Most Sought After Junk Cars of 2019

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Do you have a junk car that you want to get rid of? If so, check out this list of the most sought after make and model cars that local automotive salvage yards really want to buy right now! Don’t see your junk car on the list? No need to worry; even if your junk car is not listed as a top “sought-after” junk vehicle, a junk car buyer will still gladly take it off your hands! All junk cars can be sold, regardless of age, make, model, or condition.

In fact, after you review the list below, continue reading to learn how to get started with a free quote for your junk car!

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

Top Value Junk Cars of 2019

Here are some popular make and model vehicles that are currently on the “wanted list” in the junk car industry:

    ☑ BUICK LACROSSE
    ☑ CHEVROLET TRAILBLAZER
    ☑ DODGE DURANGO
    ☑ FORD F-150
    ☑ FORD MUSTANG
    ☑ FORD TAURUS
    ☑ HONDA ACCORD
    ☑ HONDA CIVIC
    ☑ HYUNDAI ACCENT
    ☑ JEEP GRAND CHEROKEE
    ☑ JEEP WRANGLER
    ☑ MITSUBISHI GALANT
    ☑ TOYOTA CAMRY
    ☑ TOYOTA COROLLA

Don’t see your junk car on the list above? It’s no problem! A local junk car buyer will still pay you cash on the spot for it, whether it runs or not. Just be sure to choose the right automotive salvage yard to do business with, otherwise, you can risk getting paid a dishonest or unfair payment.

So where can you find such a company in your town? Start with references, and then refer to your community’s business recommendation portals, online. But if you live in Kentucky, you can skip the hassle and call our trusted junk car buyers, directly!

Your Trusted Louisville Junk Car Buyers

Call GC’s Junk Cars at 502-804-5605 to sell a junk car in Louisville and its surrounding areas. Not only do we accept all vehicles, regardless of age, make, model, and condition, we pay the highest returns for junk vehicles in Kentucky, all in cash! 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.

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

National and International Factors That Affect the Price of Steel

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When it comes to the price of metal on the U.S. and global markets, the formulas are highly complex, and the factors that influence the changes and fluctuations are ever-changing themselves. However, after various on-going studies and research, the World Steel Association suggests that they know the top national and international factors that influence the value of market steel.

These factors should be important to you as someone who is interested in profiting off of scrap steel sales, or simply wishing to make some quick cash for a junk car or motorized equipment. By taking these factors into consideration, you can better predict how much you might profit from your scrap steel.

Continue reading to learn these factors, as well as, where to get the most money for metal recycling in Kentucky.

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

National Factors That Affect Steel Prices

As suggested by the World Steel Association and various other economic metal organizations, the top factors that influence how much steel is worth include the strength of the U.S. dollar, the current demand for steel (regardless of application or product), and trade tariffs (government price lists and guidelines on imports or exports).

International Factors That Affect Steel Prices

Another proposal made by the World Steel Association and various other economic metal organizations is that the price of steel is also greatly affected by certain global factors. The top international trading factors are suggested to include natural disasters, wars, serious political events, and most importantly, the general condition of the world economy.

Items That Contain the Most Steel

If you are looking for scrap steel to sell, your best bet is sheet metal or motorized commodities. Cars, trucks, vans, motorcycles, RV’s, bulldozers, forklifts, golf carts, tractors, and anything else that runs (or used to run) on fuel is going to have a lot of steel components. These items will get you the most steel, and therefore, a higher profit. Regardless of age, make, model, or condition, a scrap metal buyer will accept any motorized commodity.

Where to Sell Scrap Steel

If you are looking to make the most cash from selling your scrap steel, the metal market is not the most important factor, but rather, finding a reputable scrap metal recycling center to do business with. By choosing an established, experienced, and reputable scrap metal buyer in your town, you have a much better chance at recovering a full and fair payout for your scrap. Best of all, most professional scrap metal dealers will come through and collect your scrap for you, free of charge; unless you wish to visit the complex for weigh-ins and metal analysis.

The Kentucky Scrap Metal Buyer to Choose

Call GC’s Junk Cars at 502-804-5605 to sell a 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! Contact us today to request a free estimate!

