Monthly Archives: April 2020

Scrap Prices for Junk Cars in Louisville

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Determining the right price for a junk car in Louisville is not as clear cut as you would want it to be. There are several factors and variables that determine the ultimate and overall value of a junk vehicle. If you have junk cars, trucks, tractors, or motorized equipment to get rid of, it is in your best interest to learn how they might be valued by the market and by the buyer. This knowledge will help you distinguish the fair offers from the shoddy ones.

Continue reading to learn about scrap prices for junk cars in Louisville, Kentucky, including where to find the most reputable junk car buyer near you.

Louisville Junk Car Buyers
Louisville Junk Car Buyers 502-804-5605

Scrap Metal Market and Demand

Junk cars are typically sold by the ton. For this reason, most junk car companies base their offers on bulk metal rates by following the current market values for common metals found in cars. See our blog, “Does Weight Determine Scrap Value?” to learn valuable information regarding junk car weight and profit ratios.

Depending on the current market values for metal, the amount of money earned from certain auto parts will vary. Whole junk cars can profit owners anywhere from $100 to $1000, depending on the condition of the vehicle, the make and model, and various other factors; including current metal rates. Individual parts, like functional catalytic converters, are known to sell for anywhere from $50 to $150 or more, depending on the above factors as well.

In addition to market values for metal, other factors will influence its total worth, such as the age, make, model, and condition of parts. Other blogs that will help you understand junk car values include, “National and International Factors That Affect the Price of Steel” and “3 Reasons Why a Car is Never Wasted.”

Find a Certified Junk Car Buyer

Reputable and experienced junk car companies typically retain advanced technological equipment, such as electronic platform scales and XFR analyzers, which read the type of metal in a vehicle, and the quantities present. They will also look up the make and model vehicle to determine the specific percentage of metals and non-metals, then implement the proper mathematical calculations to remove the non-metal percentage from the final quote.

Top-Rated Junk Car Buyers in Louisville

Call GC’s Junk Cars at 502-804-5605 to sell your junk car for cash on the spot in Louisville, Kentucky. We are your easiest solution to getting rid of junk and bulking up your wallet, all at the same time! Our experienced and knowledgeable junk car buyers purchase all motor vehicles, regardless of age, make, model, or condition. They don’t even have to run or have all their parts! We will pay you CASH ON THE SPOT for your junk car no matter the state it is in. Call for a free quote, today.

Louisville Junk Car Buyers 502-804-5605
Louisville Junk Car Buyers 502-804-5605

Will I Make More Money if I Part Out My Junk Car?

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There is more than one way to sell a junk car. Primarily, you can choose to sell it privately, under the table, or you can sell it directly to a local cash for cars company. Regardless of the route you choose, your number one priority should be to make the most money. How can you do this? Well, many feel strongly that parting out a junk car piece by piece will confer a higher ROI; but this might not be true for everyone. In most cases, in fact, sellers make more money when they sell their junk car whole.

Continue reading to learn the pros and cons of parting out and junk car, compared to selling it as is.

Louisville Junk Car Buyers 502-804-5605
Louisville Junk Car Buyers 502-804-5605

Parting Out a Junk Car

Although it is possible to make more money by selling each individual part of a junk car rather than selling it whole, most of the time this is not the case. Those who have an advantage in terms of parting out a junk car are those who have training and knowledge of automotive mechanics, or who retain connections with people who are formally trained mechanics.

That is because these people do not have to pay for the labor required to dismantle a junk vehicle. If you hire a licensed mechanic to do the job, you can expect to pay more for their service than what you would make overall from selling your junk car whole. Furthermore, many of the auto parts in a junk vehicle might not even be refurbish-able or re-sellable, making it moot to take the time to dismantle them piece by piece.

Unless you can get your junk car dismantled for free, you are wasting your time trying to part it our for a higher profit. For those who are not mechanics, nor have a mechanic that will work for free, the best course of action is to sell a junk car whole to a local junk car buyer. This option will render the most money, while also maintaining simplicity and convenience.

Selling a Junk Car Whole

When you sell your junk car as a whole, you can expect to get paid immediately, which is not the case if you were to dismantle it and sell off the parts individually. Also, you can expect certain amenities that make the process easier, like free pickup and haul-away, cash payments, and modern technologies that accurately confirm the true scrap value of your junk car. All of this keeps money in your pocket.

How to Get Started in Louisville

Call GC’s Junk Cars at 502-804-5605 to sell a junk car for cash on the spot in Louisville, Kentucky. Not only do we accept all vehicles, regardless of age, make, model, and condition, we also payout the highest returns for junk vehicles in Kentucky. Just accept our offer and we will come pick up your junk car! Contact us today to request a free estimate!

Louisville Junk Car Buyers 502-804-5605
Louisville Junk Car Buyers 502-804-5605