Will Keeping My Totaled Car Reduce My Insurance Claim Payout?

Posted on August 25, 2020 by gcsjunk

After totaling a car, your thoughts are likely all over the place. From medical attention and financial responsibilities, to time of work, kids, family, and more, the aftermath of wrecking a car can be quite overwhelming. But the one thing you should not have to concern yourself with is your automotive insurance claim. When you signed your policy, you agreed to a specific pecuniary procedure in the case that your car is deemed a total loss after an accident or damage.

So, when you are considering the possibility of keeping your car after you total it, your insurance carrier should already have a plan for that option. However, keep in mind that there could be some financial disadvantages to doing so. Furthermore, it might not be an option at all depending on your particular insurance policy limits and restrictions.

Continue reading to learn more about keeping a totaled car and what it could mean in terms of collecting a payout through an automotive insurance claim.

What You Need to Know About Car Insurance Claims and Total Loss Vehicles

In standard automotive insurance policies, if a claimant with full coverage wrecks their vehicle, the insurance company will provide payment to repair the damages. If the insurance company decides that a claimant’s car is totaled, they will officially deem it a total loss, which means the cost to repair the damages exceeds the current cash value of the vehicle. In this case, the claimant with full coverage will receive a payout for its value, minus depreciation. In some cases, an insurance policy does not allow a claimant to keep a totaled car at all, and must physically surrender it to them prior to receiving a check.

If you wish to keep your totaled car, the first question you might have is, “Will I get paid less for it?” The answer is an unequivocal and resounding yes. This makes sense, otherwise insurance companies would have to operate on an entirely different business model. How much less you get from your insurance company will depend on several factors, which you will have to read in the fine print of your policy. Most often, it is at least 50% less, which is a significant deduction.

Where to Sell a Totaled Car in Louisville, Kentucky

Call GC’s Junk Cars at 502-804-5605 to sell a junk car in Louisville and its surrounding counties, today! We accept all make and model vehicles, regardless of age or condition! There is never a middleman, which means you walk away with more cash in your pocket. Furthermore, we will dispose of your vehicle according to all Kentucky EPA regulations. You can rest assured that your car will not have a negative impact on our environment. We also offer free towing haul away!

How to Get Rid of Old Farm Equipment in Louisville Kentucky

Posted on August 14, 2020 by gcsjunk

Whether you procured some country acreage in the Greater Louisville areas, or you are the proud hoarder of old and antiquated farming equipment, you are in a good position to make some instant cash for junk farm machinery like tractors, columbines, and more. How? The answer will make you want to get rid of your old farm equipment today!

Continue reading to learn how to get rid of old farming equipment free of charge in Louisville, Kentucky.

We Buy Junk Farm Equipment in Louisville! 502-804-5605

Locate a Reputable Junk Car Buyer

Yes, we said junk car buyer. But that’s because the truly reputable and established junk car buying professionals will accept more than just vehicles! They will gladly accept anything that ran or runs on fuel, including several types of farming equipment. Yes, we said buyer. That means they will actually pay YOU to get rid of your junk farming equipment. Here is a list of the most sought-after farming equipment in the auto salvage and metal recycling industry:

🚜 Plows
🚜 Combines
🚜 Tractors
🚜 Mowers
🚜 Trailers
🚜 Shredders
🚜 Reapers
🚜 Reaper-Binders
🚜 Hog Oilers
🚜 Metal Containers
🚜 Engines
🚜 Flails
🚜 Threshing Machines
🚜 Winnowing Machines
🚜 Drag Harrows
🚜 Tubular/Plate Steel

If you have any of these commodities, you are in luck! You can sell them to a local and reputable junk car buying company for an instant cash payment! However, there is a catch. You must choose a licensed and experienced Louisville Cash for Cars Company who can provide full and fair payouts, as well as, several other customer conveniences, such as free haul-away!

Louisville Kentucky Junk Farm Equipment Buyers You Can Trust

Call GC’s Junk Cars at 502-804-5605 to sell junk farming equipment in Louisville and its surrounding counties, today! We accept all types of farm equipment, regardless of age or condition. There is never a middleman, which means you walk away with more cash in your pocket. Furthermore, we will dispose of your junk according to all Kentucky EPA regulations. You can rest assured that your old tractor or drag harrow will not have a negative impact on our environment! We also offer free towing haul away!

Tips for Making the Most Money From Selling a Junk Car

Posted on July 29, 2020 by gcsjunk

Just because you have a junk car that is no good to you anymore, shouldn’t continue letting it go to waste. That’s because a junk car, even a totaled or antique car, is worth money. Actual cash money. That is, if you find the right type of junk car buyer. There are two primary options for selling a junk vehicle. The option you choose will depend on your personal preference and available resources, and render a different profit level.

