If you are considering selling your junk car for cash, you might be wondering how much you will receive in exchange. The problem is that there is a wide range of prices that you might be offered – and it can be hard to understand why you might receive a certain offer.
The average junk car sells for between $100 and $1000. That’s a huge variation! For those interested in selling scrap cars for cash in Black Earth, WI, it pays to understand the factors that contribute to the price you might receive. Here are just a few:
Weight
Since the payment you receive for a junk car is generally for the scrap metals and materials being recovered, it only makes sense that a larger vehicle would yield a higher price. The heavier your car is, the more you are likely to receive in exchange for it.
Condition
Sometimes, your old car is only good for scrap. Metal always has value, but a car in better condition will net you a lot more than one that has been rusting for years.
Additionally, a car that still works well might be sold for more than just scrap metal. In this case, you stand to make a lot more than you would selling it for scrap.
Where You Sell
The market for scrap metal and other materials varies from state to state. Where you sell matters, but it might not be legal for you to travel to a different area to sell your vehicle. Be sure to check with your state or local government before doing so.
Current Market Prices for Metal
When selling a junk car for cash, you are generally sending it off to be processed for scrap metal. That metal can be valuable. But exactly how valuable it is will depend on the current market prices for scrap metal and other materials.
To find out if it is a good time to sell your junk car for cash, talk to your local processor. They can help you track market conditions and advise you on the best time to sell.