Louisville Junk Car Buyers 502-804-5605

5 Things You Need To Do Before Selling a Junk Car

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If you have a junk car to sell, you are one lucky person! Junk cars are terrific sources of metal, which is 100% recyclable and can be reprocessed over and over again. And the demand metal-based automotive scrap makes your junk car a reliable financial asset, regardless of make, model, age, or condition! By selling your junk car, you are not only getting ready to make an attractive profit off of a piece of junk that has been taking up too much space for too long, you are also contributing to the preservation of our natural resources by supporting the metal recycling enterprise!

As you can see, selling a junk car is a wonderful and profitable venture; just be sure to take the proper additional steps before you hand over your asset for good. Continue reading to learn the 5 things you should do prior to handing off your junk car.

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

Follow These Steps Before Handing Over Your Junk Car:

❶ Find the Best Junk Car Buyer – Be sure to choose a reliable and reputable Louisville junk car buyer who has been in business for a long time. There are countless scammers and rookies in the industry that operate against best business ethics and moral practices, making them incapable of delivering the fairest payout for your junk car. Furthermore, choose a junk car company that cuts out the middleman, so you can put more cash in your pocket. Such companies have less overhead, which means they are equipped to pay more for junk vehicles.

Now that you have a junk car buyer you can trust for an honest and fair offer, here’s is what to do when you are awaiting for them to arrive and collect your junk car:

❷ Remove the License Plate – Be sure to remove your license plate. In some case, you might need to return your plate to the DMV. In other cases, they are nice to have for décor and art projects. Just don’t forget to remove it before the junk car tow truck shows up.

❸ Remove All Personal Belongings – Along with your license plate, be sure to remove all other personal items, including other plates, steering wheel covers, seat covers, middle consul items, paperwork, rear-view mirror décor, CD’s, cassette tapes, phone chargers, and anything else that belongs to you.

❹ Cancel Your Registration With the State – Remember to cancel your registration with the state. Do this as soon as you decide to accept the junk car buyer’s offer. Forgetting this step can lead to tedious and exasperating remedies, meaning a lot of phone calls, holding, and emails with the DMV.

❺ Remove the Car From Your Insurance Policy – After you cancel your registration, be sure your junk car is not being insured any longer. Contact your insurance company and have the vehicle removed from your policy as soon as you finish with the BMV.

Call Our Louisville Junk Car Buyers Today!

Call GC’s Junk Cars at 502-804-5605 if you have a junk car to sell 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!

Louisville Junk Car Buyers 502-804-5605

Can I Get $500 For My Junk Car?

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Probably not. A decade ago, you wouldn’t have had much trouble selling a junk car for a $500 payout, but times have changed, and there are many reasons why an auto salvage yard can no longer afford to pay $500 for a junk car. Continue reading to learn what influences the cash value of your junk car, as well as, how much you can expect to earn for yours in Louisville.

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

Changes in Metal Prices

The market is the ultimate decision-maker when it comes to the value of a junk car. Along with the current price of metal on the market, other factors, such as metal demand, import/export trade tariffs, the strength of the U.S. dollar, the strength of the Canadian dollar, and business overhead costs, all affect how much you can get for a junk car. Additional factors can include natural disasters, elections, political events, wars, and the general condition of the global economy.

Take Steel for Example

For instance, junk cars are primarily sought after for their steel, as steel is the majority of metal inside a vehicle. In 2014, the price of steel in the United States dropped from $400 per ton, to $300 per ton, and then dropped another $80 by the end of 2016. As a result, junk car companies could no longer afford to pay $500 for a junk car. In fact, it was just not financially possible. Not only does a junk car buyer pay you for your car, they must also pay for the car to be crushed, dismantled, and distributed. On top of this, they also have to cover their company overhead fees, like paying their employees, rent, taxes, and more.

Current Prices for Steel

The current price for #1 unprepared steel is $110.00 per ton, and #1 prepared steel is $150.00. At the beginning of this year, the price of steel dropped 0.16%, or 6 Yuan/MT. Furthermore, the 2018 steel tariffs had immediate effects on steel prices. Also, a brief surge in Chinese steel production also contributes to the price fluctuations.