Continue reading to learn your options for making the most money from your junk commodity.

Sell it Part For Part

If you want to make the highest level of profit possible for your junk car, you can choose to sell it part for part. However, you will need a true car mechanic that has the tools and knowledge to disassemble your vehicle, piece by piece, without jeopardizing their value or performance level. They will need to start by inspecting the vehicle to determine which parts are still functional and which are junked. Then they must take it apart while preserving each piece.

The downside is that you likely have to pay a mechanic to do this, which takes away from your total profit. Furthermore, you would have to take the time to post each part for sale, as well as, manage each individual transaction yourself. This is time-consuming and somewhat inconvenient. For others, this is a fun and exciting project that is totally possible to accomplish. It all depends on your personal preference, resources, and availability.

Sell it as One

The most common way to make a profit from a junk vehicle is to sell it as a whole. Although you make less than selling it part for part, it is the preferred method for a reason. Not only is this much easier and more convenient, it saves a lot of time while still rendering a decent profit. It is important to find the right buyer if you want to make as much as you can from selling your entire junk car.

Find a junk car buyer who has the technologies capable of assessing the true value of your vehicle. Electronic platform scales are something you want to look for in a junk car buyer. These buyers usually pay cash on the spot, and will even pick up your car for free. Just be sure to ask which amenities they offer, how much they are willing to pay you for your vehicle, and how soon they can do business.

How to Sell a Junk Car in Louisville, Kentucky

Call GC’s Junk Cars at 502-804-5605 to sell a junk car in Louisville and its surrounding counties, today! We accept all make and model vehicles, regardless of age or condition! There is never a middleman, which means you walk away with more cash in your pocket. Furthermore, we will dispose of your vehicle according to all Kentucky EPA regulations. You can rest assured that your car will not have a negative impact on our environment. We also offer free towing haul away!

How to Prevent Major Engine Repair or Replacement

Posted on July 17, 2020 by gcsjunk

A car’s engine is the heart of your vehicle. Just like ours, it requires regular care and maintenance to sustain and protect its well-being. If you are a car or truck owner, be sure to learn about car engine maintenance and care to increase your engine’s lifespan and performance value Taking care of a car engine has endless benefits, and can reduce the likeliness of breakdowns and needed repairs. If you are unsure about your car engine’s status of health, you may need to step up your auto care game. If you end up at the repair shop with a hefty engine replacement bill, your car might be deemed a total loss by your insurance company if it is old or already in poor condition.

Continue reading to learn what you need to do to protect your car engine from experiencing major damages and malfunctions, as well as, what you can do with your broken car engine to make up for the cost of engine replacement.

Routine Car Engine Maintenance

There are more than 40 parts in a car engine that require maintenance and care in order to survive. This is why it is important to have your vehicle inspected every year by a professional, because they are trained to routinely inspect these areas and spot vulnerabilities. That way, you don’t have to worry about missing something when it comes to caring for your vehicle’s engine. On the other hand, there are other things you can do as a car owner to maintenance and service your engine.

Changing the car engine oil is one of the biggest factors in engine care. The engine’s oil should be checked every few weeks, especially before long road trips. You can do this on your own, or have a professional check it during routine auto inspections. Keeping a proper supply and level of engine oil in your car is crucial to the vehicle’s performance, as well as, your safety Think of your car engine oil as the vehicle’s vitamins and nutrients; because it needs fresh and clean oil to survive.

Auto Tune Ups

In between the 80,000 and 100,000 mile marker, it is recommended to have your car engine tuned. Auto tune ups involve a series of services that will refresh and restore a vehicle’s engine. These services involve inspecting parts, such as spark plugs, filters, fuel injectors, and more. An auto tune-up is a great way to restore your car engine’s health, and reduce costly car engine repairs and replacements. If your check engine light is on, it is time for an auto tune up. In other cases, certain signs will let you know you need a car tune up. If it seems like the car’s acceleration power is decreasing, or you hear a knocking sound when you drive, it could be time for a tune-up.

Forced to Replace Your Broken Car Engine?

If your car engine takes a turn for the worst, and you have to replace it with a new one, the cost can be quite alarming. In many cases, the cost of a brand new motor is higher than the actual worth of the vehicle. When this happens, a car is considered a total loss. You can either take your insurance payout, or you can sell it to a local Louisville junk car buyer. In fact, if you simply need engine replacement, you can sell them your old car engine, regardless of its condition, and still make instant cash from it.

How to Sell a Junk Car or Car Part in Louisville, Kentucky

Call GC’s Junk Cars at 502-804-5605 if you have a junk car or broken car engine to sell in Louisville and its surrounding areas. Not only do we accept all vehicles, regardless of age, make, model, and condition, our Louisville Kentucky cash for cars company 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!

