Frequently Asked Questions About Junk Cars
The idea of selling a totaled or junked vehicle for instant cash can be a little confusing. You might be wondering how it’s all possible, whether or not your asset qualifies, and what you need to do to get started. From finding a trusted buyer to replacing a lost car title, our Louisville Cash for Cars Company has heard it all before. So for your convenience, we have listed some of the most frequently asked questions about junk car selling, below. Contact us anytime at 502-804-5605 to learn more facts about junk cars, including a free, personalized quote for yours.
How Much is My Junk Car Worth?
The worth of a junk car largely depends on the current scrap metal prices. For example, if the current price of ferrous metal is $150 per ton, a 2,000 vehicle would be worth around $150 or so. However, the worth of a junk car also depends on several other factors, such as the vehicle’s age, make, model, condition, whether it’s still operational or not, and more. 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. If you are wondering how much your junk car is worth, simply contact GC’s Junk Cars at 502-804-5605 to request a free, personalized quote!
Which Types of Vehicles Do You Buy?
Here at GC’s Junk Cars, we buy all make and model vehicles, regardless of age or condition. But that’s not all! We also accept motorcycles, boats, personal watercrafts, farming equipment, construction equipment, ATV’s, golf carts, scooters, mopeds, go-karts, dirt bikes, and much more. Basically, the general rule of thumb is that our Louisville junk car buyers will take anything that has (or had) a fuel-operated motor, whether it is still running or not. If you think about it, many things operate on fuel, making it easy to earn fast cash for your junk!
Do I Need to Be Present When You Pick Up My Car?
Whether or not you need to be present for the pickup depends mostly on the payment arrangement made. It is standard for us to pay cash on the spot for a vehicle, but if you call us with a special request, we may be able to work out an alternative payment arrangement with you, such as a money wire or mailed check. You can also pick up the money at a later time at our office. If you cannot be present at the pickup, just be sure to leave the appropriate paper work inside the vehicle.
What is a Total Loss Vehicle?
A total loss vehicle, also known as “totaled”, is one in which the cost to repair it back to the condition it was in before the accident is more than the market value of the vehicle before the accident. For instance, if your car is worth $7,000 on the current market, but after your accident, the total cost of repairs is estimated to be $8,400, then your car would be considered totaled. A vehicle can only be deemed a total loss by the insurance company. An insurance adjuster will come out to inspect the vehicle and determine whether or not it is totaled. If you want fast cash for your totaled car, just call GC’s Junk Cars at 317-608-2188 and receive your payment today!
Can I Keep a Totaled Car?
Yes, you can keep a totaled car, so long as you follow the proper laws and protocols for doing so, which mostly depend on whether or not the vehicle is insured. If you were to accept money from the insurance company, and then keep your vehicle, you could be found guilty of insurance fraud depending on the specifics of your situation. Some policies allow people to keep their totaled vehicle, while others include language that does not permit this at all. It is important to talk to your insurance provider and learn the details of what your policy covers and what it does not. Uninsured vehicles can simply be kept without having to do anything.
What is a Rebuilt Car Title?
A rebuilt car title is designated for vehicles that were previously branded a total loss, but then repaired back to a drivable condition. If repaired, the vehicle must pass a vigorous structural safety inspection before it can be legally operated. These are also known as “reconstructed” and “refurbished” titles. The label varies among jurisdiction.
Do I Need a Car Title to Sell a Junk Car?
Although having a title is not necessary, it does make a vehicle worth more because of the potential to resell. But a missing car title is nothing to worry about. You can replace a lost, stolen, or damaged car title by applying for a duplicate. If you looking for your title but can’t seem to find it, that’s not a problem with GC’s Junk Cars! Our junk car buyers may be able to verify ownership using alternative methods. Contact us today to find out!
How Do I Replace a Lost Car Title?
If your title is lost or destroyed, you will need to apply for a duplicate car title, which can be done in person at your local County Clerk's office, or by mail. Start by downloading the application for Kentucky Certificate of Title or Registration (Form TC 96-182)
, then fill it out and have the form officially notarized (you can do this at the County Clerk’s Office or at your local mailing station). Next, visit the Kentucky DMV website
to learn exactly what you need to do to complete the process. So long as you have all the proper documentation needed, the process should be fairly simple.
How Do I Sell a Junk Car in Louisville?
Selling a junk car or motorized commodity has never been easier in Louisville, Kentucky! All you have to do is Contact GC’s Junk Cars
and speak with a friendly and honest junk car buyer about your particular asset. After asking you a few simple questions, we will give you a free personalized quote over the phone. If you accept our offer, we will schedule a time for our in-house tow truck to collect your vehicle at no extra charge! We can also do same-day business! If you have questions about our offer, we will invite you to come to our complex for a closer assessment and estimation.
How Do I Prepare to Sell a Junk Car?
Once you have made arrangements to sell your junk car or asset, be sure to take all personal possessions out of it first. Then remove your license plate and cancel your registration with the state. Take it a step further and siphon the fuel out of the vehicle and store it in approved fuel containers for future use commodities that take fuel, like lawn mowers. This is actually helpful for the buyers since they have to drain all the fluids anyway.