Get the Best Deal for a Junk Car in Kentucky

Call GC’s Junk Cars at 502-804-5605 if you want to sell a 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.

Louisville Junk Car Buyers 502-804-5605

What You Need to Know About Auto Loans and Total Loss Cars

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If you are in the red with your car loan, you can add yourself to a long list of other car owners in Kentucky. It is not uncommon as you think to receive a low settlement check from your insurance provider when your auto loan vehicle is totaled. If you recently totaled your car, and you still owe money on your car loan, you may be in for a rude awakening. Likewise, if you already made a claim with your insurance company, and received a check that did not seem very fair, you may also be in for some bad news.

Continue reading to learn the most important points about auto loans and total loss cars, including what your options might be if you still owe on your loan or got a low settlement.

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

Actual Cash Value and GAP Coverage

When it comes to your automotive coverage, your vehicle is probably insured at “Actual Cash Value”, which estimates the value of your car at the time of loss. Such assessments consider depreciation, market value, and more. So, if you were not able to make at least a 20% down payment on your car, you should have been encouraged to opt for GAP insurance, which basically protects against the depreciation loss of a car that is more than the amount of money you owe a creditor on that car. This means if you had a GAP policy, it would pay the difference between what the car is worth and what you owe.

For example: you purchase a car with a 5 year automotive loan. After one year, you total the car. Your car is now worth less than what you still owe, and the insurance check you receive for the accident claim will not cover the amount you have left on the loan because the majority of the payments you’ve made over the last year went straight to interest, and the car depreciated significantly.

This situation happens every day to millions of car owners across the country. If this happens to you, your best option would be to forfeit your loss and consider GAP insurance coverage on your next vehicle purchase. If you have an old auto loan that you are still paying off after totaling a car, avoid combining it with a new auto loan. This is a setup for many problems. Furthermore, it is important to know that warranties are not covered in a total loss situation, so you will be obligated to fulfill your financial duty even though you are no longer have the car.

Where to Get Advice on Total Loss Cars

Call GC’s Junk Cars at 502-804-5605 if you have a totaled car in Louisville and its surrounding areas. Not only do we buy 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.

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

3 Reasons Why a Car is Never Wasted

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Whether you total a car, or have an old rusty chassis in the backyard shed, you might think your asset it wasted. But the truth is, they are indeed an asset, as they can be dismantled and sold for cash at your local scrap yard! Furthermore, cars are primarily made of metal constituents, and since metal can be recycled over and over, a vehicle is never wasted.

Continue reading to learn all the applications for junk cars in the automotive and metal reprocessing industry.

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

❶ Junk Car Parts

When a vehicle is junked, it still contains its useful parts; even if the most vital or valuable ones are missing or damaged. Some automotive parts can be restored, and then sold on the market as refurbished auto parts. Other parts are dismantled and separated into categories of metal. Different auto parts have different values, depending on their type of metal, the quantity of metal, and the current market prices for metal.

Although you can choose to dismantle a junk car on your own, either yourself or by hiring a private mechanic, but this can be tedious and expensive. However, selling individual scrap automotive parts is sometimes more profitable than selling a junk car as a whole.

❷ Metal Recycling

Another big industry that seeks out automotive scrap is the metal reprocessing industry. Metal recycling companies will accept junk vehicles regardless of condition. They generally dismantle them for their metal constituents, melt down the metals according to type, and then remold scrap metal into sheets, shapes, and other commodities for metal fabrication and construction applications. Such companies will accept scrap metal donations, including junk cars and motorized vehicles.

❸ Cash for Cars

One of the most promising ways to make sure your junk car doesn’t go to waste is to turn it into a profit! You can choose to sell your junk car as a whole to a local scrap yard or junk car buying company in your town. Many companies offer free pickup and haul away service, and some can even do business without a title. However, it is very easy to get taken advantage of in this industry. So be sure to choose a reputable and licensed Louisville junk car buyer to do business with.

Who Can You Trust for the Best Junk Car Offers in Louisville?

Call GC’s Junk Cars at 502-804-5605 if you have a junk car to sell 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!

