The Quickest Way to Earn Cash for a Junk Car

Posted on December 31, 2018 by cashforcars

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!

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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!

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!

How to Assess the Value of Your Junk Car

Posted on November 26, 2018 by cashforcars

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.

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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.

❶ Valuable Parts – Catalytic 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.

❷ Valuable Recyclables – Anything 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.

❸ Auction Value – How 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.

❹ Pure Scrap Value – This 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

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.

The Difference Between Salvaged and Rebuilt Car Titles

Posted on April 30, 2015 by cashforcars

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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

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.

Quick Cash for Junk Cars!

Posted on February 26, 2015 by cashforcars

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!

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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

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.

Important Tips for Selling a Junk Car in Indiana

Posted on December 28, 2013 by cashforcars

Sell a Junk Vehicle 317-450-3721

If you own a used, junk, or wrecked vehicle in Indiana, you have the option to sell it to a scrap metal or junk car lot for cash. This is a fantastic opportunity for a person to not only get rid of their junk car and make more space in the driveway or garage; but to make a few extra bucks while doing it! Although selling a junk car for cash is a great idea and perfect way to discard an old vehicle, junk car selling can be tricky. Be sure to know your options and what to expect before trading your wrecked vehicle for cash. Continue reading to learn some important tips to selling a junk car in Indiana.

Always Sell Directly to a Scrap Yard

When you sell your junk car to a car lot, or a dealership, you will immediately forfeit money. A scrap yard for junk cars will be able to offer you top dollar for your junk vehicle. This is because they already retain the equipment and tools to break down a car and use its pieces for auto repair and more. A dealership will accept a junk car as a trade-in or down payment, but will not offer nearly enough money for what the metal and parts are actually worth. Cut out the middle-man and make more of a profit by selling directly to a scrap metal or junk car yard.

Always Use a Licensed Dealer

It is crucial to do business with a registered and licensed junk car dealer; rather than a person you find on Craigslist with a truck and a trailer. A novice junk car buyer will not know the safe and lawful procedures behind junk car buying and selling. Also, they are not licensed to buy and sell cars in the state of Indiana. If this person improperly disposes of, or ends up in a tow yard, the charges can be traced back to you! When you use a licensed junk car dealer, it ensures that you get the most reliable services within the industry.

Always Get a Guaranteed Quote

Many junk yards will play a “pricing game” with you over the phone. First, they will offer you a high sum of money over the phone to get you to the junk lot. Then, once you arrive, they will give you several reasons why the car is not worth what they thought it was over the phone; thus, offering you less in person. Not only is this obnoxious, it is bad business. Always ask a dealer over the phone if the offered rate is guaranteed; and if so, make them honor it when you arrive at the lot to do business. Also, ask about any hidden fees like pickup services, tow services, and haul-away fees. Don’t get stuck spending the money you just earned from your junk car, on your junk car!

Indianapolis Junk Car Buyers You Can Trust

Junk Car Buyers 317-450-3721

Call Cash for Cars in Indianapolis, Indiana at 317-450-3721 today. We are the number one licensed and registered junk car lot and tow yard operators in Indiana. We can offer the best and most honest rates for your junk or wrecked vehicle in all of Indy. We can guarantee our price quote over the phone and offer free pickup and haul-away services! Call 317-450-3721 today for honest price quotes and the highest profits for junk car selling in
Indianapolis, IN and its surrounding counties.