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If you have a junk car, bringing it to an auto salvage yard, as opposed to letting it rust in your own, is good for both the environment and your wallet. Reputable companies are happy to pay customers for their unwanted vehicles, but how do they determine what price to offer? Below is a simple guide to how professionals appraise scrap cars.

Current Scrap Metal Prices

This is the primary factor in determining how much a junk car is worth. A vehicle is made up of many different types of metals, most of which are highly recyclable. If prices for scrap are high, you’ll receive a better offer. If they’re low, however, you should expect the estimate to reflect this, too.

The Car’s Condition

junk carA vehicle doesn’t need to be completely broken down to be brought to a scrap yard. In fact, if the parts are still in relatively good condition and the car itself runs, you’ll likely receive a better price. This makes it easier for the salvage experts to remove certain components and resell them as individual parts. In general, even if the car doesn’t run, you’ll get a higher offer if it still has most of its original components.

Make & Model

If the vehicle is newer, expect a lower price: Modern cars are often made with plastic pieces as opposed to metal. If it’s an older make and model, you’re likely to walk away with more cash.

 

Ready to trade in your junk car for cash? Contact the team at Phipps Auto Parts. They’re known for offering fair prices to their Goshen, OH-area customers, and they’re happy to come to you to pick up scrap metal. They’ve been serving residential and commercial clients alike since 1980. To learn more, call (513) 722-2034 or visit their website today.

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