How Much Will I Make if I Sell My Totaled Car to an Auto Salvage Lot?

There is a perfectly good reason why many junk car owners consider themselves lucky. There are many lucrative uses for a junk vehicle, especially if most of the salvageable parts are still operable. An owner has several options for turning their salvaged car or truck into a profit of some sort.

Continue reading to learn what options are out there and the true profitability potential of a junk vehicle.

Indianapolis Indiana Junk Car Buyers
Sell a Junk Vehicle in Indianapolis 317-450-3721

Sell a Whole Junk Car

Junk vehicle owners can take the easiest and quickest route by choosing to sell their asset directly to a buyer. There are infinite consumers out there looking for salvaged vehicles and other commodities for a variety of reasons. Selling a vehicle as a whole may cut your profit down a bit, but it makes up for all the time and effort you evade in the process. When most parts are not functioning, direct selling is usually the best and only option.

Potential consumers for salvaged vehicles include junk car buyers, junkyards, metal recycling centers, private parties, auto body shops, and even metalwork manufacturers. The internet opens doors to thousands of consumers looking for exactly what you are selling, especially in the automotive market.

Sell All Auto Parts

Another option for profiting from a junked car is selling its parts individually for a higher profit. Although this is a more tedious and difficult approach that requires the skill of a licensed mechanic or trained mechanic, it renders a much higher profit. Headlights alone go for more than a few hundred dollars, brand new. So, it’s no mystery why so many people want to purchase used parts at a discounted price.

Other parts like motors, radiators, exhausts, catalytic converters, fuel tanks, and more are all sought-after car parts that can be refurbished and sold for a profit so long as they still work. A catalytic converter, for example, is made mostly from a precious metal called platinum. It is a very useful, expensive, and prized precious metal. This part alone can rake in some serious cash.

Call a Junk Car Company

Last, a person can simply choose to keep their salvaged vehicle in the case that their current one needs new parts. As mentioned, some automotive parts are extremely expensive to repair or replace, so having your own private inventory of spare parts is a highly-lucrative asset. That’s something to definitely consider if you own an old car or truck and want to make good use of it.

Are you ready to sell your junk car for cash now? Contact us at 317-450-3721 to speak with an Indianapolis cash for junk cars buyer and get a free offer today. We serve all of Central Indiana.

You Might Also Enjoy:

FAQS About Junk Cars
What You Can Do With Your Cash for Cars Profit
When is a Car Totaled?

Cash for Cars Indianapolis 317-450-3721
Indianapolis Cash for Junk Cars 317-450-3721

The Best Place to Start When Selling a Junk Car for Cash

There are plenty of options for selling a junk car. All you have to do is learn where to look and choose the route that meets your needs as a seller. Where do you begin? Well, right here! Continue reading to learn a few tips for selling a junk car for cash, as easily and conveniently as possible.

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

The Benefit of Owning a Junk Car

There are several advantages of owning a junk car that many people have never considered. To most, junk vehicles are garbage that no one wants to deal with or buy. Instead, a junk car can actually be a great treasure! One of the greatest opportunities for junk car owners is be able to discover different ways on how to discard or get rid of a junk car in their garage or driveway. For example, there are various constituents in vehicles that can be recycled and reused in countless ways. This option is the most recommended; however, there are many other fun ways to reuse a scrap vehicle.

How to Get Started With Selling a Junk Car for Cash

The best place to start if you wish to sell a junk car for cash is a scrap metal yard. Scrap metal companies buy junk vehicles and break them down into more valuable parts. They retain the appropriate equipment, machinery, and tools to quickly disassemble a car and recycle the metal that is inside. You can make more money at these scrap yards if you take apart the junk vehicle yourself, then sell each individual component for cash.  The reason you will get less money for a whole junk car is that the company has to use time and effort to strip down a vehicle themselves. 

Junk car buying companies will certainly give you a higher cash return for your junk vehicle than a regular person who’s found your ad in the paper. Scrapper companies 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 to a scrap metal recycling company. Before selling your old vehicle to one of these businesses, it is recommended to become familiar with the types of valuable metals found within your car so that you are more aware of the potential cash return you are entitled to receive.

Where to Get a Free Junk Car Quote in Indianapolis

Call Indianapolis Cash for Cars division 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.

