In just a few months, the year 2021 will have come to pass. In that time, we’ve seen many changes in the world of cars and car ownership. As new models are introduced into the market, what does this mean for your old junker? How much can you expect to get from scrapping it?
1. You will Get Better Prices if your Car is in Drivable Condition
Generally, it’s a truism that the closer your car is to drive down the street and not fall apart, the more money you will be able to get from a junk car operator who buys scrap cars for scrap. This is because they have to pay people who work exclusively in disposing of vehicles. The reality, though, is that they are not in the business of disposing of vehicles. They are in the business of recycling them for their most valuable components, scrap metal.
2. Get More if your Car has Salvageable Parts
There are certain parts on your car that you can remove and resell to a salvage yard. Items like the catalytic converter, stereo system, tires, wheels, battery, bumpers are all items that have a value attached to them. A reputable dealer who buys scrap cars will offer high scrap car prices if these items haven’t been removed. Assuming they are still working, of course.
3. Never Accept the Price if it comes with a Condition
You can’t expect to get money for your old clunker if you only ask the price of a new car. Some people who buy scrap cars will throw in almost anything deemed salvageable with the sale to help them find homes for these items. Items like damaged bumpers, fog lights, stereos that don’t work, and windshield wipers that don’t work, just to name a few. Don’t waste your time with people who buy scrap cars that offer you scrap car prices under market value for your car.
4. Make Sure You Get a Signed Agreement
One of the most important things you will need is proof that the person who buys scrap cars for cash signed an agreement with them. This is to protect you from possible claims of fraud and theft they may file in the future. If they try filing such a claim, then they cannot produce any proof that proves ownership of the vehicle, i.e., the signed agreement.
We can’t say how much your car is worth in 2021 because scrap car prices are very prone to drastic changes. But what we can say is that this will be the best time to sell your scrap car if you take advantage of all these tips that we have outlined for you here today.
If you need to sell your junk vehicle, contact us at IBJV today!