Facts About the Precious Metals in Junk Cars

Posted on June 17, 2020 by gcsjunk

When it comes to automobile manufacturing, anyone can safely assume that steel, rubber, fiberglass, and other common materials will be incorporated into the design. However, many are unaware that cars can also contain metals that are rare and high in economic value. These are called precious metals, and they make even totaled and junked cars worth something in cash.

In fact, continue reading to learn the need-to-know facts about precious metals in junk cars, and where you can get the highest offer for yours in Kentucky.

Automotive Precious Metals

As mentioned, a precious metal is one that is rare, naturally-occurring, and therefore, high in economic value. You are familiar with gold and silver, but there are actually many different precious metals. As for cars, the most commonly used precious metals include platinum, gold, palladium, and sometimes small quantities of silver.

Platinum and Palladium

In the last 3 decades, any car, truck, or SUV that has been manufactured to run on gasoline will contain platinum. That is because all cars made within the last 30 years have a catalytic converter, which converts toxic fumes and materials produced by burning fuel, into safer emissions. The catalyst of a standard catalytic converter is made from a ceramic material that is lined with platinum. The actual quantity of platinum used in a catalytic converter varies depending on the size, make, and model of the vehicle.

As for palladium, you can sometimes find it in vehicles that have been manufactured very recently. Many automobile manufacturers are replacing the lining of the inner catalytic converter catalyst with a palladium alloy made with rhodium and platinum. So, newer model vehicles might have more palladium than platinum.

Silver and Gold

Any vehicle that contains systems that utilize a computer will likely contain small traces of silver or gold, or both. Automotive computers are manufactured with circuit boards that contain gold or silver plated fingers. Such systems include GPS, DVD players, stereo systems, anti-lock brakes, and more.

Where to Get the Best Deal for a Junk Car in Kentucky

Call GC’s Junk Cars at 502-804-5605 if you want to sell your junk car in Louisville and its surrounding areas. 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! No title? No problem! Contact us today to request a free estimate.

Lucrative Options and Uses for Junk Cars

Posted on May 26, 2020 by gcsjunk

One of the most obvious reasons people want to get rid of a junk car is for convenience; however, a more common reason is for sheer profitability. A person can sell a junk vehicle for cash, or disassemble the parts and sell them piece by piece for a higher profit. There are so many salvageable parts on a scrap car, that a person can sell these parts for cash and make more money than selling the car as a whole.

There are several options when it comes to selling a junk car for cash. Depending on the status and conditional state of the vehicle, the cash value with always vary. The better condition the car is in, the more money it is worth. Also, if a car still retains the valuable components, such as a catalytic converter and engine, then it is worth even more.

Continue reading to learn all the best and most lucrative options for those who own junk cars, including where to sell and how to get started.

Sell a Junk Car to a Professional Scrap Yard

The best place to start if you wish to sell a junk car for cash is a scrap metal yard. Scrap metal companies buy junk vehicles and break them down into more valuable parts. They retain the appropriate equipment, machinery, and tools to quickly disassemble a car and recycle the metal that is inside. You can make more money at these scrap yards if you take apart the junk vehicle yourself, then sell each individual component for cash. The reason you will get less money for a whole junk car is that the company has to use time and effort to strip down a vehicle themselves.

Scrap metal yards will certainly give you a higher cash return for your junk vehicle than a regular person who’s found your ad in the paper. Scrap metal companies know and understand the worth of certain metals with automobiles and retain the finances to purchase large inventories of scrap vehicles for recycling purposes. They also make the process easier for the client because they generally offer pickup and towing services for free. This way you do not even have to leave your house to sell a junk car to a scrap metal recycling company. Before selling your old vehicle to one of these businesses, it is recommended to become familiar with the types of valuable metals found within your car so that you are more aware of the potential cash return you are entitled to receive.

Spare Parts and More

One great option is to simply keep your old car in case you need to replace a worn-out part in your current vehicle. Using old car parts as spare or backup parts is a great way to save money and be resourceful at the same time! Buying new car parts can be costly and time consuming. Using a spare part saves cash so long as you can find a person to install it for a fair price. This is a great way to put your old car to use while saving money too.

Another option for old junk vehicles is to use them for art or other fun commodities. Many artistic people like to take regular items and turn them into fun and useful things. For instance, old car parts can be constructed to form beautiful modern and creative art, or even refurbished into household items like towel racks and mantles.

Where to Sell a Junk Car in Louisville, Kentucky for the Most Cash

Call GC’s Junk Cars at 502-804-5605 to sell junk cars in Louisville and its surrounding areas. 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!

Scrap Prices for Junk Cars in Louisville

Posted on April 24, 2020 by gcsjunk

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.