What You Can Do With Your Cash for Cars Profit

Did you know that you can sell your junk car to a Cash for Cars company and make an instant profit? That’s right! You don’t have to stress over the schematics of arranging transportation, haul away service, paperwork, or anything else. All you have to do is choose the right junk car buyer and then decide what you will spend your cash on!

No clue what you can do with the money you make from a junk car? Well, by learning how junk cars are appraised, you can better understand how much you can expect to earn. From there, you can make plans on future purchases that fit within your predicted budget.

Continue reading for these kinds of junk car facts and more!

Indianapolis Junk Car Buyers
Sell Us Your Junk Vehicle for Instant Cash 317-450-3721

How Junk Car Value is Calculated

Although junk car buyers accept all motorized vehicles and equipment in any condition, regardless of age, make, or model, there are still several factors that influence the total amount of money you can expect to be offered for your junk car. The top four factors include the car’s age, condition, and location, as well as, the current market value for scrap metal. Once these factors are assessed, the junk car company can provide an offer.

To make more from selling a junk car, be sure to choose a company that can provide free pickup and towing. Otherwise, this fee is deducted from your total offer. Another way to make more from a junk car is to have it dismantled, and then sell each operative part individually. However, this can be less lucrative if you must pay someone to dismantle the vehicle.

You can expect to earn anywhere from $75 to $500 or more, depending on the above-mentioned factors. For instance, a 2017 Dodge Durango with flood damage is worth more than an empty chassis from a 1995 Toyota. By choosing a reputable and experienced Cash for Cars Company, you can feel confident that you will be offered a fair estimate for your junk car.

How to Spend Your Profit

Here are some great ideas for putting that junk car cash to good use:

☑ Donate to charity
☑ Buy new auto parts
☑ Put a down payment on a car
☑ Invest in stock
☑ Take a class
☑ Host a party
☑ Buy some gold
☑ Adopt a new pet
☑ Go on a trip
☑ Plan a fancy dinner for 2
☑ Book a spa day
☑ Go to the casino
☑ Buy lottery tickets

Where to Sell a Junk Car in Indianapolis

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.

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!

How Much is My Junk Car Worth?

The process of determining how much a junk car is worth can be complicated since values vary depending on several factors. The 4 primary factors include the make and model of a vehicle, a vehicle’s location, a vehicle’s condition, and the current market prices for metal. This means that your friend’s junk car might be worth more or less than yours. Continue reading to learn how these 4 primary factors determine the worth of a junk vehicle, and how professional junk car buyers use these factors to appraise them.

Cash for Cars Indianapolis 317-450-3721

Cash for Cars Indianapolis 317-450-3721

Junk Car Appraisals

Professional junk car buying companies do not use a concrete formula to appraise junk vehicles. If it were possible to do so, they would, but the variables that influence the worth of junk cars continually fluctuate. Most often, appraisers will use all the factors surrounding junk cars and metal prices to determine how much a car is worth and how much they can pay someone for it. This includes the current market price for the same vehicle, the amount of depreciation in its used condition, the cost of repairs or replacements needed to get the vehicle back into a working condition, the make and model of the vehicle, the vehicle’s location, its present overall condition, the current market prices for scrap metal, and much more. This is why the value of one junk car is almost always different from another.

4 Primary Factors

Make and Model – The make and model of a vehicle is a significant factor in its overall value as a junk car. Many newer model vehicles are lighter-weight, and designed toward fuel efficiency and eco-friendliness, which means they tend to have less metal and more plastic. On the other hand, older models tend to have parts that are less valuable because many older vehicles coming off the road are in their last stages of life, rather than in need of a part replacement.

Location – Different locations have different demands in terms of junk car buying and selling. If you live in an area where the scrap metal business is good, the regional price of scrap metal is likely better, which means you can receive more for your junk car. Also, some areas have higher demands for certain types of junk vehicles, which could also influence how much you can get for it.

Condition – A vehicle that is still running may not be a junked vehicle, but it can still be sold to a salvage yard for a good price. A vehicle that is old, rusted, and missing most of its parts is worth less than a vehicle that still retains most of its parts, including valuable ones like catalytic converters. Catalytic converters contain platinum, which is very valuable. A car with a catalytic converter intact is worth more than a junk car without one. Basically, the more metal it has, the more valuable it is; and if it is still running, it is even more valuable.

Scrap Metal Prices – The current price for scrap metal is the most important and influential factor in determining the worth of a junk vehicle. When the price of metal is down, a junk car is worth less; and when the price of metal is up, a junk car is worth more.

