically, vehicles that are larger and weigh more have more metal, thus making them worth more money at a salvage yard. However, the process of determining how much a junk car is worth can be complicated since values vary depending on several other factors, such as the make and model of a vehicle, a vehicle’s location, a vehicle’s condition, and the current market prices for metal.

How to Learn More About Selling Junk Cars

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!

Quick Cash for Junk Cars!

Did you know that your junk vehicle contains a plethora of salvageable and valuable goodies that can make you money in as little as a few hours? It’s true! Junk cars and trucks are not worthless, throw-away commodities. They have hidden value that junk car owners should know about. Continue reading to learn what makes a junk car valuable, and how to get paid cash for cars, fast!

Cash for Cars Indianapolis 317-450-3721

Cash for Cars Indianapolis 317-450-3721

Junk Car Buyers

Junked or totaled vehicles can be traded for cash at any local junk yard, salvage lot, metal recycler, or car auction center. It is important to choose a junk car buyer that can offer you the fair market value for your junk vehicle. Experience and longevity in the industry are two big indicators that you are dealing with a reputable and fair company. Experience proves they are well-aware of how to assess the value of a vehicle depending on its condition, and longevity proves they are reputable among the local community members and residents. They will be able to offer the fairest returns for scrap metal and auto parts because they have a successful and reputable business. There is no need to cheat customers when they have the trust of the surrounding community and plenty of business!

Junk Car Parts and Metal

Junk cars are worth something because of the metal they hold within them. Auto parts that are still functional can be refurbished and re-sold for a profit, and valuable metals like platinum, can be salvaged and smelted for resell. Junk car buying companies retain the proper teams, equipment, and machinery to properly dismantle vehicles, refurbish parts, and process scrap metal. Depending on the condition of the vehicle, the amount of working parts, and it’s parts inventory, a junk car can be worth anywhere from $100 to $1000, or more.

Selling a Junk Car

Be sure to implement and record a personal assessment of the vehicle. Once this is done, you can move forward with the rest of the process. Locate the title to the vehicle. You must have this in order to legally sell it to anyone or any company. Once you have the title, take your junk car in to a local Cash for Cars company and get paid cash on the spot!

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 today! We have been in business for more than 50 years and continue to please the local community with the highest returns for junk vehicles, scrap metal, construction equipment, water crafts, airplanes, motorcycles, and more! We also offer free towing services for anyone who wishes to sell a junk car in Indianapolis! Call 317-450-3721 to learn more about how to sell a junk vehicle in Indianapolis, IN today.