{"id":73,"date":"2019-06-28T14:03:22","date_gmt":"2019-06-28T14:03:22","guid":{"rendered":"https:\/\/www.gcsjunkcars.com\/blog\/?p=73"},"modified":"2019-06-28T14:03:22","modified_gmt":"2019-06-28T14:03:22","slug":"can-i-get-500-for-my-junk-car","status":"publish","type":"post","link":"https:\/\/www.gcsjunkcars.com\/blog\/can-i-get-500-for-my-junk-car\/","title":{"rendered":"Can I Get $500 For My Junk Car?"},"content":{"rendered":"\n

Probably not. A decade ago, you wouldn\u2019t 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.<\/p>\n\n\n\n

\"Louisville
Louisville Junk Car Buyers 502-804-5605<\/figcaption><\/figure>\n\n\n\n

Changes in Metal Prices<\/h1>\n\n\n\n

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

Take Steel for Example<\/h1>\n\n\n\n

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

Current Prices for Steel<\/h1>\n\n\n\n

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

Get the Best Deal for a Junk Car in Kentucky<\/strong><\/h2>\n\n\n\n

Call GC\u2019s Junk Cars at 502-804-5605<\/strong> if you want to sell a junk car in Louisville<\/a> 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.<\/p>\n\n\n\n

\"Louisville<\/figure><\/div>\n","protected":false},"excerpt":{"rendered":"

Probably not. A decade ago, you wouldn\u2019t 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 … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":75,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30,3,12],"tags":[47,24,48,4,16,49],"class_list":["post-73","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-junk-cars","category-louisville-junk-car-buyers","category-sell-a-junk-car","tag-juk-car-for-500","tag-junk-car-buyer-louisville","tag-junk-car-price","tag-louisville-junk-car-buyers","tag-sell-junk-car-without-title","tag-steel-prices"],"_links":{"self":[{"href":"https:\/\/www.gcsjunkcars.com\/blog\/wp-json\/wp\/v2\/posts\/73","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gcsjunkcars.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gcsjunkcars.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gcsjunkcars.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gcsjunkcars.com\/blog\/wp-json\/wp\/v2\/comments?post=73"}],"version-history":[{"count":1,"href":"https:\/\/www.gcsjunkcars.com\/blog\/wp-json\/wp\/v2\/posts\/73\/revisions"}],"predecessor-version":[{"id":76,"href":"https:\/\/www.gcsjunkcars.com\/blog\/wp-json\/wp\/v2\/posts\/73\/revisions\/76"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gcsjunkcars.com\/blog\/wp-json\/wp\/v2\/media\/75"}],"wp:attachment":[{"href":"https:\/\/www.gcsjunkcars.com\/blog\/wp-json\/wp\/v2\/media?parent=73"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gcsjunkcars.com\/blog\/wp-json\/wp\/v2\/categories?post=73"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gcsjunkcars.com\/blog\/wp-json\/wp\/v2\/tags?post=73"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}