Louisville Junk Car Buyers 502-804-5605

How to Get Paid for a Totaled Car

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Whether or not a vehicle is deemed a total loss depends on both the extent of damage and the overall value of the vehicle. Without using any confusing insurance legalese, a total loss vehicle is one that cannot be repaired and operated, safely. Basically, if the cost to repair a damaged car exceeds the actual value of the car, then it is totaled, and thus, a total loss.

Now then, if this has happened to you, there is no need to worry. There are plenty of opportunities to get paid for your totaled car. Continue reading to learn the top two most promising methods of doing just that!

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

Insurance

Your first option is to make a claim with your insurance carrier; that is, if the car is in fact, insured. In the case that you chalk your car up to the insurance company, you will likely receive a check for the current market value of your vehicle, minus depreciation rates and more. This will vary depending on the policy, carrier, vehicle model, and more.

An insurance adjuster will examine your car report once it is inspected by a mechanic, and determine how much your vehicle was worth before it was totaled. Of course, everyone’s insurance policies are different, so it is important to check firsthand with your carrier to learn the conditions and coverage of your policy. Collision may or may not be covered under yours.

No Insurance

For vehicles that are not insured or fully-covered under a policy, they can be sold, either privately or to a scrap yard. Local junk car buying companies are a good route to take since they pay cash on the spot and tend to haul away your car for free. Just be sure you choose a qualified and reputable business, and not one that is more the take-your-money and fly-by-the-night type.

Where to Get the Most for Junk Cars in Louisville

Call GC’s Junk Cars at 502-804-5605 if you wish to sell a junk car for cash 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!

Louisville Junk Car Buyers 502-804-5605

Tips on How to Make the Highest Profit for a Junk Car

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When it comes to selling a junk car for cash, or any other type of vehicle for that matter, be sure to know the right steps to get the most for your money.  It’s helpful to learn how to sell a junk car without getting into a bind, or making a bad deal.  Knowing your steps ahead of time can benefit your financial gain and your car selling experience tremendously. 

When it’s time to sell your junk car, rely on these tips to get the most cash!

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

Assess Your Vehicle

When you have finally decided to get rid of your junk car, you must first complete a brief assessment of the vehicle.  It is crucial to establish this analysis to determine the current status of your car. Once this is done, it is suggested to have the car assessed and inspected by a professional mechanic to more accurately distinguish the degree of value for your vehicle.  This is not mandatory, but it can give you a leg up on negotiating prices with a potential buyer.  This is because the better condition a car is in, the more money it’s worth.

Find a REPUTABLE Junk Car Buyer

Once your initial self-assessment is completed, it is time to start calling around to various junk car buying businesses. It is important to contact multiple businesses, even if they are not in your area. This type of research will give you an idea for the going rate of the junk vehicle you have and the condition it is in; then you can confidently distinguish between fair offers and potential scams.

Furthermore, there are particular things you want to look for when you call these companies.  Ask them about their towing policy. Do they tow junk cars for free?  Since most reputable junk car buyers offer free tows for junk cars, it could be a bad sign if they charge a fee to pick up your vehicle.  Also, check for licenses, certifications, references, websites, and online reviews, which can all help determine which company can offer the best deal and who can be trusted the most.

Locate Your Car Title

Last, you must find the car title to your junk car.  If you are not the title holder, then you may not be in position to sell the car at all. If you do not have the title but you are the owner of the vehicle, you must contact the local BMV for information on replacing or applying for a duplicate car title.  Most junk car removal companies and “cash for cars” services prefer to purchase junk cars with the title.  In some cases, junk car buyers don’t mind purchasing cars without titles. Don’t have a title? Read our blog, “How to Sell a Junk Car Without a Title” to learn what your options are

Sell Your Junk Car

Once the title is located, you are ready to sell your junk car.  From here, simply choose one of the companies you contacted earlier and schedule a pick up time for your car.  The tow technician will have you sign over the car title and then hand you the money.  They should be able to give you cash on the spot, but some companies hand out checks.  Once they leave with the signed title, you are no longer the legal owner of the vehicle.

Who Pays the Most for Junk Cars in Kentucky?