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.

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

Posted on April 8, 2020 by gcsjunk

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.

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!

What to Take Out of Your Junk Car Before Scrapping It

Posted on March 25, 2020 by gcsjunk

When you decide to sell your junk car to a local scrap yard, there is not much for you to do other than contact the company, accept their offer, and schedule a time to complete the transaction. However, the simplicity of the junk car process does not prevent forgetfulness. Many people neglect to remove their personal belongings and other non-factory items before selling it, which can lead to some major disappointment, as well as extra hassle for the junk car buying company.

So, before you junk your car, it is important to remove certain items that you may have overlooked. Continue reading to find out what they are, and who to trust for honest junk car sales near you.

Personal Belongings

Remove all of your personal belongings from your junk car before it goes to the scrap yard. This might include everything from clothing and laptops, to briefcases, bags, CD’s, sports equipment, car seats, window shades, mobile phone holders, garage door openers, clip-on mirrors, blankets, drink cups, and even garbage. If it belongs inside your house, office, or garage, it should be removed from your junk car.

Plates

It is wise to remove both the license plate and, if you have one, the front plate, before selling a junk car. In some cases, you might be required to return your state license plate to the DMV. However, this is rare. License plates and front plates are fun to keep because they are great for décor and art projects. Typically, all you need is a simple screwdriver to unscrew the screws or bolts holding the plate in place.

Aftermarket Equipment

If you purchased and installed any aftermarket equipment that can be reused or resold individually, such as GPS navigation, stereo system, CD changer, DVD player, or similar electronic, be sure to remove it before selling your junk car. You can reuse these electronics in your new car, or sell them to someone for an added profit.

Roadside Kits and Supplies

Many cars come with emergency roadside kits or supplies. Other times, drivers purchase their own tools for the job. Regardless of which resource you had on hands when driving, be sure to remove them before you sell a junk car. This includes jumper cables, windshield wipers, ice removers, motor oil, coolant, torque wrench, and more. If you can reuse it, take out your spare tire too.

Where to Sell a Junk Car in Kentucky for the Best Price

Does Junk Car Weight Determine Scrap Value?

Posted on March 4, 2020 by gcsjunk

When it makes more financial sense to haul your vehicle to the scrap yard rather than the auto repair shop, your vehicle has come to the end of its life, which means you now have a junk car on your hands. In this case, you would be wise to sell it to a local junk car buyer for an instant profit. Right now, scrap metal is a booming enterprise, as it helps to reduce our need to mine for new ores, thus preserving Earth’s natural resources and reducing harmful factory emissions produced by the metal refining process. This means that auto salvagers are eager to take junk cars and any other type of motorized bulk scrap off the hands of consumers.

So how much are junk car buyers willing to pay for such scrap? Then answer is not clear-cut. There are various factors that influence the total profit you can make from selling a junk car, one of which is weight. Continue below to learn how weight can affect your junk car quote, and who to trust for the highest payouts in Louisville.

Junk Car Worth

The total worth of a junk car will vary greatly among consumers, and also among buyers. Buyers can vary since some are really inexperienced and small, while some are more established and retain better technologies and resources to develop accurate estimates. Junk cars will vary in value because no junk car is the same; they are not the same in terms of condition, age, make, and model. For this reason, one junk car might be worth more than another. Keep this in mind when having your junk car evaluated.

Junk Car Condition

The first, and most influential factors used by scrappers to determine to worth of a junk vehicle is the condition of a car. Does it have all of its parts? Does it still run? Is it a new model? These questions and more will tell a junk car buyer the current market value of the vehicle, and so will certified resources like Kelly Blue Book. Once this value is determined, a junk car buyer will factor in the vehicle’s weight.

Junk Car Weight

The second most influential factor used to determine scrap value of a junk car is the metal market. The higher in demand a metal is, the more it is worth, whether per gram, ounce, pound, or ton. In turn, this means that the total weight of a vehicle, minus the weight of non-metal components, influences its scrap metal worth. The more metal there is in a junk car, the higher its value. Reputable junk car buying companies retain advanced technologies, such as electronic bulk weight scales, ride-on weight platforms, and XRF analyzers, to properly evaluate the quantity and type of metal in a junk car.

Get an Accurate Junk Car Estimate in Louisville

Call GC’s Junk Cars at 502-804-5605 to sell your junk car in Louisville and its surrounding areas. We make the junk car selling process simple and hassle-free for our clients by offering a wide range of amenities and freebies. Not only do we eliminate the “middle-man” since you are selling directly to a scrap yard, our company has an in-house tow truck that will come straight to you and haul away your junk car at no additional charge. All you have to do is pick up the phone, contact us, and accept our offer! Most of the time, we can even do SAME DAY BUSINESS!