Taking your car to a junk yard is one of the best ways to make some money off a car that you have deemed useless. Whether it's a car that's been sitting around for years not in use because it's not drivable or it's been in an accident that has totaled the car, you might consider taking it to your local junk yard today. Here are four tips to help you get the most money out of this:
- Don't Wait: If you know that your car is scraped, take it to a junk yard right away. The longer you wait, the less valuable the car becomes. This is because as parts become older, they start to deteriorate, thus making them unusable to the junk yard for recycling. On top of this, rust is likely to start occurring and you cannot recycle metal once it has rusted. There are many problems with deterioration that just lowers the value of a car tremendously.
- Understand Blue Book Value: Even though your car is likely in the worst condition possible, it still has a blue book value that you need to take into consideration. If you are offered significantly less than what the blue book value says, then you know you aren't getting a good deal.
- Remember that Scrap Prices are Different Than Salvage Prices: If you are simply scraping the car because there is nothing valuable other than the metal, then you're not going to get as much as you would if your car has other valuable components. So keep in mind that you should be getting much more for your car if you have certain valuables included, such as new tires, a working GPS system, an alternator, or anything else that is removable of value.
- Scrap Prices Can be Determined by Weight: To get the fairest price possible if you are just scraping your car, you are going to want to have it weighed. Weight will determine the price that your scrap car is worth. However, don't rely on this if you are trying to salvage the vehicle because you have valuable parts included. You can still weigh the car, but be sure that you will be paid more.
Utilizing these four tips ensures that you are making the most out of your junk car for what little it's still worth. This way, it's easier to buy a new car for you in the future.