Do you have an undrivable car cluttering up your garage, driveway, or yard? Salvage yards buy these kinds of vehicles every day. Here, you will learn how to figure approximately how much money you might expect to get for your unwanted car.

Sell Unwanted Cars for Cash

How Is a Salvaged Car’s Value Calculated?

The Kelley Blue Book® provides the comprehensive standard for figuring out what a used car is worth. Based on the car’s make, model, and year, KBB calculates its trade-in and retail values. Comparing these numbers to those found in other databases such as Edmunds and the National Automobile Dealers Association guide can help determine the car’s average market value. An insurance assessor uses a special formula to calculate a wrecked car’s salvage value based on a percentage of the market value. Ask your insurance company what percentage they use. Each company uses its own formula, but 75 or 80 percent is typical.

What Factors Affect a Junk Car’s Value?

In addition to those basic calculations, a salvaged car’s value can vary greatly due to many reasons. If the vehicle has upgrades, aftermarket modifications, or other “bells and whistles,” it might be more valuable. Cars that are older have a lot of mileage on them or have sustained significant damage in an accident will be worth less money than similar vehicles that don’t have those issues.

Why Sell Your Car to a Junkyard?

Salvage yards that sell junk cars generally know what types of vehicles are in demand with their buyers, and they often pay cash. Whether your vehicle has been totaled in a wreck or you simply don’t want to sink any more money into repairs, salvage yards offer a convenient way to get that unwanted car or truck off your hands without the hassle of searching for a buyer. If your car doesn’t run, the junkyard may be able to send someone to your location and pick it up. It couldn’t be easier to sell cars for cash!

Roadrunner Recycling in San Marcos, TX, specializes in car recycling and metal salvage. Their clean, safe facility makes it easy to dispose of scrap metal in an environmentally responsible way. To find out how you can sell your wrecked car in a salvage yard for as much as $10,000, call (512) 353-4511 to speak with their friendly staff, or visit them online.