GC’s Junk Cars of Louisville!

Call GC’s Junk Cars at 502-804-5605 to sell a 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! Contact us today to request a free estimate!

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

Current Scrap Prices for Catalytic Converters

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Catalytic converters primarily manufactured from a precious metal called platinum, but can also contain several other precious metals, such as nickel, manganese, rhodium, palladium, and cerium. Precious metals are rare, naturally-occurring elements with high economic value, meaning they can render a decent profit on the market.

If you have junk vehicles, or scrap catalytic converters, you are sitting on a pile of profit! Although scrap metal prices and values change almost on a daily basis, any kind of asset containing precious metal will get you some fast cash at your local junk car buying business.

Continue reading to learn what the current scrap prices are for catalytic converters, and who to call for the highest offer in Kentucky.

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

Scrap Prices for Catalytic Converters:
(as of April 13th, 2019)

AC Cats = $63-$78/each

Aftermarket = $8/each

Bead = $25-$35/each

Diesel = $5.00-$40/each

Domestic = $51-$62/each

DPF = $15-$450/each

Ford = $68-$82/each

Ford Pre-Catalytic = $22-$28/each

Foreign Pre-Catalytic = $32-$45/each

Half Catalytic Converter= Varies

Large Chrysler = $78-$97/each

Large Foreign = $117-$250/each

Large GM = $88-$117/each

Large Wire = $36-$48/each

Medium Foreign = $105-$130/each

Pre-Domestic = $24-$34/each

Regular Breadloaf = $87-$100/each

Small Chrysler = $57-$71/each

Small Foreign = $82-$97/each

Small GM = $83-$97/each

Small Wire = $13-$17/each

Wire Pre-Catalytic Converter= $7-$12/each

Where to Sell Your Junk Car in Kentucky

Call GC’s Junk Cars at 502-804-5605 if you have a junk car to sell 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!

Louisville Junk Car Buyers 502-804-5605

Top 2 Precious Metals in Junk Cars

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Precious metals are naturally-occurring elements with high economic value. Common precious metals include gold, silver, platinum, titanium, tungsten, and cobalt. In the junk cars market, precious metals play an important role since they have higher economic value compared to the majority of metals found in cars, like steel and iron. If you have a junk car at your discretion to sell, you may just want to move forward with a deal while metal prices are good. That is because junk cars, although “scrap”, may still contain precious metals.

Continue reading to learn which precious metals are most common in automobiles, and how much you can expect to get for them in terms of a cash payout from a local junk car buyer.

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

💿 Platinum

Platinum is one of the most known and obvious precious metals in vehicles because of the catalytic converter. Catalytic converters are mostly comprised of this precious metal, but might also contain various others, such as palladium and, rhodium. Furthermore, catalytic converters retain other valuable metals, like ceramic, or even metal foil and shielding. Like all metal, platinum is priced by weight on the market, and changes depending on various influences, including changes in national and international economics. Right now, platinum is worth around $850 or so, depending on the grade.

But don’t think you are going to get $800 for just this piece alone, and then more for the scrap metal in your car; it doesn’t work that way. The reality is, a standard catalytic converter usually has between 3 and 7 grams of platinum group metals, which means that the average amount of platinum inside ranges between 0.10 and 0.24 ounces. So you can expect your catalytic converter to be worth between $80 and $100 or so.

📀 Gold

Gold is another common metal found in junk cars, especially if they are newer models. Gold-plated fingers in computer circuit boards are the first place scrappers look for gold in a junk car. Computer systems like GPS, airbag units, stereos, cameras, DVD players, and electrical systems, use computer boards that may contain gold; they may even contain silver and other precious metals too!

Right now, gold is worth around $1,300 per ounce. But do not expect to recover hundreds of dollars’ worth of gold in a single junk car; the average amount of gold per vehicle is around a few grams or so. Nonetheless, gold in junk cars still makes junk cars that much more valuable!

Sell a Junk Car Today!

GC’s Junk Cars Louisville Kentucky
GC’s Junk Cars Louisville Kentucky

Call GC’s Junk Cars at 502-804-5605 to sell a 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! Contact us today to request a free estimate!