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

Posted on June 26, 2020 by cashforcars

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

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.

Common Automotive Damages That Can Total a Car

Posted on April 27, 2020 by cashforcars

When it is time to have a vehicle repaired, one might have some anxiety about the amount of money it will take to get it fixed. This is especially true for those who know they are dealing with some major mechanical damages. In fact, there are some car repairs that are so major and intensive, they often cost more than what the car is actually worth. In this case, the vehicle would be deemed a total loss.

Continue reading to learn some of the most common automotive damages that total a car, as well as, how you can recoup some profit from a total loss vehicle.

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Engine Failure

There are all kinds of things that can go wrong in a car engine. From filters and head gaskets, to cylinder heads, timing belts, transmissions, and more, the list of possible mechanical breakdowns is long. Although many engine repairs are moderate or straightforward, such as spark plug replacement and tune-ups, there are others that can wreck a person’s budget, and even total the car altogether. Examples of engine failures that can total a car include engine replacement, major engine work, engine rebuilds, and ignition system replacement.

Frame Damage

In the case of a collision, a vehicle can sustain a massive amount of cosmetic and structural damage. When a car’s frame or chassis is damaged to the point that it requires a complete reset, the cost can be equivalent to buying another car. If the cost of repairing a damaged car frame or chassis exceeds the current resale value of a vehicle, the insurance company will deem it a total loss.

Fires and Floods

If a car catches fire, or is submerged in water for a period of time, the cost to repair it back to its original conditions prior to the fire or flood damage is typically astronomical. In fact, the cost is so high, the only time people really have their vehicle’s repaired after such damage is if it is a company vehicle needed for business, such as an ice cream truck or delivery truck, or it is a classic car or collectible. For standard vehicles, fire and flood damage will almost always render them totaled. See our blog, “Can I Sell a Car That Has Been Submerged in Water?” for more details regarding this topic.

Transmission Failures

Just like a car engine, the transmission is a critical system in which many mechanical issues can arise. In the case that a transmission needs to be replaced, the cost can sometimes exceed the current resale value of the vehicle. Similar transmission damages that can total a vehicle include major transmission work like rebuilds and replacements, as well as, driveline repair and differential repair.

How to Get Money Back for a Totaled Car in Indiana

You really can sell a totaled car in Indianapolis in as little as one day! Simply 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 Much is My Wrecked Car Worth?

Posted on March 31, 2020 by cashforcars

After your car is involved in a crash, your first thought might be to have it repaired. But if the total cost to repair your vehicle exceeds its actual market value, you might be better off taking the insurance check or selling it to a scrap yard. Continue reading to learn how much your wrecked car might be worth, and where you can sell it for cash on the spot.

Sell Us Your Wrecked Vehicle Today! 317-450-3721

Diminished Value in Cars

All vehicles begin to reduce in value as soon they are sold and driven off the lot, but the rate at which a vehicle diminishes in value depends on a wide range of factors. Often referred to as “diminution of value”, a vehicle’s diminished value is calculated by comparing the value of the car before the accident, to the value of the car after the accident. It is important to understand the difference between diminished value and depreciation, as they are not the same thing when it comes to cars. Depreciation refers to how much a car loses value over time.

There are three types of “diminution of value”, which include inherent, immediate, and repair-related. The most common type is inherent diminished value, but for car accidents, you will want to focus on immediate diminished value.

✅ Inherent Diminished Value – Loss of value as a result of damage over time.

✅ Immediate Diminished Value – Loss of value directly after damage occurs.

✅ Repair-Related Diminished Value – Loss of value following improper repairs.

How to Sell a Wrecked Car in Indianapolis

Earn fast cash for junk cars in Indianapolis by calling 317-450-3721 right now! You can reach a friendly office attendant 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! Request a free phone quote, today.

Environmental Benefits to Recycling a Junk Car

Posted on December 15, 2015 by cashforcars

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

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

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.