Indianapolis Cash for Cars

Call Indianapolis Cash for Cars at 317-450-3721 to sell a junk car for cash on the spot in Indiana. We pay the highest imbursements for all make and model junk cars, trucks, boats, tractors, and more. Our junk car buyers accept anything motorized or that runs on fuel. The process is simple and starts with a quick phone call. Dial 317-450-3721 and request a free quote for your junk car in Indianapolis, today.

Is Your Car Junked?

Cash for Cars Indianapolis 317-450-3721

Cash for Cars Indianapolis 317-450-3721

Vehicles are sturdy, but they are also prone to damage. Although most complications that occur with our vehicles are repairable, sometimes the price to repair your car exceeds your car’s total value. In this case, it makes more sense to junk your car than to pay to repair it. Even if the price to repair your vehicle does not exceed its total value, if you foresee the need for future repairs, it may not be worth your while to continue to invest in your ride. In this case, you would also be better off taking your car to an auto
salvage yard!

Indianapolis Cash For Cars Pays Cash On the Spot for Junk Vehicles!

There’s no need to hide your junk vehicle in the back of your property, under a tarp, or in a garage for decades to come. Make some room yourself, and some money as well, by selling your junk vehicle to Indianapolis Cash for Cars instead! We are a family-owned and operated business that has served the Hoosier communities for 90 years. Our successful cash for cars division is conveniently located on Mickley Avenue, so we are easy to find and not too far away! And since our company was founded on old-fashioned values like integrity and respect, you can trust that we pay out the fairest rates for scrap metal and junk cars in Indianapolis. But aside from junk vehicles, we also accept all other forms of motorized commodities!

We Accept:

• Cars
• Trucks
• Sports Utility Vehicles (SUV’s)
• Vans
• Box Trucks
• Utility Trucks
• Semis
• Limousines
• Dozers
• Fork Lifts
• Construction Equipment
• And More!

Indianapolis Junk Car Buyers

Junk Car Buyers 317-450-3721

Junk Car Buyers 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! Call 317-450-3721 to speak with our professional Indianapolis junk car buyers, today.

3 Reasons Why You Should Sell a Junk Car

Sell a Junk Vehicle 317-450-3721

Sell a Junk Vehicle 317-450-3721

Do you have an old, beat-up car? Or maybe one that is wrecked or inoperable? Perhaps you have a “fixer-upper” that doesn’t seem to have a realistic completion date? If so, how long are you going to let it take up valuable space before doing something about it? Even if your junk car is nothing more than rusted scrap metal, you can still make a quick profit by selling it to the right buyers. This includes scrap metal recycling centers, junk car buyers, used auto body shops, and junk yards. In fact, there are three good reasons why you should sell your junk car as soon as possible.

❶ You Get Instant Cash

The number one reason why you should sell your junk vehicle is for the cash. And not just cash, but cash on the spot. This means there is no waiting for a check in the mail or a payment to process. You will walk out of the door with cash-in-hand, regardless of your vehicle’s condition. But keep in mind that returns are based on current economic values of metal, as well as several other factors, including the size and condition of your car.

❷ It’s Good for the Environment

When you sell your junk car, you are helping the environment and supporting ecological preservation at the same time. Stagnant old cars be a safety and health concern since they can leak hazardous chemicals into the ground. These chemicals can enter the soil and eventually our drinking water supplies, harming our health and everything in our surrounding ecosystem. Also, when junk cars are bought, they are reused for their parts, which are refurbished and resold, as well as their metal. This reduces both the need to mine for steel and manufacture new auto parts. Less mining and manufacturing also means less pollution and coal consumption.

❸ It Gets Unsafe Vehicles Off the Road

Selling junk vehicles gets risky or troubled cars off the road, making it safer for drivers and passengers alike. Also, malfunctioning cars produce more harmful emissions, which is bad for the environment. By selling a junk car to a reputable buyer, you are assured that it will not be improperly handled and/or sold back to another driver under scandalous circumstances.

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 to sell a junk car for the best price in town. We offer the highest imbursements in town for running and junked vehicles, including cars, trucks, boats, bulldozers, forklifts, water crafts, and more! We are the family owned and operated cash for cars lot to trust for outstanding service and fast cash! Call 317-450-3721 to speak with a friendly and honest junk car buyer in Indianapolis, Indiana today.

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!

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.